Curated Video
Robert Skidelsky: Economics and Political Power during the Crisis
Welcome to our new video series titled "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important issues facing economics and the global economy today. This episode features...
Institute for New Economic Thinking
Credit Booms & Credit Busts
There is now a growing consensus among policymakers and academics that a key element to improve safeguards against financial instability is to strengthen the “macroprudential” orientation of regulatory and supervisory frameworks....
Curated Video
Who Stole Ireland's Pot of Gold
Banking crises come and go, but they become exceptionally complicated matters when the affected country is non-sovereign in the sense that it does not issue its own currency. This is essentially the problem faced by Ireland, which was...
Curated Video
Using Our Grandchildren's Credit Cards
In part 2 of INET's interview with Richard Koo, he says that what's missing from the US fiscal policy debate is what widespread cost-cutting of programs like schools and libraries -- and what this would mean for future generations
Curated Video
An Overview of Government Spending
The video discusses the general concept of government spending and its focus on fiscal policy. The speaker identifies three types of government spending: transfer payments, current government spending, and capital spending. He provides...
Curated Video
Sheila Dow - Why Economists Think How They Think
Economists argue over how the economy works or what is the best fiscal policy to recover from the current crisis. Sheila Dow looks behind the curtain of these debates; she seeks to find out why particular theories are being advanced, and...
ACDC Leadership
Fiscal Policy and the Multiplier Practice (1 of 2)- Macro Topic 3.8
Time to practice. In this video I explain how to use the spending multiplier to close a recessionary gap. This is an old video, but it's still good.
ACDC Leadership
Fiscal Policy and the Tax Multiplier Practice (2 of 2)- Macro Topic 3.8
In this video I explain how changes in taxation are different than changes in government spending. Keep in mind that tax cuts have less of an effect on AD than increasing spending since people save a portion of a tax cut. Thanks for...
Curated Video
Optimal Currency Areas: Assessing the Eurozone's Suitability
This video lecture discusses the concept of optimal currency areas and applies specific criteria to assess whether the eurozone is an optimal currency area. The four criteria to assess the optimality of a single currency are symmetry of...
The Wall Street Journal
Lawrence Summers on Economic Risks for the U.S.
Lawrence Summers discusses the reemergence of inflation, monetary policy and risks the markets currently face.
Curated Video
Age of Jackson Crash Course US History
In which John Green teaches you about the presidency of Andrew Jackson So how did a president with astoundingly bad fiscal policies end up on the $20 bill? That's a question we can't answer, but we can tell you how Jackson got to be...
Curated Video
Massimo Cingolani: Identifying Weaknesses in the Eurozone
The great achievement of the EU has been to reduce the probability of violent nationalist conflict among some of its members to a vanishing small probability while improving the economic lot of its members. But in spite of the...
Curated Video
The Euro: Costs and Benefits of Joining a Currency Union - A UK Perspective
In this video lecture, the presenter discusses the euro and the features of a currency union. He explains the differences between a monetary union and a fixed exchange rate system, and the benefits and costs of joining the eurozone. He...
Institute for New Economic Thinking
How do we move beyond the “austerity” debates?
And how do they relate to our democratic institutions and institutional social relations? We debate these topics with Italian author Thomas Fazi, focusing on Europe but searching for answers to the most divisive economic debates of our...
Economics Explained
How To Fix an Economic Crisis
Ok so lets say you find yourself as the head of state of some country during an impending economic crash, share markets are down, business are closing, unemployment is rising and everybody is looking to you to provide economic guidance...
Curated Video
Calculating the Cost of COVID
Inflation? Expanding digital currencies? What's next in this brave new world? Jens Nordvig (Founder & CEO, Exante Data) describes what he saw as the pandemic unfolded, and where it might be taking us.
Institute for New Economic Thinking
Adam Posen: What Japan and the UK Demonstrate about Macroeconomic Stimulus
Welcome to our new video series called "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important issues facing economics and the global economy today. This first episode...
Curated Video
Peter Temin: Lessons from the Great Depression
George Santayana once wrote that those who could not remember the past were condemned to repeat it. And looking at today’s policy makers at work seeking to combat the huge challenge of unemployment in the aftermath of the Great Financial...
Curated Video
Curriculum Reform & Rethinking Economics
Mainstream economic theory has been increasingly questioned following the Global Financial Crisis of 2008. The disconnect between reality and theory manifested itself most clearly when the Queen of the United Kingdom pointedly asked why...
Institute for New Economic Thinking
The Future of the Safety Net
A lot has changed since our taxes and benefits were designed, and the consequences of delaying reform are rising. Harvard professor Karen Dynan has a proposal we all might be able to agree with before time runs out. In this interview,...
Economics Explained
Modern Monetary Theory - How it Could Answer All Of Our Economic Problems
Modern Monetary Theory is something so simple yet so complex all at the same time, it does really involve divorcing your mind from how you personally interact with money to ultimately grasp how cash works at an economy wide level. A lot...
Curated Video
Carmen Reinhart: Macroeconomic Management After a Crisis (6/7)
The video shows the panel Macroeconomic Management After a Financial Crisis at INET's Bretton Woods Conference on April 9, 2011. The speaker in this segment is Carmen Reinhart, Dennis Weatherstone Senior Fellow at the Peterson Institute...
Curated Video
Vince Cable: Getting the Financial System Off Life Support
Vince Cable: Getting the Financial System Off Life Support
Curated Video
Sylvia Nasar: Keynes and Fisher (3/5)
In part 3 of this INET interview, Sylvia Nasar discusses the work of Keynes and Irving Fisher and how they changed the field of economics in the early 20th century. Their ideas on monetary economics introduced the idea that the economy...
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