Institute for New Economic Thinking
The Institute for New Economic Thinking (INET) is focused on the thorough exploration of fresh economic ideas and approaches that tackle the critical issues facing society today. We promote effective economic concepts aimed at benefiting humanity. Established in 2009, we operate as a nonpartisan, nonprofit entity that champions forward-thinking initiatives in several key areas: the connection between finance and the overall economy, issues of inequality and distribution, the economics of innovation, and the sustainability of our environment and resources. We are in the process of creating a worldwide network of innovative economic thinkers, supported by our grantees, research collaborations, partnerships with top universities and organizations, prominent events, and a rising number of student-led movements. We also offer interactive educational resources at no cost to audiences around the globe. Our efforts are informed by historical context and draw from multiple disciplines. We recognize that complexity and uncertainty are fundamental aspects of economic and financial systems, and we challenge theories that wrongly assume people always act in rational and predictable ways. Conventional economics has its shortcomings. Our aim is to provide optimistic solutions to the significant challenges of the 21st century.
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Articles
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1 month ago |
ineteconomics.org | Lynn Parramore
Early in her chilling account of life as a Facebook executive, Sara Wynn-Williams drops an intriguing detail: Mark Zuckerberg’s favorite president. The young founder – still in his twenties at the time — picks Andrew Jackson, because he “got stuff done.” “What about Lincoln or Roosevelt” the author asks the boss. Didn’t they get stuff done, too? Zuckerberg insists: “It’s Jackson.
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1 month ago |
ineteconomics.org | Lynn Parramore
Students left in limbo with PhD programs paused. Essential scientific research slashed. Key disease response meetings cancelled. The threat of China’s dominance growing. The Trump administration’s campaign to restrict funding for U.S. institutions critical to science, technology, and health has sparked growing anxiety. Will budget cuts derail America’s leadership, altering its global standing for years to come? What will it cost us—and the rest of the world?
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2 months ago |
ineteconomics.org | Lynn Parramore
Everyone’s freaking out about soaring homeowner’s insurance costs in the wake of devastating California fires. Right now popular anger focuses mostly on greedy insurance companies, but is that the whole story? Are they truly the main reason behind these rising premiums, or are other factors at play? Thomas Ferguson, Director of Research at the Institute for New Economic Thinking (INET), dives into the growing crisis, arguing that climate change denialism is hiding its true extent.
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2 months ago |
ineteconomics.org | Lynn Parramore
Economics has a dirty secret. What if a core principle of mainstream economic theory—still taught in top universities, printed in textbooks, and shaping policy for all of us—is completely wrong? What if the iconic supply and demand chart every econ student knows by heart doesn’t actually capture the reality of how economies work? That’s the claim of noted economist James K.
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2 months ago |
ineteconomics.org | Lynn Parramore
Hedge-fund activism—where funds push for quick profits by buying up big stakes in companies—has exploded in recent years. In his new book, The Rhetoric and Reality of Shareholder Democracy and Hedge-Fund Activism, economist Jan-Sup Shin of the National University of Singapore, an expert in technology and innovation, dives into how it all began and why it’s a growing problem.
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