The central concepts of Keynes’ macroeconomic theories concerning the behavior of labor markets, aggregate demand, and asset pricing can be formulated as special cases of a general social interaction model.
Dec 29, 2016
Notes from the Institute’s Director of Research on some significant papers and contributions produced in 2016 under the INET rubric
Jul 15, 2015
The financial crisis of 2008 was unforeseen to a significant extent. One reason is that the dominant academic theories influencing political decision makers ignore recent advances and instead rely largely on models and decision science dating back to the Second World War.
Oct 11, 2013
“You are now leaving the world as you know it.”
Sep 13, 2013
Ronald Coase, who passed away last week at age 102, spent his academic career swimming against the current.
Aug 20, 2013
what is economically correct must always be balanced with what is morally right.
Jul 24, 2013
Did the global economic collapse in 2008 stem from structural failures in the capitalist system?
Jun 10, 2013
“Four men sat at a table. Raised sixty floors above the city, they did not speak loudly as one speaks from a height in the freedom of air and space; they kept their voices low, as befitted a cellar.”
May 12, 2013
In the wake of the 2008 financial crisis, many of our policy makers and top economists are still stumbling in the dark.
Apr 2, 2013
What is the purpose of economics?
Mar 26, 2013
What happens when there’s no leader in the global economy?
Sep 24, 2012
Can economics be morally centered? And perhaps more importantly, should it be?