Institute for New Economic Thinking
Crash Course on Hyman Minsky, L. Randall Wray
L. Randall Wray, professor at UMKC, talks about Hyman Minsky, an American economist who, even in the relative stability of the 1950s, predicted financial collapse because of "speculative euphoria." Interviewed by Peter Leyden at King's...
Institute for New Economic Thinking
Don’t Let a Crisis Go to Waste
Matias Vernengo explains how economic crises reveal the nakedness of neoliberal policies. After the Great Depression, global capitalism underwent serious reform. Why didn’t that happen after 2008? Matias Vernengo, Professor of Economics...
Institute for New Economic Thinking
The Pains of Global Rebalancing
In part 3 of INET's interview with Ha-Joon Chang, he says that as the United States stumbles in its role of "buyer of last resort," exporting countries like Germany and Japan have to do the job of rebalancing because structural...
Curated Video
Understanding the UK Regulatory Framework in the Financial Sector
The video discusses the regulatory framework within the UK financial sector and how it has evolved over the years. The speaker explains the changes that have taken place, including the creation of regulatory bodies such as the Financial...
Curated Video
External Inflation and Its Impact on the UK's Macroeconomic Performance
The video discusses the concept of external inflation, which refers to inflation that comes into the UK from other countries. The presenter explores how commodity prices and inflation in other countries can influence the UK's...
Curated Video
Understanding Monetary Policy and Interest Rates in the UK
This video provides an explanation of monetary policy and its role in creating price stability in the economy. It specifically focuses on the UK's central bank, the Bank of England, and their target of a 2% annual increase in the...
Economics Explained
Japan - The Fading Economy: The Great Stagnation
Japan became the first of the modern Asian countries to experience massive sustained economic growth. Japan had a lot going for it after the end of the war, it was able to rebuild with the help of the allies and go through its own modern...
Economics Explained
Here's Why Supply And Demand Is Overrated!: Sticky Prices
If you were to ask any random person on the street what it is that they knew about economics there is a pretty good chance that the first thing that they would blurt out would be the words “Supply & Demand” The number of people out there...
One Minute History
The Great Inflation - One Minute History
From 1965 to 1982 a macroeconomic event known as “The Great Inflation” cast a shadow on the post-World War Two Global Monetary System. During this time, inflation rose from a rate of 1% a year, to its peak in 1980, of almost 15%. Jobs...
Institute for New Economic Thinking
The Nature of Economics | Economics for People with Ha-Joon Chang
Economists like to claim that they can explain everything. But does that really hold up? In this first lecture in INET’s “Economics For People” series, Ha-Joon Chang examines whether economics is science, or politics.
About “Economics...
Financial Times
Inside the mind of Robert Mugabe
FT Weekend editor and southern Africa expert Alec Russell looks at the motivations and actions of Robert Mugabe, Zimbabwe's ageing dictator, who took control of the country 37 years ago and has finally stepped down.
Financial Times
Brexit: why economists think UK will be poorer after leaving EU
FT economics editor Chris Giles explains the assumptions behind post-Brexit scenarios from the UK government and Bank of England suggesting citizens will be thousands of pounds worse off than if the UK had stayed in the EU.
Institute for New Economic Thinking
Looming Challenges Facing China and the West
In part 8 of INET's interview with Orville Schell, the Director of the Center on US-China Relations at the Asia Society says that once the overheated Chinese economy inevitably slows, the country will face some big problems like...
Mediacorp
Rationalists and the Battle for an Anti-Superstition Law
This video explores the rise of rationalists in India who are fighting against fake godmen and demanding an anti-superstition law. The rationalists face threats and assassinations from Hindu right-wing groups who protect these godmen....
Institute for New Economic Thinking
When Innovation Meets Authoritarianism
China is the staging ground for an economic experiment: Can innovation succeed when it’s directed by an authoritarian state? INET President Rob Johnson sits down with Julian Gewirtz to discuss his book Unlikely Partners: Chinese...
Institute for New Economic Thinking
Mario Seccareccia: Macroeconomic Management After a Crisis (3/7)
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 Mario Seccareccia, Professor of Economics at the University of Ottawa. The...
The Wall Street Journal
A Financial Outlook
What does 2022 hold for markets, the economy, trade and inflation? Barclays CEO Jes Staley talks to the Wall Street Journal about the next stage of the economic recovery, the return to work, and what it all means for frothy markets.
Curated Video
Assessing the Price Mechanism: Advantages and Disadvantages with Examples.
This video discusses the price mechanism and its functions in free markets. It explains how prices play a role in rationing, signaling information about markets to producers and consumers, and providing incentives for firms to alter...
Weird History
How The Worst Periods In History Got Better
Humanity has lived through some horrific periods in history, including natural disasters, plagues, and man-made crises. Plagues have threatened to wipe out civilization more than once, while famine, floods, and fires have brought...
Economics Explained
The Economy of South Korea
South Korea, a highly-developed and wealthy economy that epitomizes the story of a modern Asian nation, has made the transition from a very poor to very rich in less than one life's generation. Today, the nation is a glistening beacon of...
Economics Explained
Are The "Extreme" Economic Systems Totally Pointless?: Introduction
Karl Marx and Frederick Engels were philosophers, political theorists, and economists responsible for writing the communist manifesto, which is today probably the most widely recognized text outlining a system for a communal economy. An...
TLDR News
Why States Across the US are Re-Opening Coronavirus Quarantine Ends - TLDR News
Following objections from across the country, some states are beginning to loosen their quarantine rules, and others are at least discussing it. In this video, we discuss which countries are relaxing their rules, what the new rules are...
The Wall Street Journal
The Bailout & The CFO
What does the government's big economic rescue plan mean for business, and how might it enhance or hobble the landscape for enterprise in years to come?
Curated Video
Covid-19: more questions about coronavirus, answered
What has the world learned about the novel coronavirus and its knock-on effects on the global economy? Ed Carr, The Economist's deputy editor, and Alok Jha, our science correspondent, answer more of your questions about the virus.