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Crash Course
Economic Schools of Thought: Crash Course Economics
We talk a lot about Keynesian economics on this show, pretty much because the real world currently runs on Keynesian principles. That said, there are some other economic ideas out there, and today we're going to talk about a few of them....
Curated Video
Global Economies
Global economies are evolving at different speeds, and they face both opportunities and challenges. Knowing the major markets and the stage of development for each allows businesses to determine how best to enter and expand. Learn how...
Institute for New Economic Thinking
D'Maris Coffman -- The Corn Laws: Seeing through the Eyes of Ricardo and Malthus
The British Corn Returns data provided the empirical basis for the fierce debate around the introduction and repeal of the 19th century British Corn Laws. Contemporary readers, like David Ricardo and Thomas Malthus, followed them as...
Institute for New Economic Thinking
George Soros - The Living History of the Last 30 years
The Inaugural Conference @ King's, Institute for New Economic Thinking, Session 1:
The Living History of the Last 30 years: Economic Theory, Politics
and Policy
Economic theory has modeled itself on theoretical...
The Living History of the Last 30 years: Economic Theory, Politics
and Policy
Economic theory has modeled itself on theoretical...
Institute for New Economic Thinking
The Fundamental Delusion of Predicting Based on the Past
Lord Turner challenges the idea that economists can accurately predict the future based solely on past data
Institute for New Economic Thinking
Kevin Gallagher: Emerging Markets and the Reregulation of Cross-Border Finance
Since the revival of global capital markets in the 1960s, cross-border capital flows have increased by orders of magnitude, so much so that international asset positions now outstrip global economic output. Most cross-border...
Institute for New Economic Thinking
In Defense of Economic Theory
It’s common to hear economists derided for being overly theoretical. But University of Puget Sound’s Wade Hands cautions that empiricism without theory isn’t enough.<br/>
Institute for New Economic Thinking
How Economics Became a Cult
Watch Steve Keen discuss how mainstream economics acts more like a cult than a science, how mathematics has been misused by the economic discipline, and how with the right tools a grad student can make a better economic model than a...
Institute for New Economic Thinking
George Soros: Why We Need To Rethink Economics
In this short interview, Institute for New Economic Thinking co-founder George Soros tackles the question at the heart of the Institute's mission: What's wrong with economics and what can we do to change it?"Economic theory needs to be...
Institute for New Economic Thinking
Roger Guesnerie - The Next Economic Frontier and the Wild World of Non-Rational Expectations
One of the fundamental ideas of modern economics -- that people have rational expectations, an unbiased, statistically correct view of the future -- is, in reality, a simple hypothesis. And despite its prominence in recent economic...
Institute for New Economic Thinking
Eric Weinstein: What Math and Physics Can Do for New Economic Thinking
Welcome to our 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 episode...
This episode...
Institute for New Economic Thinking
Roger Guesnerie: What Can Economists Know? 3/5
Roger Guesnerie, Professor of Economic Theory and Social Organization, Paris School of Economics speaks on panel entitled "What Can Economists Know: Rethinking the Foundations of Economic Understanding at the Institute for New Economic...
Institute for New Economic Thinking
Why Economics Failed [George Soros]
George Soros explains why there is no mathematical equation that can define humanity. He discusses his theory of reflexivity and how the discipline has gone astray.
Institute for New Economic Thinking
Paul Davidson - What Goes Around Comes Around 3/4
In the third part of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Journal of Post Keynesian Economics co-founder Paul Davidson about Davidson's book The Keynes Solution:...
Institute for New Economic Thinking
Paul Davidson - The Trouble With the Ergodic Axiom 2/4
In the second part of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Journal of Post Keynesian Economics co-founder Paul Davidson about Davidson's book The Keynes Solution:...
Institute for New Economic Thinking
Paul Davidson - Legal Arbitrage Is Not Comparative Advantage 4/4
In the fourth and final part of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Journal of Post Keynesian Economics co-founder Paul Davidson about Davidson's book The Keynes...
Institute for New Economic Thinking
Is Economics a Science? | How & How NOT to Do Economics with Robert Skidelsky
Most economists think of economics as a science. But are they right? If so, what kind of science is it? You can put on the uniform of a policeman, but does that make you a policeman?
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These, and more questions, are...
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These, and more questions, are...
Institute for New Economic Thinking
The Debt We Don't Talk About
How do you know a major financial crisis is coming? Look for a spike in privately held debt, by households and corporations.
That's the argument of Richard Vague, author of The Next Economic Disaster: Why It's Coming and How...
That's the argument of Richard Vague, author of The Next Economic Disaster: Why It's Coming and How...
Institute for New Economic Thinking
Robert and Edward Skidelsky - How Much is Enough? 1/3
In the first part of this three-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Robert Skidelsky and his son Edward Skidelsky about their book, How Much is Enough? Money and the Good...
Institute for New Economic Thinking
Robert and Edward Skidelsky - Reimagining the Good Life 3/3
In the third part of this three-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Robert Skidelsky and his son Edward Skidelsky about their book, How Much is Enough? Money and the Good...
Institute for New Economic Thinking
The Role of the Economics Profession in the Global Crisis
A lineup of top Economists explain how the economics profession was partly responsible for the recent Financial meltdown and Great Recession.<br/>
Institute for New Economic Thinking
George Soros Perspectives
Financier George Soros, who initiated the Institute with a $50 million gift, gives his perspective on the Institute and some of the huge issues facing economists in the 21st century.
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...
Curated Video
Understanding Inflation Expectations: Adaptive vs Rational Expectations
The video discusses the concept of inflation expectations and the two main types of expectations: adaptive and rational. The speaker explains how these expectations can impact economic phenomena, particularly inflation, and how they are...