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Institute for New Economic Thinking
Conference Highlights on a Wide Array of Talks
A quick overview of the talks that took place at INET's Inaugural Conference at King's College, Cambridge<br/>
Institute for New Economic Thinking
How Conventional Wisdom Failed Us
Lord Adair Turner of the Financial Services Authority of the United Kingdom discusses the "massive intellectual mistake" that led to the global financial crisis
Institute for New Economic Thinking
"We're all Keynesians in the Foxhole"
In part 1 of INET's exclusive interview with Robert Skidelsky, he talks about the inspiration for his new book on Keynes, "The Return of the Master," and discusses how economists often take Keynesian perspectives only during times of...
Institute for New Economic Thinking
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...
This episode...
Institute for New Economic Thinking
Philip Mirowsky, Robert Skidelsky, Bruce Caldwell - Q&A
The Inaugural Conference @ King's, Institute for New Economic Thinking, Day 1 - Dinner Q&A Session<b<br/>r/>
1930 and the Challenge of the Depression for Economic Thinking: Friedrich Hayek vers<br/>us John Maynard Keynes
1930 and the Challenge of the Depression for Economic Thinking: Friedrich Hayek vers<br/>us John Maynard Keynes
Institute for New Economic Thinking
Is the US in Decline?
In part 6 of INET's interview with Robert Skidelsky, he talks about Keynes' moral critique as it relates to American consumption
Institute for New Economic Thinking
William White: Which Way Forward? 5/6
William White, Chairman of the Economic Development and Review Committee, Organization for Economic Co-operation and Development (OECD) speaks on panel, entitled "Which Way Forward: Reflections on Global Turmoil and the Role of Markets,...
Institute for New Economic Thinking
The Need for Sustained Stimulus
In part 3 of INET's exclusive interview with Robert Skidelsky, he says that today Keynes would push for continued stimulus, because he believed that the economy would not simply bounce back without it
Institute for New Economic Thinking
INET's Interview with Robert Skidelsky
In this extensive interview, one of the world's foremost scholars of John Maynard Keynes explains the many ways Keynes's insights are more relevant than ever<br/>
Institute for New Economic Thinking
The Need for a New Bretton Woods
In part 5 of INET's exclusive interview with Robert Skidelsky, the Keynes expert notes that China's rise is creating global tension that may require a global financial overhaul
Institute for New Economic Thinking
The Flaw in Fiscal Conservatives' Logic
In part 6 of INET's interview with Lance Taylor, he says that if the government starts thinking it's a household, then we're in a lot of trouble. Unlike families, governments can sustain investment from debt for the long term
Institute for New Economic Thinking
Nicholas Wapshott: The Humble Hayek (3/5)
Let us be humble, and appreciate the limits of our knowledge -- such was Hayek's credo, as Nicholas Wapshott explains in part 3 of this INET interview.
Institute for New Economic Thinking
Facing Up to Keynesian Uncertainty
In part 2 of INET's interview with Robert Skidelsky, the topic is Keynesian Uncertainty, and how it applies to times of stability and to times of crisis
Institute for New Economic Thinking
10 On the Abolishing of the Concerns of Intertemporal Coordination
In late 2015, JW Mason and Arjun Jayadev went to speak with Axel Leijonhuvud, in retirement in Pismo Beach, to ask about his work and the intellectual paths not taken after 1968. Over a couple of days with him and his wife Earlene, they...
Institute for New Economic Thinking
A "Spurt of Keynesianism" is Not Enough
In part 5 of INET's interview with Lance Taylor, he discusses why a sustained fiscal stimulus will be necessary to maintain growth in the long-term, rather than fiscal rectitude
Institute for New Economic Thinking
Nicholas Wapshott: Keynes' Optimism vs. Hayek's Pessimism (2/5)
Watch Nicholas Wapshott discuss the different characters of Keynes and Hayek, which Wapshott says had a profound influence on their preferred policy programs. While Keynes was an optimist, Hayek was a pessimist who "assumed that if...
Institute for New Economic Thinking
03 On Keynes and Hayek
In late 2015, JW Mason and Arjun Jayadev went to speak with Axel Leijonhuvud, in retirement in Pismo Beach, to ask about his work and the intellectual paths not taken after 1968. Over a couple of days with him and his wife Earlene, they...
Institute for New Economic Thinking
The Blind Spots of Economic Theories
In part 2 of INET's interview with Lance Taylor, he says that leveraged debt and other evidence was on the table before the crash, but people chose not to look at it
Institute for New Economic Thinking
Bringing in the Gunslinger: Nicholas Wapshott on Keynes vs. Hayek
Keynes and Hayek were defining figures in 20th century economics. In this INET interview, Nicholas Wapshott talks about his book, Keynes Hayek: The Clash that Defined Modern Economics, and about the intellectual clashes between two...
Economics Explained
Why Economists Never Agree on Anything?
An economy is a collection of production and consumption processes that are all working towards solving the central economic problem.
The problem is that we only have access to a finite amount...
The problem is that we only have access to a finite amount...
Institute for New Economic Thinking
Who is John Maynard Keynes?
An introduction to the great 20th century economist John Maynard Keynes and an explanation why the Institute is launching at Keynes' King's College at Cambridge University.
Institute for New Economic Thinking
Nicholas Wapshott - Keynes vs. Hayek: The Debate Wages On (5/5)
In part 5 of this INET interview, Nicholas Wapshott discusses how the conflict between Keynes and Hayek has carried forward into modern debates over the proper role of governance. As policy debates still wage on today over austerity vs....
Institute for New Economic Thinking
Fiscal Policy Now Hamstrung
In part 4 of INET's interview with Robert Skidelsky, he says that Obama violated Keynes' insight of recovery before reform, and as a result, fiscal policy is at a standstill
Professor Dave Explains
Business Cycles: Boom and Bust
We are all somewhat familiar with economic expansion and recession. And pretty much everyone has heard of The Great Depression. What are recessions and depressions? How do we describe the business cycles that produce them? Let's define...