William Lazonick, professor at University of Massachusetts Lowell, explains how rationalization, marketization, and globalization characterize the U.S. economy during the past 50 years, and how the behavior of companies and fate of American workers have changed during this process.
In a recent interview at the INET offices in New York, Anwar Shaikh provided a background to the work and his life in this quest. See here: A Turbulent Capitalist Economy: The vision of Anwar Shaikh
Professor Stephanie Seguino of the University of Vermont describes how inequality between men and women has driven economic growth, arguing that pursuing equality while growing the economy requires reframing social spending as a form of investment.
By Servaas Storm, a Dutch economist and author who works on macroeconomics, technological progress, income distribution & economic growth, finance, development and structural change, and climate change. Originally published at the Institute for New Economic Thinking website The Dutch go the polls on March 15, a few weeks ahead of the French vote to choose … More Euroland: Will the Netherlands Be the Next Domino To Fall?
By Orsola Costantini Is Neoliberalism a fixed set of ideas, or even an identifiable political movement? Why do so many people who should know better argue that Neoliberalism “does not exist”? asks Prof. Philip Mirowski in his INET working paper, The Political Movement that Dared not Speak its Own Name: The Neoliberal Thought Collective Under … More An INET Symposium on Neoliberalism
By Matías Vernengo While the Neoliberal movement’s concerns extend into a broad political reorganization of society, it remains intimately connected with neoclassical economic thought. The idea of a Neoliberal Thought Collective (NTC) being a “completely different school of thought” from neoclassical economics is not quite correct. It is true that Neoliberalism transcends the more limited … More New INET Paper by Matías Vernengo: Who is afraid of Neoliberalism? A comment on Mirowski