INET - Institute for New Economic Thinking

Why Chase Taylor Swift? Stop the Corporate Looting That Makes Billionaires. A case for tackling the corporate machinery driving extreme wealth, and the reforms that could truly curb it.

Could California’s wealth tax be missing the real culprit? Instead of chasing individual fortunes, what if the focus shifted to the corporate structures that fuel extreme wealth? 
www.ineteconomics.org/perspectives...

Why Chase Taylor Swift? Stop the Corporate Looting That Makes Billionaires. A case for tackling the corporate machinery driving extreme wealth, and the reforms that could truly curb it.

Taxing Taylor Swift isn’t the solution to the billionaire dilemma —but curbing the corporate engines behind mega-rich fortunes might be. Let’s dive into buybacks, executive pay, and progressive governance that could reshape how wealth is created and shared. www.ineteconomics.org/perspectives...

Is That New Procedure Proven? MedTech Billing Codes and Evidence-Based Medicine Introduced by the AMA in 2001, Category III CPT codes aimed to streamline financial reporting. Instead they became entangled in a politically driven, zero-sum reimbursement game.

Why do unproven medical technologies so often find their way into US health care?
Cleary and Osipenko show how billing codes, reimbursement politics, and weak evidence standards can open the door. www.ineteconomics.org/perspectives...

From Fed Failures to Inflation and Stablecoins: America’s Trust Is Cracking Authors Bill Bergman and Larry Feltes argue that declining public confidence in government and financial institutions is putting the U.S. economy in peril -- and a crisis could come faster than you th...

The system that got us into 2008 is still in place—and now it’s under more stress than ever.  Bergman and Feltes share w/ Lynn Parramore why another financial shock could hit sooner than anyone expects.
www.ineteconomics.org/perspectives...

From runaway military spending to stablecoins shaking up banks, authors Bill Bergman and Larry Feltes explain to Lynn Parramore why trust is collapsing in America, and why it matters to you.
www.ineteconomics.org/perspectives...

"Critics call this censorship. Defenders call it overdue governance. Both labels miss part of the picture. What is really in play is a conflict between two economic models of the public sphere, filtered through legal traditions that are less timeless than they are often presented." - Pia Malaney

Failed State, Failed Market: Europe’s Bid to Reprice Social Media Harms Europe’s social media crackdown is less about “speech wars” than a long-overdue attempt to price the public damage created by large platforms.

“Social media has become a failed state.”

Pia Malaney reframes the debate away from speech and toward economics “profits are private, harm is socialized,” and Europe is trying to reprice the damage. www.ineteconomics.org/perspectives...

America’s Real Health Crisis? Economics — and a Generation Pays Health researcher Steven H. Woolf tells INET’s Lynn Parramore why making Americans healthy again means economic policies that help working- and middle-class families. Raw raw milk won’t cut it, and ev...

Health researcher Steven H. Woolf warns: "I'm not too sure the average person is really aware of this -- that the length of your life depends on what state you're in." Read convo w/ Lynn Parramore www.ineteconomics.org/perspectives...

Concentrated wealth shortens American lives. Even for the rich. Health researcher Steven H. Woolf talks to Lynn Parramore

America’s Real Health Crisis? Economics — and a Generation Pays Health researcher Steven H. Woolf tells INET’s Lynn Parramore why making Americans healthy again means economic policies that help working- and middle-class families. Raw raw milk won’t cut it, and ev...

Americans are dying younger. And young Americans are dying. Researcher Steven H. Woolf explains why to Lynn Parramore www.ineteconomics.org/perspectives...

Macroeconomics is the driver, not median voters. Thomas Ferguson responds in a forum on “How Not to Defeat Authoritarianism.”

Democratic elites chose donors over workers. Without an aggressive economic agenda they risk becoming the permanent minority party, warns Thomas Ferguson. @bostonreview.bsky.social  www.bostonreview.net/forum/how-no...

Education of a Grandmaster Kenneth Rogoff, Our Dollar, Your Problem: An Insider’s View of Seven Turbulent Decades of Global Finance, and the Road Ahead. Yale 2025.

Rogoff’s book tells the story of an establishment insider who learns to win by playing the outsider. What does that habit do to economic judgment? 
www.ineteconomics.org/perspectives...

Why American Life Expectancy is Falling Behind Globally, Falling Apart by State In a discussion with INET’s Lynn Parramore, researcher Steven H. Woolf explains how the peculiar features of life, policy, and economics in America are killing us sooner, and what we can do to change ...

Researcher Steven H. Woolf uncovers the hidden ways life in America is killing us sooner. Check out convo w/ Lynn Parramore. www.ineteconomics.org/perspectives...

Macroeconomics is the driver, not median voters. Thomas Ferguson responds in a forum on “How Not to Defeat Authoritarianism.”

Democratic Party = permanent minority party without something more than Obamacare tweaks, supply side tinkering, AI wonders, or abundance-by-deregulation. www.bostonreview.net/forum/how-no...

Why American Life Expectancy is Falling Behind Globally, Falling Apart by State In a discussion with INET’s Lynn Parramore, researcher Steven H. Woolf explains how the peculiar features of life, policy, and economics in America are killing us sooner, and what we can do to change ...

In 1990, New York and Oklahoma had the same life expectancy. Now they’re wildly different. Why? Researcher Steven H. Woolf explains to Lynn Parramore www.ineteconomics.org/perspectives...

Financial Crises The Volcker Alliance and the Institute for New Economic Thinking convened a group of influential thinkers for a half-day forum to discuss regulatory and structural changes needed to ensure the stabili...

In 2016, Kevin Warsh joined Paul Volcker and other analysts for an INET session on "Closing the Gaps in Financial Regulation."

Today's news highlights underscores the continuing importance of that theme.
www.ineteconomics.org/events/finan...

Education of a Grandmaster Kenneth Rogoff, Our Dollar, Your Problem: An Insider’s View of Seven Turbulent Decades of Global Finance, and the Road Ahead. Yale 2025.

Insider/outsider? Rogoff was at Harvard, in IMF circles, in the top journals... Yet here is a narrative that postures towards being an outsider arguing against the consensus it helped build. www.ineteconomics.org/perspectives...

Move Fast and Break Everything: Crypto and the Democrats After FTX’s collapse, crypto looked finished. Yet Washington revived it, culminating in Trump’s GENIUS Act and a surprising Democratic shift. How did money and affluence predict pro-crypto votes, amid...

The real question isn’t whether crypto should have rules — it’s whose interests those rules serve. New INET research shows how political money powered crypto's hazardous phoenix-like resurrection
www.ineteconomics.org/perspectives...

Move Fast and Break Everything: Crypto and the Democrats After FTX’s collapse, crypto looked finished. Yet Washington revived it, culminating in Trump’s GENIUS Act and a surprising Democratic shift. How did money and affluence predict pro-crypto votes, amid...

Novogratz on the strong Democrat "commitment": “they realized it was really bad politics to be anti-crypto"

INET’s latest Working Paper follows the political $$$ that powered this resurgence: www.ineteconomics.org/perspectives...

Move Fast and Break Everything: Crypto and the Democrats After FTX’s collapse, crypto looked finished. Yet Washington revived it, culminating in Trump’s GENIUS Act and a surprising Democratic shift. How did money and affluence predict pro-crypto votes, amid...

Crypto was left for dead after FTX—then Washington brought it back. New research shows how political money powered its hazardous phoenix-like resurrection.
www.ineteconomics.org/perspectives...

Venezuela: The Hidden Workforce Behind Oil, AI, and a Fragile Nation Venezuela is caught between economic collapse, foreign intervention, and the invisible machinery of the global economy.

Venezuela is an extreme case of a global pattern: rising costs, insecure work, and AI and oil companies choosing profits over people. Lynn Parramore explores what happens to workers on the front lines of an affordability meltdown www.ineteconomics.org/perspectives...

Trillions for War, Pennies for People: How Soaring Military Spending Fails Americans William Hartung and Ben Freeman, authors of Trillion Dollar War Machine, talk with INET’s Lynn Parramore about America’s runaway defense spending and its increasingly alarming human toll

William Hartung: “Whether you’re a hawk, a reformer, or a peacenik, the system doesn’t work.” Catch @LynnParramore’s interview with Hartung and Ben Freeman on their new book, Trillion Dollar War Machine. www.ineteconomics.org/perspectives...

Exploitation isn’t abstract—it’s measurable.
👉 youtu.be/0jJZV7NgCVg 👀
Jonathan Cogliano @umassbostonecon.bsky.social shows how inequality runs deeper than income or wealth.

According to Storm’s latest INET Working Paper, AI is built on a revenue delusion The costs of training AI models and the cost of inference are rising Scaling is very costly (AI application inference costs have grown ~ 10x) Customers are unlikely to pay enough (only 5% of OpenAI users are paying subscribers) User satisfaction w/AI tools are stagnating or declining

Servaas Storm’s latest working paper argues that the heedless projections of AI’s exponential growth — which defy logic & ignore unforgiving real-world constraints — are creating an investment bubble that will be socially and financially costly when it bursts. www.ineteconomics.org/perspectives...

Debt, Austerity, and the New EU Rules: Why Italy’s “Reform” Path Still Leads Nowhere Europe’s revamped fiscal rules promise discipline and stability, but Italy’s numbers tell a different story. Once realistic multipliers and hysteresis are built in, consolidation pushes debt up, growt...

"Once we abandon the comforting fiction that output automatically returns to “potential,” the new fiscal framework looks less like a path to sustainability & more like a mechanism for locking Italy, & much of the euro area, into a self-defeating cycle of austerity, weak growth & rising debt”-Ciccone

Debt, Austerity, and the New EU Rules: Why Italy’s “Reform” Path Still Leads Nowhere Europe’s revamped fiscal rules promise discipline and stability, but Italy’s numbers tell a different story. Once realistic multipliers and hysteresis are built in, consolidation pushes debt up, growt...

Ciccone's New INET working paper finds the new EU fiscal rules on Italy’s debt-to-GDP ratio may slow growth and undermine the sustainability of public debt. www.ineteconomics.org/perspectives...

5 Lessons from the End of the Larry Summers Era Summers’ influence was immense, but so were his blind spots. It’s time for economics that values people and the planet over power and prestige.

Larry Summers’ retreat leaves America a roadmap for what economics shouldn’t be -- and what it COULD be. Lynn Parramore investigates www.ineteconomics.org/perspectives...

International Conference on Digitalisation, Market and Society ​ International Conference on Digitalisation, Market and Society is a cross-disciplinary plenary on how digital transformation is altering work, gender norms, and social institutions—and how society can...

The International Conference on Digitalisation, Market, and Society organized by INET-YSI in collaboration with IISER Mohali and Brandeis University, Massachusetts, USA, from December 2-4, 2025. Find more about the conference here: www.ineteconomics.org/events/inter...

We can feed every child and house every family. The problem isn’t production—it’s distribution.
👉 youtu.be/DDw2yHQ8Usc 👀
Sven Beckert explores the real story of capitalism and our modern economy in his new book:
penguinrandomhouse.com/books/541160...

EconOfWar.org just won silver in the Anthem Awards🎉
Our deepest thanks to all who voted, only together can we build an economics for a brighter future!
anthemawards.com/winners/list/entry/#!education-art-culture/show-or-video/the-economics-of-war-and-peace/0/new-economic-thinking/623560