Institute for New Economic Thinking
@INETeconomics
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We are economists who challenge conventional wisdom and advance ideas to better serve society | @ineteconomics @mstdn .social
New York, NY
Joined January 2010
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Pinned Tweet
A major factor in the decline of inflation is the simple fact that America’s workers were, in general, unable to raise their nominal wages in line with the rise in the cost of living.
#inflation
@federalreserve
3
30
164
“They’ve never met a poor person. They’ve never lived in deprived areas.”
Watch the full
#INETanimates
episode at in which
@Cambridge_Uni
's Ha-Joon Chang explains why economics is too important to be left to economists.
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2K
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Companies like
@Apple
and
@Google
make billions for rich investors by buying back their own stock—at the expense of workers, the public, and the planet.
@Lazonick
says it’s time to ban the
#stockbuybacks
scam. Watch the full
#INETanimates
episode at
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INET has the finest thinkers & teachers to expand your knowledge of economics, start your journey at ! Explore the roots of econ with
@RSkidelsky
then go deeper with Ha-Joon Chang
@BrankoMilan
@arjun_jayadev
@PMehrling
@sanjaygreddy
& more!
#LearnEconAtHome
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We're proud to announce
#Inequality101
with
@BrankoMilan
@GC_CUNY
&
@arjun_jayadev
@azimpremjiuniv
. In this five-part lecture series these renowned scholars break down what inequality is, how we measure it, why it exists, and how to address it. Watch at
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We need to pay more attention to the political uses — and misuses — of economics. Ha-Joon Chang explores five examples of this in the second episode of
#EconForPeople
:
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Economists like to claim that they can explain everything. But does that really hold up?🤔
#HaJoonChang
explores that question and more in INET’s new series,
#EconForPeople
Watch more episodes at
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Economics has many flaws, yet few are as broadly oppressive as its illusions about gender.
Click 👉👀 to watch "The Invisible Woman" with
@Jayati1609
#INETanimates
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The industrial revolution was the Big Bang of global inequality.
In lecture 3 of
#Inequality101
,
@BrankoMilan
explores the advent and widening of inequality between different countries.
Stream the complete series at
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Citizens have been scared into believing economics is too difficult for them. It's not. Watch the latest episode of
#INETanimates
with
#HaJoonChang
at
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If we're going to talk about a
#bailouts
, we need to talk about
#buybacks
. Here's
@Lazonick
on who
#stockbuybacks
really help. Watch more in our
#LearnEconAtHome
series
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Women are 80% more likely than men to be impoverished at age 65 and older.
Learn more in our new episode of
#INETanimates
with
@tghilarducci
at
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.
@rjocean
is not your average economist & this is not your average economics podcast.
Every week, Rob talks about issues with a guest who probably wasn’t on your Econ 101 reading list, from musicians to activists to rebel economists.
Listen & learn more
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What counts as work & what doesn't?
@NFolbre
shows how nearly half of all work done in this country is ignored by economists. Watch the full
#INETanimates
episode & learn why we need to create better measures of non-market income, consumption & investment:
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Has economic theory failed us?
@GeorgeSoros
@OpenSociety
says there is no mathematical equation that defines humanity.
Watch the full
#INETanimates
episode at
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We are in this boat together. We are facing this pandemic together.
#LearnEconAtHome
and find a tool for positive change. Stream
#Inequality101
at
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"It's kind of interesting that society still tolerates us economists, when we've made so many major errors."
@Jayati1609
explores the shortcomings of mainstream economics in the conclusion of
#FeministEconomics
Watch more
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As economic disaster looms, we turn to the experts who failed history class.
Economic historian
@RSkidelsky
explains why the past is vital to making sense of the present.
Watch more at
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Can we stop penalizing gender already?🤬
Watch episode 3 of
#FeministEconomics
with
@Jayati1609
at
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INET's
@ysi_commons
is seeking adventurous minds to join >10k members and
#LearnEconAtHome
at
Mentors like
@sanjaygreddy
@PMehrling
@stephenkinsella
@AdairTurnerUK
@julie_nelson
@rjocean
@georgesoros
are doing their part. Are you?
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🤷♀️Don't say we didn't warn you...
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The promise of globalization is built on a lie, designed to spread risk while concentrating reward.
In the latest episode of
#INETanimates
@JosephEStiglitz
digs into why so many economists & policymakers have twisted the facts.
Watch now
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How guaranteed retirement accounts can save your life.
@tghilarducci
explores the pitfalls of our current retirement system and shares some solutions so that all seniors can live with security and dignity. More
#INETanimates
at
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Can economics be a value-neutral science?
@rjocean
& Michael Sandel talk about how economics' obsession with self-interest has failed society & more:
Check out Rob's new podcast for a deeper dive on topics like this:
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Is unregulated finance killing global democracy?
@rjocean
&
@rkuttnerwrites
discuss the twin threats of right-wing populism & unencumbered financial capitalism:
Check out Rob's new podcast for a deeper dive on topics like this:
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💥It's time to pay attention to the man behind the curtain🕵️
👉👀
💪
#GenderEconomics
featuring
@NFolbre
@SSeguino6
@BraunsteinFE
@mlholder999
@DStrassmann
@mardelgiu
@marina_gorsuch
@alecasarico
@Winnie_Byanyima
@YuanfenYang
@Jayati1609
& more 🔥
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Looking for alternative, non-partisan economic perspectives? If we all learn a little more economics, we can better take collective action in service of each other & the world around us. Cut through all the noise &
#LearnEconAtHome
:
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It's been a long road & we still have a way to go—but we can do this⚡
In
#FeministEconomics
ep3
@Jayati1609
explains how despite social & cultural advances in recent years, women workers continue to serve as a reserve army of labor in the modern economy
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At least economics is inclusive.
🤭
@Jayati1609
explains why a gender perspective is critical to healthier policies, not just for women, but for everyone:
⚡️
#FeministEconomics
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Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem.
Our series with Ha-Joon Chang empowers everyone to hold their world accountable:
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There is no time like the present to get your mind ready for the future. We've got you covered with educational econ videos at We will be expanding this over time, so let us know if there are things you are thinking about or looking for!
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Women: Equality please
Policy: Let me help you right out of the workforce
🙍♀️
In
#FeministEconomics
part 4
@Jayati1609
explores the impacts of economic policy on women
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⚡️DANGER⚡️
✋FEMINIST ECONOMICS MAY BE UPSETTING
👇PROCEED WITH CAUTION
👉
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Export industrialization is broken, and it disproportionately impacts women in the Global South.
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Do you know where your shoelaces really came from?
🤔
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The COVID pandemic is not over. Just President Biden, now re-infected. Dr. Phillip Alvelda talks to
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about ongoing threats of COVID and future pandemics.
@alvelda
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How can we better prepare for financial downturns?
👉 👀
@Claudia_Sahm
delves into the lessons from past recessions and the critical role of automatic stabilizers in economic recovery.
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It's time to bust the bankers' club.
👉👀
Gerald Epstein explains who they are, and how we can take back the power to build a financial system for the people.
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What is economics for? What is it about? How should it be done? How can it be of use to us? How is it connected to morals and politics?
These are the core questions
@RSkidelsky
answers in our series "How & How NOT to Do Economics."
Streaming at
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Sanctions: To Russia with Love
👉 👀
James Galbraith flips the script on western sanctions. How has Russia adapted? Find out in our latest interview.
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Through the darkness of future past
The economist longs to see
One chants out between two worlds
Econ - learn with me.
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Your health shouldn't be someone else's wealth.
@EileenAppelbaum
@ceprdc
takes a critical look at Medicare Advantage, exposing how it falls short of its cost-saving and quality-enhancing promises, burdening taxpayers and compromising patient care.
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Why is the History of Economic Thought important?
👉👀
Goncalo Fonseca, the mastermind behind the
#HETwebsite
delves into the oft-overlooked importance of studying economics from a historical lens.
An open world of economics awaits:
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Is data more like oil🛢️ or fire🔥?
Watch the full episode at in which Dr. Chen Long of
@AlibabaGroup
@Luohan_Academy
explains why the digital age is unlike the industrial revolution in allowing for previously unimaginable increases in productivity.
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Sen. McConnell is resigning. The most important fact about his tenure? "...his status as a peerless practitioner of the dark art of money-driven politics, which served as the indispensable foundation for his hold on the Senate machinery,"
@MatthiasLalisse
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If we can measure mobility, we can raise a better society.
🚨NEW SERIES🚨with
@sndurlauf
about the
#EconomicsOfChildhood
launches today!
Learn more at 🪜
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What is intersectional political economy?
👉 👀
@NFolbre
@UMassEcon
unpacks the complex layers of social and economic inequality, advocating for a deeper understanding of intersectionality in economics.
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Jo-Anne Rolle shares her insights on how entrepreneurship and technology can empower underserved communities.
👉Watch more 👀
@NewsatMedgar
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What's the real history of
#UBI
?
👉👀
@AntonJaegermm
(
@HIW_KULeuven
) discusses his new book
#WelfareForMarkets
co-authored with
@DanielZamoraV
(
@ULBruxelles
).
9
60
538
Are stock buybacks fueling the racial wealth gap?
👉 👀
@lenorepalladino
explains how stock buybacks drive inequality, and why we desperately need a policy shift.
@umass
@PERIatUMass
@rooseveltinst
17
81
547
Healthcare matters.
Education matters.
Loan forgiveness matters.
Earned income tax credit matters.
Affirmative action mattered.
Do we care about children, or do we just care about our own children?
@sndurlauf
explains in our latest
#INETanimates
8
62
542
How did the insurance business and the United States discover they were good for one another?
@FarberHannah
(
@Columbia
) discusses her book and explains 👉👀
8
51
499
A fair start for every child? Let's make it reality.
@DarrickHamilton
explains how
#BabyBonds
are more than policy, they're an investment in human potential.
Join the movement:
@RacePowerPolicy
@thenewschool
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509
Join us as we look inside ourselves to see what kind of society we truly are, and begin to define what kind of society we hope to be:
6
43
456
There's more to
#UBI
than meets the eye...
👉👀
@DanielZamoraV
(
@ULBruxelles
) discusses his new book
#WelfareForMarkets
co-authored with
@AntonJaegermm
(
@HIW_KULeuven
)
1
45
459
"These boundaries that we create are a source of very violent and brutal inequalities in the world... these are really life and death questions."
@arjun_jayadev
on the vital importance of understanding inequality. Watch more &
#LearnEconAtHome
at
9
77
479
"OK... but why?"
🤷♀️
This is the question we ask daily at INET. We sit down with experts from around the world to find out what they think, since sometimes it's the simplest questions that have the most important answers.
👇
4
40
448
"The US incarcerates more of its own people, than any country on the planet, in any time in history."
👉👀
@geert_dhondt
@JJayEcon
discusses how the prison system has defined & redefined class divides in America.
12
86
452
How is technology reshaping our society, and what can we do to make sure these changes are positive for more than a minority?
👉👀
@baselinescene
(
@MITSloan
) discusses
#PowerAndProgress
a new book co-authored with
@DAcemogluMIT
(
@MITEcon
)
3
40
414
Is inflation just a number game or does it hold deeper societal implications?
@IsabellaMWeber
@UMass
challenges traditional economic stances on inflation & delves into the social dimensions of pricing.
8
72
432
"Life isn't fair. Deal with it."
👀
@sndurlauf
dismantles this classic argument in
#EconomicsOfChildhood
EP 2. He explains when inequality is unjust, and why people don't always get what they deserve.
Learn more at 🪜
2
32
420
The laws of capitalism have elevated the interests of the few above that of the many, but we can rewrite the code and restore balance to society.
@KatharinaPistor
shows us the way <>
15
134
437
Development is a three-step coevolutionary process, and the first step is “using what you have”
👉 👀
@yuenyuenang
examines how local actors used indigenous resources & local knowledge to kick-start entrepreneurial activities in
#EconomicsOfChina
episode 4
8
81
375
Economists HATE this one little thing...
🙊
George F. DeMartino dives into the work behind his new book "The Tragic Science" and how economics can do less harm.
👇
Watch more at:
1
40
366
"We need to figure out new ways to relate to the earth."
👉 👀
Ann Davis (
@Marist
) shares her approach to economics, in which ecological principles take center stage to reshape our relationship with the planet.
20
10
286
What’s really behind the battle over
@ElonMusk
's massive 2018
@Tesla
stock options package battle?
@WilliamLazonick
, who, together with Matt Hopkins, recently took a deep dive into this, talks to
@LynnParramore
.
5
86
425
How do we transform societal structures and pave the way to economic democracy?
👉👀
Prof. Jessica Gordon Nembhard
@AfricanaJJ
shares the history of
#SolidarityEconomics
and a look into the world beyond extractive capitalism.
8
39
371
Who are the new feudal elite?
👉👀
@AnandWrites
talks to
@rjocean
about how the titans of
#SiliconValley
use
#philanthropy
to control our lives.
4
38
362
How much do you really know about the history of modern China?
👉 👀
In episode 1, Professor
@yuenyuenang
introduces the differences in Chinese development under Mao, Deng, and Xi.
20
55
385
The critics have spoken! Meet your instructors and explore our award-winning video series at
We have more exciting projects in development this summer, so be sure to subscribe to our YouTube channel and sign up for alerts!
4
28
369
What is the real foundation for Chinese growth?
👉 👀
In
#EconomicsOFChina
Episode 2,
@yuenyuenang
rejects the popular impression that China undertook economic reforms without political reforms.
6
56
370
Who IS Friedrich Hayek?
👉👀
Bruce Caldwell (
@DukeU
) shares the fruits of several decades of research, what is often misunderstood, and what Hayek can still teach us as we confront today's challenges.
1
26
352
Rethink global economics with
@ingridharvold
@KingsCollegeLon
as she delves into the Eurocentric nature of the field and the role
#dependencytheory
could play in decolonizing it:
👉👀
2
38
366
Can we solve the inflation crisis by compensating workers? What's the real root of the issue?
👉👀
Dive in with
@NakedKeynes
as he explores solutions and dismantles decades-old economic myths.
6
28
358
What's really causing inequality in opportunities & outcomes for kids?
👉👀
@sndurlauf
@UChicago
talks about his work and the need for an interdisciplinary approach to tackle these persistent social inequities
3
31
335
How do governments accumulate such high levels of debt without constant major crises? Who is paying the price?
👉👀
@R2Rsquared
explains, & provides some context for "A Crash Course on Crises," his latest book with
@MarkusEconomist
:
1
28
344
Is China's rise a true miracle?
🤔
@yuenyuenang
@JohnsHopkins
examines the duality of China's rise, revealing that behind the dazzling growth, hide an all too familiar set of challenges.
17
50
345
Thank you🙏
In 2021 you watched 34,000,000 minutes of INET Video & we smashed records. We won
@TellyAwards
, passed 150K
@YouTube
subs,
#FeministEcon
is becoming a book w/
@UChicagoPress
& more
In 2022 we're going further
Oh—and check out our new site 👀
4
57
333
Emmanuel Saez explains how inequality is destroying our society. Instead of organizing resources for the public good, our current tax system serves the few. When wealth is consolidated, elections are bought & democracy dies. Watch more:
#LearnEconAtHome
10
193
348
When did the US become a "corporation nation"? Richard Sylla and Robert E. Wright provide a ground-breaking historical analysis of the history of the United States' "Fortune 500" going back to 1812.
3
70
371
FACT: Your IQ is dropping from repeat COVID infections. Dr. Phillip Alvelda reveals what health agencies aren’t telling the public in a discussion with
@LynnParramore
.
#COVID19
#PublicHealth
#LongCOVID
@alvelda
40
139
359
Have you heard about The Ghost Budget?
👉👀
@LJBilmes
@Kennedy_School
explains the unprecedented shift in how the wars in Iraq and Afghanistan were financed, contrasting sharply with historical norms.
5
26
317
Ever thought your car loan was set up to fail?
👉 👀
@ThomasHerndon1
@JJayEcon
investigates the dark side of consumer finance, that prioritizes profit over people.
8
41
307
Barbara Bergman's groundbreaking work in the field of feminist economics challenged conventional economic theories and emphasized the significance of power, patriarchy, and social provisioning.
👉👀
Learn more about her legacy with
@sarahfsmall
@EconUofU
23
42
314
"For the first time in decades, the United States has a plausible simulacrum of an industrial policy. The question to assess is whether and to what extent this policy has met – or will meet – any of its stated broad or narrow objectives." James K Galbraith
8
48
331
INET grantee Graciela Kaminsky (
@GWtweets
) is putting financial crisis under the microscope.
Her comprehensive historical database will help us better understand the origins of crisis, and how we might improve policy to reduce their impact.
Watch more at
0
19
300
Monetary policy is confusing, and a mess.
But what can you do?
Take
@PMehrling
's FREE course!
The Economics of Money & Banking:
4
84
335
What is economic mobility? But more importantly, mobility for who?
🤔
@sndurlauf
sets the stage in episode 1 of
#EconomicsOfChildhood
—streaming now at 🪜
2
23
292
Can you trust the experts?
👉👀
Transparency and ethics are critical. Sandra Peart
@urichmond
@JepsonSchool
explores the balance between expert advice and democratic values in policy decisions.
6
34
290
Modeling China is tricky, depending on where (and when) you look within the country, particularly given its large size and rapid changes. So, what is the constant?
👉 👀
@yuenyuenang
introduces “directed improvisation" in
#EconomicsOfChina
episode 3
7
45
285
If monetarism has taught us anything, the models aren't at fault, it's our application of them that's flawed. Perhaps we just need to do a better job of letting markets guide us? Homo Economicus explains why greed is good.
😉
11
31
273
What can be done today for a better tomorrow?
👉👀
@SandraNavidi
shares some of the lessons from her books and other recent work.
1
14
268
Jan Toporowski of
@SOASEconomics
takes on the conventional wisdom for determining Central Bank interest rates in a new INET working paper:
2
3
198
Even before COVID-19 we have been systematically failing our citizens, and these inequities will continue to make us less resilient in the face of crises until we re-evaluate our priorities.
Watch our full interview with
@AndyStern_DC
at
1
13
270
How to understand China? Prominent Chinese intellectual Wang Hui discusses his essential book, The Rise of Modern Chinese Thought, w/
@LynnParramore
@Harvard_Press
8
44
281