About the organisation

“Economists and finance professionals still promote free market fundamentalism, shrinking from drawing even obvious conclusions about the dangers of unfettered markets. Fiscal austerity and deficit reduction continue to be watchwords of both policymakers and theorists, even as global inequality increases exponentially and unemployment equals or exceeds levels of the Great Depression in many countries. Politics chokes reforms that could bring growth and relief to millions, while the many challenges of sustainable development and environmentally friendly innovation are brushed aside. Neoclassical economics fails to address these challenges, but the resistance to change is substantial — both inside the discipline and in the world at large.”

What you can find on their site

The site of The Institute for New Economic Thinking has a lot to offer:

• A blog section where a range of people actively post articles
• About 20 working groups, including on the topics ‘states and markets‘, ‘cooperatives‘ and ‘philosophy and economics‘
• A member directory which you can search on research interest, working group membership, city, and country
• An event calendar which is filled with many activities
• A catalog of free online classes and video series that offer students and faculty alternative views on economic problems. This is clearly still in development – it contains just 6 items
• Information on the Institute curricula projects, which “support course materials that expand the domain of economics as a discipline, critically examining the conceptual foundations of existing approaches and recentering human well-being within the discipline.”
• A working paper series for researchers, in which already more than 300 papers have been included

Sneak preview

A video on their ‘Young Scholars Initiative’: