Columns & Interviews

Ricardo Hausmann

The Real Raw Material Of Wealth

Poor countries export raw materials such as cocoa, iron ore, and raw diamonds. Rich countries export – often to those same poor countries – more complex products such as chocolate, cars, and jewels. If poor countries want to get rich, they should … Read More

Kemal Dervis

The Great Income Divide

Thomas Piketty’s book Capital in the Twenty-First Century has captured the world’s attention, putting the relationship between capital accumulation and inequality at the center of economic debate. What makes Piketty’s argument so special is his … Read More

Michael Roth

Why We Need A European Solidarity Union

Europe is heaven on earth, the promised land, as soon as you look at it from the outside. [...] Europe appears in a different light, but always as paradise, as a dream of mankind, as a stronghold of peace, prosperity and civilisation. Here, Wim … Read More

Adair Turner

Why Global Trade Might Become Less Important

Since 2008, global trade has grown slightly more slowly than global GDP. The Doha Round of World Trade Organization negotiations ended in failure. Transatlantic and transpacific trade negotiations are progressing slowly, held back by the resistance … Read More

Blogs

Simon Wren-Lewis

If Minimum Wages, Why Not Maximum Wages?

I was in a gathering of academics the other day, and we were discussing minimum wages. The debate moved on to increasing inequality, and the difficulty of doing anything about it. I said why not have a maximum wage? To say that the idea was greeted … Read More

Henning Meyer

How Money And Credit Work

Do you think that in recent years, as a result of the global economic crisis, the whole discussion about public policy has become increasingly focussed on economics? And that much of the policy discussion is based on core concepts that are quite … Read More

News & Events

Robert Reich

The Politics And Economics Of Inequality

Robert Reich has recently given an inspiring lecture at the Aspen Ideas Festival. This is the Aspen Institue's description of the lecture: Some inequality of income and wealth is inevitable, if not necessary. If an economy is to function well, … Read More

Robert Polin

Community Banking Without Wall Street

In this very interesting interview with the Real News Network Robert Polin, Professor of Economics at the University of Massachusetts Amherst, explains what the US Fed could do to strengthen local communities 5 years after the Great Recession … Read More

Noam Chomsky

How I Became A Political Person

David Held, Master of University College Durham, talks to Noam Chomsky about his personal development and how he became a political person. How did a linguistics professor become an outspoken political critic and one of the most iconic public … Read More