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The Institute for New Economic Thinking (INET) is a New York City–based nonprofit think tank. It was founded in October 2009 as a result of the Great Recession, and runs a variety of affiliated programs at major universities such as the Cambridge-INET Institute at the University of Cambridge.

History

INET was founded with an initial pledge of $50 million from businessman and philanthropist George Soros.

Affiliates

The Institute has disbursed approximately $4 million annually in research grants to students and professors. The Cambridge-INET Institute (co-funded with William H. Janeway) established an advanced institute for economic thinking at the University of Cambridge, The Cambridge-INET Institute was endowed with $3.75 million grant from the Keynes Fund for Applied Economics, Isaac Newton Trust, and the University of Cambridge Faculty of Economics. In January 2011, the INET partnered with the Centre for International Governance Innovation to support research in economic theory and innovative projects. Similar collaborations exist with the INET at the Institute for New Economic Thinking at the Oxford Martin School, which was co-funded by James Martin, as well as the INET Center on Imperfect Knowledge Economics (IKE) at the University of Copenhagen.

Programs and projects

Research programs supported by INET include:

• INET Grant program to support researchers who challenge economic orthodoxy and help develop new paradigms in the discipline.
• Lecture series with economists and thinkers including Michael Sandel, William Janeway, Perry Mehrling, and others
• The Human Capital and Economic Opportunity Global Working Group, headed by James Heckman, is affiliated with the Becker Friedman Institute for Research in Economics at University of Chicago.

Leadership

The executive director is Robert Johnson, former managing director at the hedge funds Soros Fund Management and Moore Capital Management.

See also

• Economic history
• Heterodox economics
• Economic sociology
• Political economy
• History of economic thought
• Post-Keynesian economics

References

1. ^ "The Institute for New Economic Thinking Inc" (PDF). 990s.foundationcenter.org. 11 December 2018. Archived (PDF) from the original on 19 February 2022. Retrieved 26 November 2019.
2. Gates, Philip (17 October 2017). "Ten things you need to know about the Institute for New Economic Thinking and why it's heading to Edinburgh". Insider.co.uk. Archived from the original on 2 December 2020. Retrieved 23 September 2020.
3. "About the Institute". The Cambridge-INET Institute. 2 August 2018. Archived from the original on 22 September 2020. Retrieved 23 September 2020.
4. "Partnership with the Institute for New Economic Thinking (INET)". CIGI. Archived from the original on 2020-09-27. Retrieved 2020-09-23.
5. "INET-Oxford Martin". Oxford Martin. Archived from the original on 2020-09-24. Retrieved 2020-09-23.
6. "Institute for New Economic Thinking Announces Inaugural Grants". Philanthropynewsdigest.org. Archived from the original on 19 February 2022. Retrieved 15 February 2022.
7. Varathan, Preeti (25 April 2018). "Should you be able to pay to join a "dwarf-tossing" game?". Qz.com. Archived from the original on 12 April 2022. Retrieved 15 February 2022.
8. "The Human Capital and Economic opportunity Global Working Group". The University of Chicago. 27 December 2011. Archived from the original on 28 December 2023. Retrieved 28 December 2012.
9. Irwin, Neil (29 July 2010). "A crossroads for the U.S. economy". The Washington Post. Archived from the original on 11 November 2012. Retrieved 27 January 2011.

External links

• Official website
• YouTube channel - INETeconomics
• Cambridge-INET Institute
• INET at the Oxford Martin School
• INET Center on Imperfect Knowledge Economics

• Institute for New Economic Thinking
• Political and economic think tanks in the United States
• Think tanks established in 2009
• 2009 establishments in New York City
• George Soros