The Institute for New Economic Thinking (INET) is a

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

–based nonprofit

think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-govern ...

. It was founded in October 2009 as a result of the 2007–2012 global financial crisis, and runs a variety of affiliated programs at major universities such as the Cambridge-INET Institute at the

University of Cambridge , mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Schola ...

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

, The Cambridge-INET Institute was endowed with $3.75 million grant from the Keynes Fund for Applied Economics, Isaac Newton Trust, and the

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

Oxford Martin School The Oxford Martin School is a research and policy unit based in the Social Sciences Division of the University of Oxford. It was founded in June 2005 as the James Martin 21st Century School and is located in the original building of the Indian ...

, which was co-funded by James Martin, as well as the INET Center on Imperfect Knowledge Economics (IKE) at the

University of Copenhagen The University of Copenhagen ( da, Københavns Universitet, KU) is a prestigious public university, public research university in Copenhagen, Copenhagen, Denmark. Founded in 1479, the University of Copenhagen is the second-oldest university in ...

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 William Hall "Bill" Janeway CBE (born May 3, 1943) is an American venture capitalist and economist. His work on the innovation economy emphasizes the strategic role played by the state and by financial speculators. Early life and education Bill ...

, 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 The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the b ...

Leadership

The executive director is

Robert Johnson Robert Leroy Johnson (May 8, 1911August 16, 1938) was an American blues musician and songwriter. His landmark recordings in 1936 and 1937 display a combination of singing, guitar skills, and songwriting talent that has influenced later generati ...

, former managing director at the

hedge funds A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as ...

Soros Fund Management and

Moore Capital Management Moore Capital Management LP (MCM) is a New York-based, global investment management firm headquartered in New York, New York.Economic history Economic history is the academic learning of economies or economic events of the past. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and i ...

Heterodox economics Heterodox economics is any economic thought or theory that contrasts with orthodox schools of economic thought, or that may be beyond neoclassical economics.Frederic S. Lee, 2008. "heterodox economics," '' The New Palgrave Dictionary of Economic ...

* Economic sociology *

Political economy Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour ...

History of economic thought History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well ...

* Post-Keynesian economics

References

External links

* {{official website
YouTube channel - INETeconomics

Cambridge-INET Institute

INET at the Oxford Martin School

INET Center on Imperfect Knowledge Economics
Political and economic think tanks in the United States Think tanks established in 2009 2009 establishments in New York City George Soros