5 Lessons from the End of the Larry Summers Era

Summers鈥� influence was immense, but so were his blind spots. It鈥檚 time for economics that values people and the planet over power and prestige.

By Lynn Parramore

Working Papers

Investigations into the possible effects of the fiscal consolidations required under the new European fiscal rules on Italy鈥檚 debt-to-GDP ratio find that the new governance framework may lead to the pro-cyclical tightening, weaker growth and adverse debt dynamics that characterized earlier phases of EU fiscal governance.

By Claudia Ciccone

The argument that free trade is always the correct policy is based on a flawed welfare analysis. Free trade results in winners and losers and economists are not competent to analyze the impact on well-being as a whole or the spillover social consequences of the discontent of the losers.

By Mark Glick and Gabriel Lozada

INET鈥檚 new data archive of historical political finance records at the National Archives marks a major step toward filling this factual void. This INET Working Paper outlines what users need to know to navigate the archive effectively and locate the data they require.

By Thomas Ferguson

This paper argues that (i) we have reached 鈥減eak GenAI鈥� in terms of current Large Language Models (LLMs); scaling (building more data centers and using more chips) will not take us further to the goal of 鈥淎rtificial General Intelligence鈥� (AGI); returns are diminishing rapidly; (ii) the AI-LLM industry and the larger U.S. economy are experiencing a speculative bubble, which is about to burst.

By Servaas Storm

This paper examines the World Bank鈥檚 protracted and conflicted attempts at shareholding reform from 2008 to the present, situating them within the broader context of multipolarity and intensifying geopolitical rivalries.

By Jakob Vestergaard and Robert Wade

How women economists expand orientations and perspectives that can transform economics into a pluralistic, critically engaged, and socially responsive discipline.

By Mohsen Javdani

Webinars and Events

Dec 08, 2025

Webinars and Events

LEPC VII: Growth Strategy in the States

LEPC VII will bring together leading thinkers, practitioners, and policymakers to analyze the drivers behind this sub national success, and to chart actionable pathways for the future. Each session outlined explores a foundational dimension of India鈥檚 growth story, with attention to both policy diagnosis and on-the-ground innovation.

Dec 02, 2025

Webinars and Events

International Conference on Digitalisation, Market and Society 鈥�

International Conference on Digitalisation, Market and Society is a cross-disciplinary plenary on how digital transformation is altering work, gender norms, and social institutions—and how society can respond inclusively.

Jul 24, 2025

Webinars and Events

Monsoon School on Inequality 2025

The focus of this year鈥檚 monsoon school is on pluralistic approaches to research on inequality, bringing together perspectives from varied streams of economic thought. It will provide an interactive platform for advanced-level PhD students, postdoctoral researchers, and scholars affiliated with Indian research institutes to engage with diverse concepts, debates, and methodologies related to inequality.

Jul 14, 2025

Webinars and Events

The Political Economy of Ecological Change and Economic Security in the Global South

The urgency of the climate crisis cannot be overstated, particularly given its disproportionate impact on vulnerable communities in the Global South.

May 31, 2025

Webinars and Events

The End of Globalization? With Paul Krugman

Four months of the Trump presidency have already changed the world as we knew it. How did we get here? What consequences have the tariffs had and will have? How will U.S.-European trade relations evolve? What about the confrontation with China?

Apr 10, 2025

Webinars and Events

Trump, Tariffs, and the World Crisis

with THOMAS FERGUSON, RESEARCH DIRECTOR, INET

YSI projects are collaboratively organized by members of the community to explore topics in new economic thinking. Projects may be held virtually (discussions, webinars, reading groups) or in person (workshops, pre-conferences). Learn more about YSI

To view projects further into the future, visit the .