Macroeconomic Theory

    Governments turn to macroeconomic theory to help shape policies to manage instability. Current theories do not adequately support our policy needs. Credit markets, income, and employment are all inherently unstable. We need better theory to help us design better institutions and better policies.

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    A Turbulent Capitalist Economy: The vision of Anwar Shaikh

    In a recent interview at the INET offices in New York, Anwar Shaikh provided a background to the work and his life in this quest. Watch the video

    The Four Horsemen of the Econopocalypse

    If standard economic theory can’t explain a traffic jam, how can it cope with crises? Watch the video