Institute for New Economic Thinking

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 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.

Institute for New Economic Thinking
Institute for New Economic Thinking logo.svg
FormationOctober 2009 (2009-10)
FounderJames Balsillie,
William H. Janeway,
George Soros,
Robert Johnson
TypeThink tank
Legal status501(c)(3) research and education nonprofit organization
HeadquartersNew York City, United States
FieldsMacroeconomic and Post-Keynesian theory
and policy
President
Robert Johnson
Chairman of the Governing Board
Chris Canavan
AffiliationsUniversity of Cambridge
Revenue (2017)
$6,229,081[1]
Expenses (2017)$14,841,294[1]
Websiteineteconomics.org

HistoryEdit

INET was founded with an initial pledge of $50 million from businessman and philanthropist George Soros.[2]

AffiliatesEdit

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.[3] In January 2011, the INET partnered with the Centre for International Governance Innovation to support research in economic theory and innovative projects.[4] Similar collaborations exist with the INET 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.[5]

Programs and projectsEdit

Research programs supported by INET include:

LeadershipEdit

The executive director is Robert Johnson, former managing director at the hedge funds Soros Fund Management and Moore Capital Management.[9]

See alsoEdit

ReferencesEdit

  1. ^ a b "The Institute for New Economic Thinking Inc" (PDF). 990s.foundationcenter.org. 11 December 2018. 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.
  3. ^ "About the Institute". The Cambridge-INET Institute. 2 August 2018.
  4. ^ "Partnership with the Institute for New Economic Thinking (INET)". CIGI.
  5. ^ "INET-Oxford Martin". Oxford Martin.
  6. ^ "Institute for New Economic Thinking Announces Inaugural Grants". Philanthropynewsdigest.org. Retrieved 15 February 2022.
  7. ^ Varathan, Preeti. "Should you be able to pay to join a "dwarf-tossing" game?". Qz.com. Retrieved 15 February 2022.
  8. ^ "The Human Capital and Economic opportunity Global Working Group". The University of Chicago. 27 December 2011. Retrieved 28 December 2012.
  9. ^ Irwin, Neil (29 July 2010). "A crossroads for the U.S. economy". The Washington Post. Retrieved 27 January 2011.

External linksEdit