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.

"INET" redirects here. For similar uses, see Inet (disambiguation).
Institute for New Economic Thinking
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

History

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

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.[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 projects

Research programs supported by INET include:

Leadership

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

See also

References
  1. "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.
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