As artificial intelligence reshapes our economy, policymakers must act swiftly to prevent a winner-take-all scenario in the rapidly evolving market for AI foundation models.
The decisions we make now about the governance of AI will have profound implications for the future of our economy and society.
Economics can either fuel conflict or pave the way to lasting peace, the choice is ours.
INET is very happy to congratulate this year’s winners of the Nobel Prize in Economics: Daron Acemoglu, Simon Johnson, and James Robinson.
INET has supported some of the past research of Johnson and Robinson and we will look with great interest at what the trio may produce in the future. We are also very happy to see that work in economic history is specifically cited in the award.
Author and Jungian analyst Steven Herrmann discusses the concept of "spiritual democracy" as explored in the writings of American poets like Walt Whitman, Herman Melville, and Emily Dickinson.
Summary:
A discussion between Rob Johnson and Steven Herrmann, an author and Jungian analyst, on the concept of "spiritual democracy" as explored in Herman's work and the writings of American poets like Walt Whitman, Herman Melville, and Emily Dickinson. Key points include:
In a fresh release from INET’s book series with Cambridge University Press, renowned German economic historian Carl-Ludwig Holtfrerich uncovers the startling truth behind German currency reform usually hailed as the foundation of the post-war German economic miracle: Ludwig Erhard, who cooperated with the Nazis, unjustly claimed the spotlight, overshadowing the real architect, Edward Tenenbaum.
If we want durable peace, we need to look for more than just economic expansion.
The biggest factor in accounting for the strength in the economy is the continuing importance of the wealth effect in sustaining consumption by the affluent.
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