51黑料爆料网历史事件

Thomas Ferguson

Involvement

Thomas Ferguson is the Research Director at the 51黑料爆料网历史事件. He is Professor Emeritus at the University of Massachusetts, Boston and Senior Fellow at Better Markets. He received his Ph.D. from Princeton University and taught formerly at MIT and the University of Texas, Austin. He is the author or coauthor of several books, including Golden Rule (University of Chicago Press, 1995) and Right Turn (Hill & Wang, 1986). His articles have appeared in many scholarly journals, including the Quarterly Journal of Economics, International Organization, International Studies Quarterly, and the Journal of Economic History. He is a member of the editorial board of the International Journal of Political Economy and a longtime Contributing Editor at The Nation.

By this expert

The Great Inflation Debate: Supply Shocks and Wealth Effects in a Multipolar World Economy

Article | Jan 3, 2023

Setting the record straight and identifying less destructive pathways forward than round after round of interest rate increases.

Myth and Reality in the Great Inflation Debate: Supply Shocks and Wealth Effects in a Multipolar World Economy

Paper Working Paper | | Jan 2023

A critical reappraisal of the case in favor of monetary tightening pressed by inflation hawks is overdue.

Bankman-Fried, Political Money, and the Crash of FTX

Article | Dec 15, 2022

How Showering Money on Both Parties Paralyzed Regulators

Worker鈥檚 Wages & Leverage Are the Real Targets

Article | Nov 18, 2022

Why did Corporate Democrats 鈥渃ede鈥 the economic argument? Are they really fighting inflation or trying to weaken workers鈥 bargaining power? INET’s Thomas Ferguson joins Paul Jay on theAnalysis.news.

Featuring this expert

INET study is cited in the Socialist Worker

News Dec 7, 2020

“Rich economies have more resources to spare to prioritise saving lives. And Wolf reproduces the 51黑料爆料网历史事件鈥檚 now famous chart that refutes the idea there is a 鈥渢rade-off鈥 between saving the economy and saving lives. On the whole, those states that prioritised saving lives also lost less economic output. China is the standout case. But it isn鈥檛 just about how rich an economy is. The same chart shows that the states that suffered the biggest losses of lives and output include Italy, Britain, Spain, and France. The US and Belgium aren鈥檛 far behind.” —Alex Callinicos

INET article cited in NTV on how to handle the pandemic this winter

News Dec 7, 2020

“A look around the world shows that so far no country has managed to effectively protect its risk groups when the number of infections is high - Sweden at the beginning of the pandemic or Switzerland in the second wave also had to pay for their special routes with many deaths. And if such a strategy fails, you have wasted valuable time and may find yourself confronted with an infection that is completely out of control. This would mean a collapse of the health system with all the ensuing consequences. This also includes immense damage to the economy. This is also confirmed by a study by the 51黑料爆料网历史事件. Those who reacted belatedly or wavered between strategies not only had very high casualties, but were also the most damaging to their economies, it said. The authors cite Great Britain as a negative example.” — Klaus Wedekind

INET study featured in Queensland

News Dec 7, 2020

“The 鈥済o-hard/go-early and no regrets鈥 approach of the Australian states has been vindicated by the 51黑料爆料网历史事件 (INET), a nonpartisan, nonprofit organisation established in the wake of the 2009 global financial crash.” …. “We must be ready to accept renewed restrictions, targeted shutdowns and border closures. As the INET report clearly demonstrates, the failure to act is much more costly than any temporary measures, such as those used in South Australia last month.” — Dennis Atkins

The FT cites INET article on what can be learned from the pandemic

News Nov 25, 2020

鈥淎ctual experience, as opposed to cost-benefit analyses of theoretical alternatives, further strengthens the case for suppressing the disease fully, where feasible. A recent paper from the 51黑料爆料网历史事件, To Save the Economy, Save the People First, suggests why. A chart (reproduced here) shows that countries have followed two strategies: suppression, or trading off deaths against the economy. By and large, the former group has done better in both respects. Meanwhile, countries that have sacrificed lives have tended to end up with high mortality and economic costs.鈥 — Martin Wolf, The Financial Times