INTERECONOMICS, Vol 53, No.3 May/June 2018

A New Economic Paradigm

Previous issues of Intereconomics

Forum: A New Economic Paradigm

The financial crisis of 2008-09 may have occurred a decade ago, but we are still dealing with the repercussions today, including a global populism wave. The crisis has also led to the demise of economists’ unwavering belief in market efficiency that had guided economic policy for decades. Marcel Fratzscher, Moritz Schularick, Ottmar Edenhofer, Simon Tilford and Sebastian Dullien are among the many prominent economists in this Forum arguing that a new paradigm is urgently needed with new policies to address today’s pressing issues, such as growing inequality, climate change and rising trade protectionism.

Forum: Paradigm Shifts in Economic Theory and Policy
By Laurie Laybourn-Langton and Michael Jacobs

Forum: Shifting Views on Trade Liberalisation: Beyond Indiscriminate Applause
By Sebastian Dullien

Forum: Shifting Paradigms in Carbon Pricing
By Brigitte Knopf, Kerstin Burghaus, Christian Flachsland, Michael Jakob, Nicolas Koch, Ottmar Edenhofer

Forum: A New Paradigm for Fiscal Policy?
By Xavier Ragot

Forum: Paradigm Shift in the Eurozone? The Market-Based Convergence Rationale
By Simon Tilford, Christian Odendahl

Forum: On Current Account Imbalances
By Gustav A. Horn

Forum: Myths and Facts About Inequality
By Marcel Fratzscher

Editorial: Out With the Old, In With the New
By Thomas Fricke

Letter from America: The Federal Job Guarantee
By William Darity Jr., Darrick Hamilton