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INET - The Institute for New Economic Thinking


The Institute for New Economic Thinking (INET) was created by Jim Balsillie, William Janeway, and George Soros to broaden and accelerate the development of new economic thinking that can lead to solutions for the great challenges of the 21st century. The current President is Robert Johnson. INET's mission is to nurture a global community of next-generation economic leaders, to provoke and to inspire the economics profession to engage the challenges of the 21st century.

The havoc wrought by the recent global financial crisis has vividly demonstrated the deficiencies in the outdated current economic theories, and shown the need for new economic thinking – right now.

The Institute is supporting this fundamental shift in economic thinking through research funding, community building, and spreading the word about the need for change. INET is already a global community of thousands of new economic thinkers, ranging from Nobel Prize winning economists to teachers and students who have emerged out from the shadows of prevailing economic thought, attracted by the promise of a free and open economic discourse.

The Institute for New Economic Thinking is constantly devising ways to support the next generation of economics scholars, by providing money, advice, access to like-minded individuals and new outlets for their ideas, including the widespread use of web video and social media.