Institute for New Economic Thinking Announces 6th Grant Round

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Institute for New Economic Thinking Announces 6th Grant Round

The Institute for New Economic Thinking announced a call for proposals for research grants of up to $250,000.

The Institute encourages applicants to examine critically the conceptual foundations of extant theoretical or empirical approaches to the problems that they propose to examine. Applications need to identify specific shortcomings in extant approaches and, more importantly, propose how these can be remedied in the proposed research.

In addition, the Institute is seeking to fund projects that promise to advance the way economics is taught in and out of formal courses in economics. Preference will be given to projects promising lasting improvements in course materials and pedagogy that could potentially be widely adopted, rather than seminars or courses offered on a one-off basis dependent on continued outside funding.

This is the Institute’s sixth grant round. The deadline for the first stage of applications is Oct. 20. For guidance on how to prepare an application for either type of grant, see here. Note that efficient use of resources is a factor in the evaluation process.

The Institute seeks new insights into economics, rather than incremental advances in standard subject areas. In particular, the Institute welcomes applications that promise to change the way economists determine what evidence is relevant; what questions can be asked with regard to this evidence; preconceptions and axioms that underlie both theories and the evidence observed; what empirical investigations should be conducted to seek answers to these questions; and how the results of these experiments and investigations should be interpreted.

In addition, applications need not rely only on formal economic analysis and econometrics. The Institute welcomes applications that seek to expand the domain of economics as a discipline, particularly contributions that put human wellbeing and flourishing at the center of the discipline. This may involve exploring the boundaries between economics and the other social and natural sciences, as well as the humanities. The Institute also believes that economic history and the history of economic thought are of great value to understanding both theory and policy and welcomes applications that approach the past in this spirit. The Institute encourages imaginative quantitative studies that use event analysis and other tools to integrate broader political and cultural developments with economics, but it also is open to narrative and archivally based research that draws on theoretical insights and empirical findings from the history of economic thought, economic and social history, psychology, political science, sociology, and anthropology.

As stated above, the deadline for the first stage of the application process is Monday, October 20. For additional information please go here:

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