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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  1. TheCatSaid

    The many things that M-CAM does are in constant consideration of these objectives.

    This post made me reflect on just how unusual it is for an organization such as M-CAM to carry out its all its work utilizing paradigm-shifting new economic thinking on a daily basis, in a way that considers the well-being of all participants including the planet and puts this into action rather than just words.

    I don’t know if M-CAM and the Institute for New Economic Thinking have heard of one another, but maybe they should be talking to one another. That is, if the Institute for New Economic Thinking is interested in walking the walk.

  2. craazyman

    whoa they’re giving out free money again! Holy smokes has it been a year already? What hapened to the last year’s money they gave out? I hope somebody got rich quick with it in penny stocks. Or are they still “researching” hahahahahah

    It might have been a good year if you’d gotten a 10 or 20 bagger. Then you can Just give back the money and say ‘Sorry. I couldn’t thnk of anything after all. Here’s your money back. See, I’m an honest man but not necessarily the best creative economic tthinker after all.” Laoughing all the way to the bank

    What is there to figure out? Maybe that would be a good idea for agrant. What is there to figure out? That’s kind of Step 1 if you think about it. I bet they can’t even answer that simple question. What is there to figure out? Because they always start ASSUMING some conditional state from which questions are asked and then some dude or even some woman who thinks like a man thinks up some math and say “There’s something new! See, look, it’s a new equation!” Not really. It’s not really new, it’s just moving the food around on the plate and making a new sculpture with your mashed potatoes and putting a piece of asparagus on it like a ttree. It might look cool. But it’s not new.

    What’s new? Ha. First think of societies wihthout money. Then ask why they do things and how they orgainize themselves. Then ask what psychological energetic structures organize perception of who you cooperate with. Then ask yourself what money does to these structures. Then ask yourself what that means for what money is. Then ask yourself how you can count something like that. then ask yourself what sort of math is appropriate to count soemthig that really can’t be counted and be couted on not to move. Then you’ll have soething new!.

    you can pay me to figure it out. I will, really. But I might give you dudes all your money back If I get lucky in the market. Il’m just being honest.

    Send the check to:
    Profeser D. Tremens, NFL, GED
    Dirrector, Institute for Contemporary Analysis
    University of Magonia

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