Although recently popularised in America, the Green New Deal (GND) was actually born during the early days of the 2007/8 financial crisis, in a small flat in London. The owner of the flat was analyst and foreseer of the crisis, Ann Pettifor; the occasion was a get-together of environmentalists and economists who had convened to draft a plan they hoped would both ‘transform the economy and protect the ecosystem’. Unfortunately for the London attendees, the prevailing political currents post crash proved especially hostile toward their idea, and prioritised, instead, principles of fiscal discipline and austerity, while largely sidelining issues of climate. And as long as such consensus reigned, the nascent GND was forced to lie dormant, far from political discourse.

In the early hours of the 21st of August 1991, a putsch in the Soviet Union against Mikhail Gorbachev failed, leaving three men dead and the country in a state of shock. The coup had been staged by members of the Soviet government who had taken issue with Gorbachev’s liberalising, democratising reforms, which he had been slowly putting into place over the previous few years. Those who had planned the attack then fled, and were all taken into custody within three days.

Brexit may have created a great deal of anxiety and business uncertainty, yet the UK is enjoying a golden period of employment. With more people in jobs and less out of work jobseekers, the UK is experiencing record employment levels not seen for decades. Some of this achievement is down to a job boom in the north of England and in the two biggest Scottish cities.

Rising year on year, seemingly irrespective of company performance, US executive pay is eye-watering. For decades now, its increase - the small blip following the financial crisis aside - has been rapid. As their wallets have bulged, however, CEOs’ standing in the public eye, has fallen precipitously - plotted on a graph the relationship between the two would make a big X. And this is a significant shift. It wasn't long ago that the American entrepreneur was heralded as an almost mythical figure: the embodiment of all that was good about the country; the opportunity it afforded; the work ethic it rewarded; the fact that with the right attitude anything was possible. They were the American Dream in action; evidence that it could be made real.

Rotterdam is a funky, modern city in the southern part of the Netherlands, taking less than an hour to travel to by train from the capital Amsterdam. Although Amsterdam might be the more famous tourist destination to those outside of Europe, Rotterdam has an edgy, exciting quality which makes it a highly desirable location for people to study.

Parliamentary Research Administrator, Alexandre Mathis, kindly sat down with INOMICS to discuss his work and call for applications from economists to help advise on the EU Budget. Alexandre explained to us in more detail what he does and what exactly it is the European Parliament is looking for.

If you've got a conference coming up that you want to attend, you'll know that there are lots of costs associated with a trip. You'll need to pay for travel and accommodation as well as the cost of conference attendance, which can all add up to a large amount of cash. Often, your department will pay for conference trips, but what if you run out of travel budget, or you don't have this option? In that case, you might want to consider applying for a conference scholarship. These are awards of money given to fund travel and attendance at a conference, usually for students or early career researchers. Often these scholarships will require that you're actually presenting at a conference, but not always - some have different criteria, such as where you are a resident and whether or not you're a student. In any case, there are large databases available to find scholarships for conference; here is a short list to get you started.

While pursuing a graduate degree is undeniably interesting and challenging, tuition fees and other costs associated with studying have been getting higher and higher over the last decade. This has lead to plenty of students questioning whether the expense in terms of time and money that they will have to put into obtaining a graduate degree is worth it. In a difficult job market, students are less willing to take on large debts to finance their study unless they can be reasonably sure that they will get a well-paying job at the end of it.

Given the highly competitive nature of funding opportunities and the ever-increasing cost of higher education, a part-time job is seemingly an unavoidable part of the student experience. Whether it be to earn some more money to put towards tuition fees, or the cost of living expenses or even having a little aside for entertainment and leisure activities, students find themselves increasingly obliged to find a part-time job whilst at university.

Whether you’re still a student, a recent graduate, or already years into your career, mastering the art of cover letter writing is useful at every level. In one form or another, cover letters are a required component of applications to jobs, study programs, conferences, scholarships and many other important opportunities along your career path.

Economics has a gender problem, it always has, and unfortunately, it appears to be getting worse. Until recently, the impression was that this historically male-dominated discipline was turning a corner—albeit rather slowly—and the number of women studying economics was creeping upwards. That progress, however, looks to have stalled, and by some accounts, including that of the Australian Department of Education, actually gone into reverse. All the while, the number of women in the STEM fields (Science, Technology, Engineering, and Maths)—long notorious for their poor gender ratios—has been steadily increasing. It looks as though the ‘old boys’ club’ of economics might be closing ranks.

Sandwiched snugly between generations X and Z, Millennials, it's fair to say, have had it tough. Entering the workforce around the time of the Great Recession and now enduring the disorienting forces of the so-called fourth industrial revolution (also known as Industry 4.0), their world has been one of constant flux. History is accelerating faster than ever and technological progress in some areas is exponential, rapidly changing the face of work. And yet, with the possibility of abundance now a reality, Millennials are experiencing their economic opportunities reduce, many privileges enjoyed by their baby-booming forbears – improving living standards, home ownership etc. – increasingly out of reach.

In its short and controversial history, neoconservatism has changed America. For almost 60 years, the ideology has variously been embraced and rejected; celebrated for its patriotism and commitment to democracy; and disdained for it hawkish arrogance and imperialistic tendencies. It has simultaneously proven uniquely divisive, while also unifying people across party lines. Quite simply, recent American political history cannot be made sense of without an understanding of neoconservatism; such has been its influence.

The history of economic growth, the kind to which we are now accustomed, is inseparably intertwined with the discovery, and then plunder, of fossil fuels. Some historians have even argued their unearthing was its main catalyst, relegating more popular theories of free trade and technological innovation. The argument is seductively simple, and although something of an exaggeration, usefully highlights the strong connection between the two – for in tandem, they radically altered the course of human civilisation.

In 2018, the World Meteorological Organization published its statement on the State of the Climate. The report showed that the 20 warmest years on record have occurred in the last 22 years. In the same year, the State of California’s Energy Commission published a report linking changing atmospheric conditions due to global warming as a direct cause of the devastating forest fires that swept through California, burning nearly 1.9 million acres’ of land and costing more than US$3.5 billion of damages.

Esteemed economist, Princeton Professor, and friend of INOMICS, Esteban Rossi-Hansberg, generously took time out of his busy schedule to take part in the second INOMICS Handbook Questionnaire. Opposite him, in his customary role of quizmaster, was Professor Marcel Fratzscher, president of the DIW Berlin, and one of Germany’s leading voices in macroeconomics. Keeping with tradition, and as a nod to the heavyweight reputations of those involved, we dubbed the encounter ‘Fratzscher v Rossi-Hansberg’. What played out proved illuminating and often personal, the dialogue shedding light on the inner workings of the mystery that is the ‘economist’s mind’. For anyone even loosely connected to economics the following conversation will make an interesting read.

Situated in the oldest city of the Netherlands, Nijmegen, Radboud University has firmly established itself as one of the country’s most reputable institutions of higher education. Offering programmes across the academic spectrum, its MSc in Economics, in particular, is attracting students from all over the world.

You know that there are a ton of career prospects open to someone who has studied economics, spanning from academia and the finance industry, all the way to management consulting. A big advantage of studying economics is that it gives you a skill set which is applicable and transferrable to many different fields. One particular area of work open to economists is the non-profit sector. Many are drawn to this sector for social reasons; the desire to make a positive impact on the world. It is a highly admirable area to work in, and something that we at INOMICS massively endorse! So, what kind of non-profit jobs are actually available to economists? Here are our suggestions that may be applicable to you.

Automation will transform our world; there is no doubt about it. Quite how, though, is highly contested – whether optimist or pessimist, there are predictions to match every predilection. Newspapers alternately run articles speculating a work-free, post-capitalist future filled with armchair philosophising, with forecasts of a world ravaged by inequality in which robots tend to the mega-rich, and everyone else is cast onto the scrap heap to contemplate what-on-earth went wrong. Little, it appears, exists in the in-between.

If you're an economist looking for the very best think tanks and research institutes in Europe, look no further, you're in the right place. Here's our top ten list to help you out: