| Institute for New Economic Thinking | |
| Founder: | James Balsillie, William H. Janeway, George Soros, Robert Johnson |
| Type: | Think tank |
| Status: | 501(c)(3) research and education nonprofit organization |
| Headquarters: | New York City, United States |
| Fields: | Macroeconomic and Post-Keynesian theory and policy |
| Leader Title: | President |
| Leader Name: | Robert Johnson |
| Leader Title2: | Chairman of the Governing Board |
| Leader Name2: | Rohinton P. Medhora |
| Affiliations: | University of Cambridge |
| Revenue: | $6,229,081[1] |
| Revenue Year: | 2017 |
| Expenses: | $14,841,294 |
| Expenses Year: | 2017 |
The Institute for New Economic Thinking (INET) is a New York City–based nonprofit think tank. It was founded in October 2009 as a result of the Great Recession, and runs a variety of affiliated programs at major universities such as the Cambridge-INET Institute at the University of Cambridge.
INET was founded with an initial pledge of $50 million from businessman and philanthropist George Soros.[2]
The Institute has disbursed approximately $4 million annually in research grants to students and professors. The Cambridge-INET Institute (co-funded with William H. Janeway) established an advanced institute for economic thinking at the University of Cambridge, The Cambridge-INET Institute was endowed with $3.75 million grant from the Keynes Fund for Applied Economics, Isaac Newton Trust, and the University of Cambridge Faculty of Economics.[3] In January 2011, the INET partnered with the Centre for International Governance Innovation to support research in economic theory and innovative projects.[4] Similar collaborations exist with the INET at the Institute for New Economic Thinking at the Oxford Martin School, which was co-funded by James Martin, as well as the INET Center on Imperfect Knowledge Economics (IKE) at the University of Copenhagen.[5]
Research programs supported by INET include:
The executive director is Robert Johnson, former managing director at the hedge funds Soros Fund Management and Moore Capital Management.[9]