Potential Prize for Great Work in Economic History

The Institute for New Economic Thinking aims to revitalize economic history by applying economic methods to historical events and using narrative history for better understanding. Inspired by Charles Kindleberger, known for his impressionistic approach, the Institute considers creating a prize to honor significant works in economic history, highlighting its commitment to supporting this underrepresented field.

What is one of the main missions of the Institute for New Economic Thinking?

• To publish economic journals

• To provide financial support to economists

• To invigorate the field of economic history

• To develop new economic theories

Which approach did Charles Kindleberger use in his economic studies?

• Deductive and analytical

• Mathematical and statistical

• Impressionistic and inductive

• Experimental and empirical

Who inspired the speaker to become an economist?

• John Maynard Keynes

• Adam Smith

• Milton Friedman

• Charles Kindleberger

What is the purpose of the proposed prize by the Institute?

• To support young economists

• To honor significant works in economic history

• To fund new economic research

• To promote global economic policies

What does the Institute aim to demonstrate by creating a prize?

• Their focus on global economic issues

• Their interest in modern economic theories

• Their dedication to economic policy development

• Their commitment to economic history and narrative