The Institute for New Economic Thinking

The video discusses the Institute for New Economic Thinking's responsibility to generate innovative economic ideas. It highlights the dual nature of innovation as both exciting and disruptive, emphasizing the importance of community support in nurturing new and controversial ideas. The ultimate goal is to foster a better understanding of the world and improve conditions for humanity.

What is the burden associated with the name 'Institute for New Economic Thinking'?

How does innovation generate excitement and fear according to the text?

What role does community play in bringing forth new ideas?

What are the characteristics of new and controversial ideas mentioned in the text?

In what ways can new economic thinking contribute to the betterment of humankind?