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Institute for New Economic Thinking

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Bruce Caldwell Joined the Advisory Board of the Institute for New Economic Thinking

New York, NY, October 06, 2010 --( The Institute for New Economic Thinking (INET) has appointed Bruce Caldwell, Research Professor of Economics and the Director of the Center for the History of Political Economy at Duke University, to its advisory board, which also includes five Nobel Prize winners.

Currently the General Editor of The Collected Works of F.A. Hayek, Professor Caldwell is a distinguished author whose publications include Beyond Positivism: Economic Methodology in the 20th Century and the intellectual biography of Hayek, Hayek's Challenge. Caldwell has held research fellowships at New York University, Cambridge University, and the London School of Economics, and is the former the President of the History of Economics Society, Executive Director of the International Network for Economic Method, and a Life Member of Clare Hall, Cambridge. In 2011 Caldwell will begin serving as President of the Southern Economic Association.

“As a historian and educator, it is so exciting to engage with a team of thinkers that shares a commitment to challenging current paradigms and recognizes the role history plays in building a better future,” commented Bruce Caldwell. “It is an honor to join INET’s growing community of economists, policy makers, and scholars, and I am dedicated to supporting the Institute’s emphasis on widening the discourse about the practice of economics.”

“As one of the foremost scholars exploring the history of economics, Professor Caldwell’s insights and perspectives provide the Institute with a critical resource in our efforts to apply lessons of the past in creating reform for the future,” commented Dr. Robert Johnson, Executive Director of INET. “His presentation at our Inaugural Conference on Hayek, Keynes, and their relevance today, demonstrated the importance of applying history to new thinking in economics, and we are immensely pleased that he has joined our Board.”

Professor Caldwell’s presentation on the panel: “1930 and the Challenge of the Depression for Economic Thinking” at INET’s Inaugural Conference, held at King’s College, Cambridge University, can be viewed on the INET website.

About the Institute for New Economic Thinking:
Launched in October 2009 with a $50 million pledge from George Soros, the Institute for New Economic Thinking promotes changes in economic theory and practice through conferences, grants and education initiatives. The Institute embraces the professional responsibility to think beyond the inadequate methods and models of the world’s financial infrastructures and will support the creation of new paradigms in the understanding of economic processes. For more information please visit

Contact Information
Institute for New Economic Thinking
Bill Fallon
212 925 6900

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