The Institute for New Economic Thinking Announced That It is Now Accepting Research Proposals for Its Spring 2011 Grant Program

New York, NY, February 07, 2011 --(PR.com)-- The Institute for New Economic Thinking (INET), launched with a $50 million pledge from George Soros to promote changes in economic theory and practice through conferences, research grants and education initiatives, has announced that it is now accepting research proposals for its spring 2011 Grant Program.

INET seeks to create an environment nourished by open discourse and empower the next generation of scholars with the necessary support to accelerate and advance new and important thinking on economic issues. Accordingly, INET plans to award grants ranging in value from $25,000-$250,000 in this round. Grants will be awarded primarily to individuals or teams of individuals affiliated with academic institutions, think tanks and other centers of vital research worldwide. INET encourages scholars from outside the United States and Europe as well as in related fields such as political science, sociology, history and the physical sciences to submit grant proposals.

While INET will give due consideration to any proposal which is consistent with its mission of furthering new economic thinking, it is particularly interested in research emphasizing any of the following areas:

Sources and remedies of financial instability
Institutional design for radical (Knightian) uncertainty
Political economy of the state and public goods provision
Political economy of income and wealth distribution
Corporate governance in an age of economic globalization
Human capability and economic development

Grant proposals are due by March 5, 2011 and should be no longer than six pages in length. A research jury will review first stage applications and issue invitations on April 5, 2011 for those with the most promising proposals to submit complete applications by May 1, 2011. Grants will be awarded on May 31, 2011. For detailed information regarding the grant program and application process, please visit: http://ineteconomics.org/grants or email: grants@ineteconomics.org

“The quantity and diversity of innovative grant proposals we received in 2010 demonstrated that the economics community is truly engaged in the thinking and research needed to change our economic and financial systems,” explained Dr. Robert Johnson, Executive Director of INET. “In 2011, we look forward to awarding grants to a diverse community of scholars who will help advance the cause of rethinking the foundations of economics in new and creative ways.”

About the Institute for New Economic Thinking:
Launched in October 2009 with a $50 million commitment from George Soros and driven by the global financial crisis, the Institute for New Economic Thinking (INET) is dedicated to empowering and supporting the next generation of economists and scholars in related fields through research grants, Task Force groups, academic partnerships, and conferences. INET embraces the professional responsibility to think beyond current paradigms. Ultimately, INET is committed to broadening and accelerating the development of innovative thinking that can lead to insights into and solutions for the great challenges of the 21st century and return economics to its core mission of guiding and protecting society. For more information please visit http://www.ineteconomics.org/

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Institute for New Economic Thinking
Bill Fallon
212 925 6900
www.ineteconomics.org/grants
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