THE BERLIN
NEW PARADIGM
INITIATIVE

From market fundamentalism to viable wealth for the many.

To Knowledge Base

New Paradigm

After decades of overly naive market belief, we urgently need new answers to the great challenges of our time and a whole new paradigm to guide us.

Redefining
the role of
the state

For decades, there was a consensus that reducing the role of the state and cutting public debt would generate wealth. New research focuses on defining when government action is economically sensible and necessary.

Remaking
finance

More than a decade after the financial crisis there still seems to be something seriously wrong with the financial system. A better financial system needs to counter herding, booms and busts and the inherent tendency towards instability.

Greening
prosperity

During the high point of market orthodoxy, economists argued that the most 'efficient' way to combat climate change was to let markets determine the price of carbon emissions. Today, there is a growing consensus that a carbon price on its own might not be enough.

Reducing
inequality

The rising gap between rich and poor has become a threat to social cohesion in most rich countries. To reverse this trend it will be crucial to better understand the importance of different drivers of income and wealth inequality.

Innovation Lab

Do we need a whole new understanding of economic growth? How viable are alternatives to GDP when it comes to measuring prosperity? An understanding of these and other more fundamental challenges is urgently needed.

Globalization
for all

After three decades of poorly managed integration, globalization is threatened by social discontent and the rise of populist forces. A new paradigm will need better ways not only to compensate the groups that have lost, but to distribute the gains more broadly from the start.

Europe
beyond markets

A deep belief in self-regulating markets and market-driven integration lead to major imbalances in the Eurozone. New research needs to focus on the policies needed to foster economic convergence and prevent future panics.

Corona Crisis

The current Corona crisis is probably the worst economic crisis of the post-World War 2 era. Economists are working hard on mitigating the economic effects. We collect the most important contributions.

CURRENT ARTICLES AND STUDIES

INNOVATION LAB  | WORKING PAPERS 13 JUNE 2022

Narrative Economics: Europe as a "Transferunion" or "Risikogemeinschaft"? An empirical analysis

by Doris Neuberger and Edoardo Beretta

NEW PARADIGM 7 JUNE 2022

The New Paradigm Papers of the Month of June

Once a month the Forum New Economy is showcasing a handful of selected research papers that lead the way towards a new economic paradigm.

THE STATE 7 JUNE 2022

How to Make the State Better

Fritzi Köhle-Geib, Max Krahé, Thurid Hustedt, and Erkki Karo on how to re-design a modern and pro-active state.

ALL FORUM NEW ECONOMY PAPERS AT A GLANCE

Since our launch in 2019 we published more than a dozen studies. The latest: Narrative Economics: Europe as a "Transferunion"? An empirical analysis. By Doris Neuberger and Edoardo Beretta

What does the New Economy Forum do?

More and more economists around the world are searching for innovative concepts to make economic and societal trends more sustainable. Supporting these ideas and exploring their real value, is one of the main goals of this Forum.

Our partners

Forum New Economy is glad to cooperate with a network of leading institutions and high-level academic partners.