Liquidationism is the heterodox Austrian school belief in economics that no actions to mitigate the effects of recessions should be taken by the government or the central bank, but, rather, that the "temporary pain" of companies being liquidated, on account of crises, is a solution in itself. In contrast mainstream economists think that "we have every reason to think that governmental efforts to provide liquidity and fiscal stimulus, and to prevent the panic of contagion from collapsing the financial system, are warranted." [1] [2]
The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school theorists hold that economic theory should be exclusively derived from basic principles of human action.
The Economist is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by the Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim.
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries. Cato was established to have a focus on public advocacy, media exposure and societal influence. According to the 2020 Global Go To Think Tank Index Report, Cato is number 27 in the "Top Think Tanks Worldwide" and number 13 in the "Top Think Tanks in the United States".
Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a right-wing libertarian nonprofit think tank headquartered in Auburn, Alabama, United States. It is named after the Austrian School economist Ludwig von Mises (1881–1973).
The Brookings Institution, often stylized as simply Brookings, is an American research group founded in 1916. Located on Think Tank Row in Washington, D.C., the organization conducts research and education in the social sciences, primarily in economics, metropolitan policy, governance, foreign policy, global economy, and economic development. Its stated mission is to "provide innovative and practical recommendations that advance three broad goals: strengthen American democracy; foster the economic and social welfare, security and opportunity of all Americans; and secure a more open, safe, prosperous, and cooperative international system."
The Institute for Public Policy Research (IPPR) is a progressive think tank based in London. It was founded in 1988 and is an independent registered charity. IPPR has offices in Newcastle upon Tyne, Manchester, and Edinburgh. Funding comes from trust and foundation grants, government support, and individual donors. The think tank aims to maintain the momentum of progressive thought in the United Kingdom through well-researched and clearly argued policy analysis, reports, and publications; as well as a high media profile.
The causes of the Great Depression in the early 20th century in the United States have been extensively discussed by economists and remain a matter of active debate. They are part of the larger debate about economic crises and recessions. The specific economic events that took place during the Great Depression are well established.
Mario Monti, is an Italian economist and academic who served as the Prime Minister of Italy from 2011 to 2013, leading a technocratic government in the wake of the Italian debt crisis.
The Fraser Institute is a libertarian-conservative Canadian public policy think tank and registered charity. The institute describes itself as independent and non-partisan. It is headquartered in Vancouver, with additional offices in Calgary, Toronto, and Montreal, and ties to a global network of 80 think tanks through the Economic Freedom Network. Fraser is a member of the Atlas Network of libertarian policy lobbyists.
The Economic Policy Institute (EPI) is a 501(c)(3) non-profit American, left-leaning think tank based in Washington, D.C., that carries out economic research and analyzes the economic impact of policies and proposals. Affiliated with the labor movement the EPI is usually described as presenting a left-leaning and pro-union viewpoint on public policy issues. Since 2021, the EPI has been led by economist Heidi Shierholz, a former Chief Economist of the Department of Labor.
ODI is a global affairs think tank, founded in 1960. Its mission is "to inspire people to act on injustice and inequality through collaborative research and ideas that matter for people and the planet." It does this through "research, convening and influencing, to lead new thinking and future agendas to deliver transformational change." Its Chair is Suma Chakrabarti.
The Economist Group is a media company headquartered in London, England. It is best known as publisher of The Economist newspaper and its sister lifestyle magazine, 1843. The Economist Group specialises in international business and world affairs information. Its principal activities are in print and digital media as well as in conferences and market intelligence.
Ted Halstead was an American author, policy entrepreneur, and public speaker who has founded four non-profit think tanks and advocacy organizations: the Climate Leadership Council, Americans for Carbon Dividends, New America, and Redefining Progress. His areas of expertise included climate policy, economic policy, environmental policy, healthcare, and political reform.
Policy Exchange is a British conservative think tank based in London. In 2007 it was described in The Daily Telegraph as "the largest, but also the most influential think tank on the right". The Washington Post said Policy Exchange's reports "often inform government policy in Britain." and Iain Dale described it as the "pre-eminent think tank in the Westminster village", in ConservativeHome. Policy Exchange is a registered charity.
The Mercatus Center is an American libertarian, free-market-oriented non-profit think tank. Located at George Mason University and directed by the American economist Tyler Cowen, the Mercatus Center works with policy experts, lobbyists, and government officials to connect academic learning and real-world practice. Taking its name from the Latin word for market, the center advocates free-market approaches to public policy. During the George W. Bush administration's campaign to reduce government regulation, The Wall Street Journal reported, "14 of the 23 rules the White House chose for its 'hit list' to eliminate or modify were Mercatus entries".
Open Europe was a British centre-right eurosceptic policy think tank with offices in London and Brussels, merging with the Policy Exchange think tank in 2020.
The Democracy Index is an index compiled by the Economist Intelligence Unit (EIU), the research division of the Economist Group, a UK-based private company which publishes the weekly newspaper The Economist. Akin to a Human Development Index but centrally concerned with political institutions and freedoms, the index attempts to measure the state of democracy in 167 countries and territories, of which 166 are sovereign states and 164 are UN member states.
The Economist Intelligence Unit (EIU) is the research and analysis division of the Economist Group, providing forecasting and advisory services through research and analysis, such as monthly country reports, five-year country economic forecasts, country risk service reports, and industry reports. The EIU provides country, industry, and management analysis worldwide and incorporates the former Business International Corporation, a UK company acquired by its parent company in 1986. The EIU has its main offices in four cities - London, New York, Hong Kong and Dubai.
Esther Duflo, FBA is a French–American economist who is a professor of Poverty Alleviation and Development Economics at the Massachusetts Institute of Technology (MIT). She is the co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL), which was established in 2003. She shared the 2019 Nobel Memorial Prize in Economic Sciences with Abhijit Banerjee and Michael Kremer, "for their experimental approach to alleviating global poverty".
Pyotr Pavlovich Maslov was a Russian and Soviet economist and agriculturist.