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Thomas Ferguson

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Thomas Ferguson is the Institute for New Economic Thinking’s Director of Research Projects and a member of its Advisory Board. He is also Professor of Political Science at the University of Massachusetts, Boston and Senior Fellow at the Roosevelt Institute. He received his Ph.D. from Princeton University and taught formerly at MIT and the University of Texas, Austin. He is the author or coauthor of several books, including Golden Rule (University of Chicago Press, 1995) and Right Turn (Hill & Wang, 1986). His articles have appeared in many scholarly journals, including the Quarterly Journal of Economics, International Organization, International Studies Quarterly, and the Journal of Economic History. He is Contributing Editor at AlterNet, Contributing Editor to The Nation, and a member of the editorial boards of the Journal of the Historical Society and the International Journal of Political Economy.

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When Wolves Cry “Wolf”: Systemic Financial Crises and the Myth of the Danaid Jar

Paper Conference paper | | Apr 2010

Financial crises are staggeringly costly. Only major wars rival them in the burdens they place on public finances.

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