The Institute for New Economic Thinking (INET) is an organization created to promote changes in economic theory and practice through conferences, research grants, joint ventures with academic and research institutions and other education initiatives.
The Institute for New Economic Thinking (INET) awards Research Grants to individuals and institutions to pursue ground-breaking high-impact research in the field of economics. The Research Grant program is one of the major initiatives of the Institute. INET plans to award approximately 50 grants per year ranging in value from $30,000-$250,000.
Grants will be awarded primarily to individuals or teams of individuals affiliated with academic institutions, think tanks and other centers of vital research on questions of import. The Institute is particularly interested in funding early stage research and research scholars and realizes that related disciplines such as history, political science, psychology and adaptations from the physical sciences may offer much of value for the Institute’s program.
In conformance to the Institute’s commitment to encouraging new and consequential economic thinking, submissions in any subject area will be actively considered. In addition, at this time, the Institute is inviting proposals that intend to advance thought in economics with particular emphasis on the following areas of study: Political Economy: The State, Economy and their InteractionTheories of Finance, Radical Uncertainty, Asset Price Swings and the Interaction between Financial and Real Economic SystemsNew Approaches to Empirical MacroeconomicsNetwork and Systems TheoryEconomic HistoryHistory of Economic ThoughtHuman Capital and GrowthDevelopment and Economic Inequality
The application process will involve two stages. For the first stage, applicants will be required to submit through the INET website a high level proposal not exceeding 6 single spaced pages describing the project to be undertaken. An up-to-date CV should accompany the proposal, as well as any other supporting materials that the applicant feels would help in the grant determination process. Applicants will be informed as to whether the proposal has been accepted into the second stage within a month of receipt. Upon successful invitation from INET into the second stage, applicants will be required to send a detailed proposal along with any additional information. Requirements for each stage are outlined here.
Click here for the online application form.
Research grants will be awarded twice per year. The timeline for this inaugural research grant cycle is planned as follows:
July 1, 2010 Research Grant Program announced
July 31, 2010 Stage 1 Proposals due to INET
August 31, 2010 INET announces Proposals nominated into Stage 2
September 20, 2010 Stage 2 Proposals due to INET
October 15, 2010 Research Grant awards announced by INET
For more detailed information, visit the official website.