Articles
Articles and analyses from the INET community on the key economic questions of our time.
In the Footsteps of Ptolemy: The ‘Science of Monetary Policy’ and the Inflation of 2021-2023
The impenetrability of this continuously expanding Ptolemaic New Keynesian paradigm is maddening
Postscript: A Further Look at ProMarket’s Economics
ProMarket’s new “Addendum to Retraction,” written it appears in response to our recent INET post, doubles down on its critique of our piece which showed that it is feasible for increased output to lead to reduced welfare. The ProMarket addendum is notable for its economic errors.*
The Mythology of Horizontal Merger Efficiencies
Economists had to distort economic theory to fashion their merger “efficiency” arguments