From the Blog
Repeat after me: How much pipe should Fed plumbers lay if Fed plumbers like to lay pipe?
The U.S. economy is increasingly becoming a dual economy, where high productivity sectors—such as manufacturing—and high pay sectors—such as finance and professional services—co-exist with low pay and low productivity sectors that employ most workers.
Political theorist Wendy Brown explores new threats to democracy and society
To make start-ups work for everyone, we need to put power back in the hands of workers.
National States and Conflicting Economic Priorities in the Making of the European Monetary System
Trying to predict the financial future is a fool’s errand, even for a genius
Policy hype but vintage fiscal economics from Godley, Lerner, and Keynes
Big Tech companies are swallowing up nascent competitors. Why aren’t regulators paying attention?
INET Video
Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem.
Stock buybacks are giveaways for greedy investors at the expense of everyone else.
Columbia University’s Richard Robb talks about his new book on human behavior
INET experts discuss how financialization has driven up costs of healthcare—and how we can stop it.
The Financial Times correspondent on the libertarian streak in Silicon Valley
Yueran Ma discusses her work with INET’s Private Debt Initiative
Economists make what we do seem complicated, says Ha-Joon Chang. It’s not.
The University of Chicago’s Raghuram Rajan explains how inequalities in the education system lock in a hereditary hierarchy of success
GDP doesn’t tell the whole story—Robert McMaster explains the Economic Democracy Index
Working Paper Series
This paper provides novel insights on the changing functional distribution of income in the post–war US economy.
This paper analyzes the early stages of the formation of the Common Market.
This essay deals with the contradictory dynamics that engulfed Europe from 1959 to 1979, the year of the launching of the European Monetary System.
This essay deals with the EMS experience and its failure, with the Maastricht Treaty, and with the interregnum leading to the formation of the EMU in 1999.
Policy hype but vintage fiscal economics from Godley, Lerner, and Keynes
How antitrust law is ill-equipped to address tech mergers
The Chicago School has long used bankrupt assumptions to strangle antitrust policy.
We adapt simple tools from computational linguistics to construct a new measure of political risk faced by individual US firms: the share of their quarterly earnings conference calls that they devote to political risks.
It was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.
Frequent civil conflicts in African countries may erode national identity, thus highlighting a reason why civil conflict is costly for growth and development