Articles

Articles and analyses from the INET community on the key economic questions of our time.

Article

The Decline of the US Labor Share Across Sectors

Nov 21, 2019

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.

Article

Secular Stagnation: The Limits of Conventional Wisdom

Oct 1, 2019

Summers and Stansbury mark a dramatic shift from New Keynesian orthodoxy, but only make it halfway to understanding the demand-driven nature of stagnant growth

Article

The Sacrificial Rites of Capitalism We Don’t Talk About

Aug 26, 2019

Author Supritha Rajan argues that self-interested competition may be the official line, but it’s far from the whole story

Article

Developing Asia Needs a New Economic Paradigm

Aug 13, 2019

Inadequate demand and climate change require a global green new deal

Article

How Media Workers are Organizing in the Dual Economy

Jun 27, 2019

With journalism moving from a stable to a precarious profession, digital media workers have become some of the most organized in the startup world

Article

Modern Monetary Inevitabilities

May 31, 2019

For all the talk of Modern Monetary Theory representing a brave new frontier, it is easy to forget that the United States has gone down this road before, when the US Federal Reserve financed the war effort in the 1940s. Then, as now, the question is not about government debt, but about the debt’s purpose and justification.

Article

A Belief in Meritocracy Is Not Only False: It’s Bad for You

Apr 2, 2019

Despite the moral assurance and personal flattery that meritocracy offers to the successful, it ought to be abandoned both as a belief about how the world works and as a general social ideal.