Articles
Articles and analyses from the INET community on the key economic questions of our time.
Are Economists Blocking Progress on Climate Change?
By promoting unrealisitc models, economists have become part of problem rather than the solution
Why We Need New Measures of Potential Output—and What They Tell Us
Everyone is waking up to the fact that estimates of what is possible in the economy are way off: this paper explains why
Antitrust in American History: Law, Institutions, and Economic Performance
The Chicago School’s weakening of antitrust law hurt the economy
Why We Need Diversity and Pluralism in Economics, Part II
INET talks to Jayati Ghosh and Marina Della Giusta
Krishna Bharadwaj, the Torchbearer of Economics
During her long career she illuminated many of the shortcomings of neoclassicism, and offered alternative paths
Joan Robinson, the Rational Rebel
The heterodox scholar was a fierce critic of neoclassical economics. But she also insisted that economics be driven by science, not ideology.
Why We Need the Knightian Uncertainty Hypothesis
INET’s President introduces a new research program that challenges orthodox assumptions about the limits of economic knowledge
Is the Opioid Overdose Crisis a Story of Supply or Demand? Depends Where You Look
Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths
The Bogus Paper that Gutted Workers’ Rights
For years, governments in India and much of the developing world have followed the advice of a paper arguing that labor regulations actually hurt workers. The problem? The research was wrong.
A Reply to Michael Grubb’s Growth-Decarbonization Optimism from Schröder and Storm
Market tweaks and incentives won’t save us from climate catastrophe. Only radical policy change will.