Articles
Articles and analyses from the INET community on the key economic questions of our time.
Is Productivity Growth Becoming Irrelevant?
As the Nobel laureate economist Robert Solow noted in 1987, computers are “everywhere but in the productivity statistics.” Since then, the so-called productivity paradox has become ever more striking. Automation has eliminated many jobs. Robots and artificial intelligence now seem to promise (or threaten) yet more radical change. Yet productivity growth has slowed across the advanced economies; in Britain, labor is no more productive today than it was in 2007.
We’ll Always Need Paris
e-Book Launch: Can Dependency Theory Explain Our World Today?
Young Scholars Initiative (YSI) has released a new e-book, “Conversations on Dependency Theory”
The Hidden Cost of Privatization
Why some goods and services should stay in the public domain
America is Regressing into a Developing Nation for Most People
A new book by economist Peter Temin finds that the U.S. is no longer one country, but dividing into two separate economic and political worlds
Against False Arrogance of Economic Knowledge
“The humility to accept that economic propositions cannot be universal would save us from self-defeating arrogance.” Economist Amit Bhaduri adds his perspective to our Experts on Trial discussion.
The Moral Burden on Economists
Which Productivity Puzzle?
The Debate Over Taxing Robots in Context
Taxing the use of robotics may or may not be the answer, but the question remains how to compensate for the growing inequality created by our changing economies
The Mechanical Turn in Economics and Its Consequences
In the age of Adam Smith, an economics that masqueraded as natural science and excluded the human condition actually suited the interests of the landed and the wealthy
China’s Weapons of Trade War
China’s Economic Challenges May Soon Include Inequality
Research by Thomas Piketty, partly funded by the Institute, shows that wealth and income gaps in China are now larger than Europe’s, and approaching those of the US
Euroland: Will the Netherlands be the next domino to fall?
Austerity has nurtured resentments that will likely make the populist right PVV the biggest winner in the March 15 election — but without the majority or the allies needed to govern
Trumping Capitalism?
Donald Trump’s presidency is a symptom of an interregnum between economic orders – a period that will result in a new balance between state and market. While his administration’s economic policies are unlikely to provide the right answer, they may at least show the world what not to do.