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

Can “It” Happen Again? Defining the Battlefield for a Theoretical Revolution in Economics
As part of our “Experts on Trial Series”, Antonella Palumbo argues for stripping away ‘scientific’ shibboleths that mask social and political choices
At Sea Without an Anchor

'People Have Had Enough of Experts'
As part of our ongoing symposium “Experts on Trial”, Professor Sheila Dow argues that if voters have grown contemptuous of economists’ expertise, that’s because economics has been misrepresented as a technical subject separate from politics and moral judgments

Is Inequality a Political Choice?
Research by INET-affiliated scholars shows the US lags far behind its peers on inclusive growth, suggesting inequality is not an inevitable consequence of globalization and technology

Ferguson: Monetary Policy Can't Levitate a Broken Economy
As part of an International Economy symposium, INET Research Director Tom Ferguson assessed the challenge facing central bankers through the lens of the missing virtues of Dorothy’s travel companions in the Wizard of Oz

America’s Failures of Representation and Prospects for Democracy
A concentration of wealth and power that created a twin crisis of representation — in politics, and in expertise — set the stage for Donald Trump’s election victory, and has put America’s founding principles at risk
A Moral Challenge to Economists

Reality Check: What Economists Talk About When They Talk About the Chinese Economy
Beneath the heated political rhetoric over U.S.-China economic ties lies an increasingly complex reality

If CEO Pay Was Measured Properly, It Would Look Even More Outrageous
Research funded by the Institute for New Economic Thinking has revealed that the SEC reports executive compensation using a formula that routinely undercounts it
The Geopolitics of Populism

Capitalism in the Time of Trump?
As the world turns upside down, Mariana Mazzucato discusses how to shape an economy that works for everyone

Older workers in Rust-Belt States have been economic losers since Reagan
Slight increases in national-average earnings for older workers mask long-run stagnation and decline in Michigan, Ohio, Pennsylvania and Wisconsin – states that unexpectedly voted for Donal Trump
Bracing for Trumponomics

India: Demonetization and its Discontents
By suddenly eliminating two widely used bank notes, India’s government risks undermining public confidence in the basic means of exchange