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

'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

Conflicts of Interest? Maybe Congress Should Look in the Mirror
New evidence shows personal wealth interests drive Congressional votes

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
A Moral Challenge to Economists

Sraffa’s Revolution in Economic Theory
The prominence of the debate over ‘reswitching’ has obscured the importance of Piero Sraffa’s profound contribution to economics. It’s time to revisit and build on that body of work

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
The Geopolitics of Populism

Race and Economics: Exploring Headwinds and Resilience
The Institute for New Economic Thinking’s recent Detroit event on race and economics noted both the structural impediments faced by African-Americans, and the impressive gains made in some communities despite those headwinds

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

Bracing for Trumponomics
What we’re reading: Some analysts expect dramatic changes and a short-term boost to the US economy, others predict continuity — and see Trump’s election reflecting a sea change in the global order

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
Black Lives Still Matter

Did the farm credit system change Americans’ thinking about credit?
Hoping to learn from other countries’ experiences in organizing finance for agriculture, more than 150 Americans were sent abroad in the summer of 1913 to investigate the minutiae of farm-credit systems in and around Europe.