Articles
Articles and analyses from the INET community on the key economic questions of our time.
The SDR is the Catalyst for China’s Currency Internationalization
There is a deeper story to be told about the inclusion of the Renminbi.
Will Spain Reject Austerity?
Printing Money
To Fix Inequality and Steady the Economy, Think Radically
Sometimes a radical path is the most practical way out of a mess.
The Wesley Clair Mitchell medal : the AEA award that never came to be
Throughout its first 10 years operation, the John Bates Clark medal was constantly challenged. Many young economists found it biased toward theory, and demanded the establishment of a distinct award for applied work.
The Teaching of Economics
$1.90 Per Day: What Does it Say?
The World Bank’s global poverty estimates suffer from deep-seated problems arising from a single source, the lack of a standard for identifying who is poor and who is not that is consistent and meaningful.
Is the Devil in the Details? Estimating Global Poverty
Economists’ assumptions, even about seemingly “small” matters, make an enormous difference to global poverty estimates but their impact often goes unnoticed, and the choices made have been badly justified. We must stop pretending that the World Bank’s “$1 per day” estimates are at all reliable.
Travelling Knowledge and Tools
Why Carried Interest is Suddenly the Inequality Flashpoint
A little-understood rule in the tax code is making headlines. What’s all the fuss?
Why You Shouldn’t Fear China’s Devaluation
If anything, it points to a better managed global financial system and a more resilient Chinese economy.
What Happened to China’s Stock Market and Why You Should Care
The sharp and sudden plunge scared everyone. Can the Chinese government get control of the market?
Debt-driven Growth: The decade prior to the Great Recession
The recent financial crisis has impressively illustrated the dangers of rapid credit growth in a painful way.
Sinn Advises Greece to Reinstate the Drachma
It is time for Greece to make a daring leap and adopt its own currency, says Ifo President Hans-Werner Sinn. “The drachma should be introduced immediately as a virtual currency,” Sinn said in Munich.