Articles
Articles and analyses from the INET community on the key economic questions of our time.
Independence vs. Accountability in the Evolution of the Fed
Peter Conti Brown’s new book explores and debunks a powerful meme shaping public understanding of the role of the Fed
Shadow banking’s enduring perils
Minimum Wages & Job Loss
The Unfairness of Housing Purchases Through Time
Amid the ongoing research interest in questions of inequality, it is important to examine the question of access to housing — and how that has changed over the decades. The specific question I have sought to answer, here, is whether the real cost (measured against income) of buying the average home has risen.
Varoufakis: Star Trek or The Matrix?
Capitalism will destroy itself, the former Greek finance minister warns, if economic calculation excludes human needs and ignores democratic verdicts
Three Questions with Dean Corbae
Towards a theory of shadow money
The Global Consumption and Income Project
We have developed over a number of years and now make publicly available a new and unprecedented data resource for understanding levels of living, poverty, inequality and inclusivity of growth and development around the world.
Instability & Stagnation in a Monetary Union
The intra-EMU divergences are a feature of the system rather than just a bug.
When Things Fall Apart
Blanchard, the NAIRU, and Economic Policy in the Eurozone
A recent policy brief by Blanchard (2016), based on an earlier paper (Blanchard, Cerutti, Summers 2015) raises a number of interesting points concerning the NAIRU and the Phillips Curve, which are further discussed in the comment on the paper by Ball (2015).
A Wake-Up Call on Climate Change and Clean Energy
A stark warning from Institute researchers on the probability that ‘2°C capital stock’ will be reached in 2017
Politics & Economics Don't Mix
Economic Forecasting Models & Sanders Program Controversy
The Romer/Romer letter to Professor Gerald Friedman marks a turning point. It concedes that there are indeed important issues at stake when evaluating the proposed economic policies of Presidential Candidate Bernie Sanders. These issues go beyond the political debate and should be discussed seriously between and among professional economists.
Confusion Is No Response to Economic Orthodoxy
Servaas Storm has conviction, yet his analysis throws the baby out with the bathwater.
Let Them Drink Pollution?
Friendly Fire
Comments on “German Wage Moderation and the Eurozone Crisis: A Critical Analysis” by Servaas Storm