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

How the term “mainstream economics” became mainstream: a speculation
From 1958 onward, the back cover of Paul Samuelson’s bestselling textbook, Economics, showed a family-tree of economists. The diagram’s evolution, in particular its use of the term “mainstream economics,” reflected, and, I speculate, influenced how economists came to perceive the structure of their discipline.

Should the state be doing more to fix the economy?
What we’re reading: A weekly scan of published items relevant to the Institute’s work

Improving the Teaching of Econometrics
A major shift is needed in the Econometrics curriculum for both graduate and undergraduate teaching to include modern topics.
Minimum Wages & Job Loss

Keynes passed away 70 years ago today – his copyright follows
Keynes passed away 70 years ago today, with his copyright now expiring, there is an opportunity to build a digital archive of all his work

Why Liberal Economists Dish Out Despair
Orthodox macroeconomics has become a place where visions die and hopes are banished, for both liberals and conservatives.
Towards a theory of shadow money

Can ‘matching markets’ concept help Europe manage its refugee crisis?
European Union countries are facing an epic challenge of integrating more than 1 million refugees from conflict zones in the Middle East and beyond.

We Stopped Pfizer’s Tax Dodge, Now Let’s End the Buybacks
Industrial journalist Ken Jacobson and economist William Lazonick (both of the Academic-Industry Research Network), call for an end to stock market manipulation through buybacks.
When Things Fall Apart

Understanding the Great Recession
Some fundamental Keynesian and Post-Keynesian insights, with an analysis of possible mechanisms to achieve a sustained recovery.

Refugees and The Economy: Lessons from History
What can we learn from the Vietnamese, Cuban, Rwandan, and Syrian refugees crisis?
Politics & Economics Don't Mix

What is Missing in Flassbeck & Lapavitsas
More on substance, coherence, and relevance in the Eurozone debate.