Articles
Articles and analyses from the INET community on the key economic questions of our time.
The History of Economic Thought website is reborn
I am pleased to announce that the History of Economic Thought Website is back. I am thankful for the assistance of the Institute for New Economic Thinking (INET), which has supported its revival and made it possible.
Is Wall Street Doing its Job?
Improving the Teaching of Econometrics
A major shift is needed in the Econometrics curriculum for both graduate and undergraduate teaching to include modern topics.
A Global Marshall Plan for Joblessness?
The corrosive social and economic effects of what have now become ‘normal’ unemployment levels require new solutions, and tradewithout full employment exacerbates the problem
Why Liberal Economists Dish Out Despair
Orthodox macroeconomics has become a place where visions die and hopes are banished, for both liberals and conservatives.
When Economists Attack
How Gerald Friedman’s assessment of Bernie Sanders economic proposals prompted a rare public political spat among economists.
Towards a theory of shadow money
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.
In EU budget debates, ‘technocratic’ veil hides political choices
As the European Union Commission readies itself for a new round of budgetary recommendations, INET senior economist Orsola Costantini warns that that the debate over how those harsh fiscal constraints are to be determined is based on a formula that masks political choices as technocratic imperatives.
When Things Fall Apart
Refugees and The Economy: Lessons from History
What can we learn from the Vietnamese, Cuban, Rwandan, and Syrian refugees crisis?
Liquidity Trap & Excessive Leverage
How excessive debt hurts the economy and why to curb it.
The China Delusion
The current bout of exchange rate anxiety is really just a symptom of the fact that China’s transition from an export-led growth strategy to one propelled by domestic consumption is proceeding far less smoothly than hoped.