Articles
Articles and analyses from the INET community on the key economic questions of our time.
Uneven Development Without Social Relations—The Trouble with Nievas and Piketty’s Unequal Exchange
Why do market-centric fixes for “unequal exchange” fall short? Sidelining social relations and production power turns colonialism into a pricing problem—and hides the mechanisms that keep uneven development in place.
What’s Next for Capitalism — Reinvention or Authoritarian Rule?
In Capitalism and Its Critics, New Yorker writer John Cassidy brings to life the figures who warned of monopoly power, inequality, environmental peril, and authoritarianism—forces still at work today. He discusses his book with Lynn Parramore.
Tariff Turmoil and the Money Markets: Single Payer Insurance to the Rescue
In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financial markets.
“Founders Would Be Horrified”: Renowned Historian Drops Truth-Bomb on American Revolution and Lessons for Today
Professor Marc Egnal of York University joins the Institute for New Economic Thinking’s Lynn Parramore to explore why historians cling to an inaccurate and misleading narrative, and what we can learn from the real history about tyranny, checks and balances, imperialism — and resistance.
7 Truths About Trump’s Tariffs — And the High-Stakes Future They Shape
Top money-and-politics expert Thomas Ferguson breaks down the real drivers of Trump’s aggressive tariff agenda, from big crypto plans to a new world order emerging.
James K. Galbraith on His Latest Book, DOGE, Bitcoin & More
The distinguished economist talks about the power of entropy in shaping a new economic reality and viewing current events. His new book, Entropy Economics: The Living Basis of Value and Production, challenges flawed mainstream models that lead to distortions and bad policy.
How Shareholder Activism Became Toxic—and How to Fix It
New book reveals how and why hedge-fund activists have been able to suck the life from big-name companies like J.C. Penney and Samsung with their short-sighted profit-grabs. Can their harmful activities be stopped?
Political Investments
Trump, Tariffs, and Exchange Rates: The Message of Elections in the US and Japan
What Japan, the US, and Europe have in common is growing popular anger over the economy despite high stock prices and low unemployment.
How the Wall Street Journal Blew the Story of the Democrats and Inflation
The firehose of affluent consumption continues to drive inflation, not the stimulus package
The Fed and the “Soft Landing” - Policy or Luck?
The biggest factor in accounting for the strength in the economy is the continuing importance of the wealth effect in sustaining consumption by the affluent.