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

Behind the Tariff Dilemma: Kalecki on Structuralist Development Policy
On the occasion of the 70th anniversary of Kalecki’s seminal lecture in Mexico on financing economic development, Jan Toporowski’s INET Working Paper considers the relevance of structuralism and Kalecki’s view of economic development for today.
Europe’s Gas Roller Coaster

Distributional and Macroeconomic Effects of Trump 2.0
The most likely outcome of the second Trump administration is a recession and an exacerbation of inequalities, and a further degradation of the living standards of working and middle-class Americans.

What the Economy Is Really For — And Why Tariffs Miss the Point
The money to support well-paid American jobs exists—it’s just being hoarded at the top. Economist William Lazonick argues that this is not just unfair; it’s a failure of the whole economic system.
Trade in the Time of Trump

How Climate Denial is Fueling a U.S. Homeowners Insurance Crisis and Risking a 2008-Style Financial Meltdown
New research reveals that rising insurance costs, reckless building, regulatory inaction, and big banks’ fossil fuel investments are driving a dangerous cycle that jeopardizes homeowners — and financial stability for everyone.

Breaking the Moat: DeepSeek and the Democratization of AI
DeepSeek’s appearance is changing the AI landscape in more ways than we might think.
Political Investments

A Heart Attack and Stroke Drug That Saves Lives Exists—But American Patients May Be Left Behind by Profit-Driven Healthcare
Dr. Victor Gurewich, a researcher and Harvard Medical School faculty member since 1965, discovered a breakthrough drug treatment for heart attacks and strokes with the potential to save millions, but institutional resistance and a U.S. healthcare system that puts profits over patients are keeping it out of reach.

Protecting the Consumer: A Conference at the University of Utah with CFPB Director Rohit Chopra
The Utah Project on Antitrust and Consumer Protection hosted a conference on the future of consumer financial services law on October 11, 2024, which was supported by an INET grant.
America at the End of Its Tether

Neural Network Effects: Scaling and Market Structure in Artificial Intelligence
As artificial intelligence reshapes our economy, policymakers must act swiftly to prevent a winner-take-all scenario in the rapidly evolving market for AI foundation models.

The Deutschmark’s Real Father? A Jewish American Written Out of History.
In a fresh release from INET’s book series with Cambridge University Press, renowned German economic historian Carl-Ludwig Holtfrerich uncovers the startling truth behind German currency reform usually hailed as the foundation of the post-war German economic miracle: Ludwig Erhard, who cooperated with the Nazis, unjustly claimed the spotlight, overshadowing the real architect, Edward Tenenbaum.
The “Fortune 500” of 1812

CrowdStrike Lessons: Liability Shields Fuel Risky Practices, Expert Warns
Cybersecurity expert Muayyad Al-Chalabi assesses CrowdStrike’s update failure and its broader implications for cybersecurity in a discussion with Lynn Parramore.