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

Currency Wars, Social Class, and the Republican Dilemma Over Medicaid
Faced with a shrinking list of options to trim the budget, Republicans are now eyeing Medicaid - but will that fly among Trump supporters?
Trade in the Time of Trump

Trump and Wealth-Price Inflation: Still Running in the Background All the Time
Consumer demand by America’s most affluent citizens is driving consumer spending, and consumer spending, in turn, is the main force keeping inflation so high

Charles Kindleberger, the Dollar System, and Financial Crises
A review of Perry Mehrling’s book, Money and Empire: Charles P. Kindleberger and the Dollar System, and an exploration Mehrling’s discussion of the 1982 correspondence between Charles Kindleberger and Ben Bernanke examining their theories concerning financial crises.

Political Investments
An interview with Thomas Ferguson on the 2024 US election conducted by Andrew Yamakawa Elrod and Tim Barker for Phenomenal World

Rebooting Antitrust’s Normative Economic Theory
Industrial organization economists have caused antitrust to cling to an antiquated and disproven economic theory.
America at the End of Its Tether

Can We Avoid a Franken-Future with AI?
In his new book, Mindless, acclaimed economic historian Robert Skidelsky urges readers to pause and reflect on the delicate balance between advancing technology and our human essence.

Climate Change and Macroeconomic Models: Why General Equilibrium Models Do Not Work
The limitations of the benchmark E-DSGE framework and how these limitations restrict the ability of this framework to meaningfully capture the macroeconomics of the climate crisis.
Musk and Tesla: Corporate Compensation, Financialization, and the Problem of Strategic Control
The “Fortune 500” of 1812

Forget the Posturing – The Inflation Reduction Act May Work Better Than Many Expected
The IRA has the potential to rectify the imbalance between public benefit and private incentives

America Needs Intel Economically and Politically—But Is It Too Late?
Patrick Gelsinger stepped down as INTEL’s CEO on December 1. We published an analysis last August that provides context for why this is significant for the company and the US economy.

The Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economy
In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.