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

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.

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.
Let Them Drink Pollution?
Friendly Fire

Start-Up Governments, or Can Bureaucracies Innovate?
For most economists and indeed for social scientists in general such a question induces shudders as already asking this seems wrong – aren’t governments more prone to failures than markets, and aren’t governments supposed to provide basic and stable institutions for markets to function?

The Sneaky Way Austerity Got Sold to the Public Like Snake Oil
A budget approach cloaked in the aura of science and technical jargon became a tool of manipulation.

RMB in SDR, Now What?
“Governments propose, markets dispose,” as Charles Kindleberger liked to say.