Articles
Articles and analyses from the INET community on the key economic questions of our time.
How German Economists Really Think
A survey on behalf of the Sueddeutsche Zeitung indicates that German economists are much more American in their thinking than is presumed – with a rising trend.
Why This Time Is Different for Ukraine
The Ukrainian government has committed to implement far-reaching reforms in exchange for the support it is getting from the international community, led by the International Monetary Fund (IMF). Understandably, given Ukraine’s disappointing transition history, there is widespread scepticism on whether the country will live up to its commitments. Three failed IMF programmes later, the fundamental question is: Is it different this time?
What Even Famous Mainstream Economists Miss About the Cambridge Capital Controversies
Non-mainstream economists are disputing neoclassical ideas about capital.
How Sociologists Think About Inequality
Most sociologists believe that formal and informal institutions are more critical in explaining the rising inequality observed in advanced economies. In this light, changing institutions such as the ascendance of shareholder-centered corporate governance model, finance-friendly policies since the late 70s, credentialism, and deunionization all contribute to the earnings dynamics at different parts of the distribution.
We Must Lean Over Backwards
The Coming China Crisis
Rapid private-debt growth threw Japan into crisis in 1991 and did the same to the United States and Europe in 2008. China may be next.