Articles

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

Article

Brexit: The Tectonic Plates

Jul 1, 2016

The Brexit referendum is nothing less than an earthquake. But when an earthquake happens, seismologists try to understand how and why the tectonic plates had been shifting, and the pressures that had been building to bring about the event. The causes underlying every earthquake are specific in how they come together, even if they are seen in different places.

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Global Money: A Work in Progress

Jun 12, 2016

A dollar-denominated global economy means the Fed is at once the bankers bank and government bank, as well as both U.S. central bank and global central bank — managing that hybrid is the challenge of our time

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Who's talking about getting fiscal?

Jun 10, 2016

What we’re reading: Recent statements from the IMF and the OECD highlight a growing call for new economic policy thinking in response to the specter of long-term stagnation

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How the computer transformed economics. And didn’t.

May 19, 2016

The shift toward applied economics in the last 40 years is usually associated with the development of computers and datasets. Yet, the success of computer-based approaches is highly selective, and what computerization failed to change in economics is equally remarkable.

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Shadow banking’s enduring perils

May 9, 2016

Five lessons from the last crisis — for managing the next one

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Austerity without debt relief courts new unrest in Greece

May 9, 2016

Economist James K. Galbraith warns that ‘unrealistic expectations’ by Athens’ creditors is a recipe for turmoil

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Three Questions with Dean Corbae

Apr 19, 2016

Dean Corbae is a leader of the Markets network and Professor of Finance, Investment, and Banking at the Wisconsin School of Business, where he also holds an appointment in the Department of Economics. His current research focuses on consumer credit and bankruptcy, foreclosures, and banking industry dynamics.