Articles

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

Article

Why journal editors should commission history papers for their anniversary issues

Apr 23, 2015

Writing the history of economic journals is not merely a way to reconstruct the development of new fields and new approaches to economics. It also recasts current debates on peer-review, retractions, open-access, replicability, and bias in scientific publishing in a wider perspective. It answers important questions on the influence of editors, publishers and referees on the development or marginalization of various economic approaches. But such endeavour requires the preservation of journals’ archives, the recognition of historical expertise, and economists’ adoption of a more relaxed and humble approach to their history.

Article

Behind Europe's Populist Backlash: The Hunger Games of Mainstream Economics

Jan 6, 2015

The turmoil of Brexit and the populist challenge across Europe are consequences of austerity policies that have brought misery to millions of ordinary voters. In this interview first published last January, Servaas Storm warned of the dangers of economic decision making divorced from democracy and from the social consequences of its prescriptions

Article

Nobel Win Doesn’t Equate To Policy Prescriptions

Oct 21, 2014

The “keys under the streetlight story” is well known among economists, but in case you haven’t heard it, it goes like this.