Articles
Articles and analyses from the INET community on the key economic questions of our time.
They called it a sunspot
Why Keynes is Important Today
Income and Wealth Distribution in Germany: A Macroeconomic Perspective
Household economic surveys, such as the German Socio-Economic Panel, notoriously underestimate the degree of income and wealth inequality at the upper end of the distribution.
Development and Underdevelopment in Postwar Europe
The question of underdevelopment and development policies in postwar Europe will be the theme of a workshop organized by Michele Alacevich, Sandrine Kott, and Mark Mazower, at Columbia University, the Heyman Center for the Humanities, Friday, October 10, 2014. The program is available here. Below are some of Alacevich’s insights on the issue leading up the event:
The torch that wouldn't burn - UCLA in 1968
Employment as University Professor is by comparison with the grind of the professional world a peaceful, perhaps even relaxing, assignment.
Destabilizing A Stable Crisis
Top incomes and the glass ceiling
The glass ceiling is typically examined in terms of the distribution of earnings. This column discusses the glass ceiling in the gender distribution of total incomes, including self-employment and capital income. Evidence from Canada and the UK shows we are still far from equality. Though the proportion of women in the top 1% has been rising, the progress is slower, almost non-existent, at the very top of the distribution.
Self-Control and Public Pensions
Our welfare depends not only on our actual consumption, but also on alternate choices wedid not make.
Post-Crash Economics
We Can Blog it!
A Fight Over Inequality: The 5% Vs. The Rest
In late 2007, the United States started feeling the effects of the Great Recession. And over the ensuing two years the economic disaster spread across the globe.
Piketty and thinking about economics
There is a new economics rock-star touring the US by all accounts, and his name is Thomas Piketty.
German Court decision: Legal authority and deep power implications
Who wields supreme power over the ECB? This column analyses the recent ruling by the German Constitutional Court that the ECB cannot act as lender of last resort. Although seemingly couched by the referral of this decision to the European Court of Justice, this is a bid for power and the return to the pre-crisis paradigm of ‘ultra posse nemo obligatur’.