Articles
Articles and analyses from the INET community on the key economic questions of our time.
The Political Economy of the Nobel Prize, 45th edition
This morning, when I woke up a few hours before the Nobel announcement, I felt seriously dissatisfied. I had meant to write a post on Thomson Reuters’s prediction that Card, Angrist and Krueger may win the Nobel for their work on empirical microeconomics.
A Model’s Crisis
The End of 'Financialization'
The failure of Lehman Brothers on 15 September 2008 marked the beginning of the end of the world’s love affair with financialization.
Learning from Lehman: Lessons for Emerging Markets from the Financial Crisis
What can emerging economies learn from the financial meltdown in advanced economies?
Inequality – It’s Bad…And It’s About to Get Way Worse
What’s behind rapidly worsening inequality in the United States?
Detroit, and the Bankruptcy of America’s Social Contract
What does the bankruptcy of Detroit say about the US social contract?
Understanding Bank Liquidity
The shortage of liquidity in the interbank market in China has sparked off a fear of “monetary famine.” This seems rather odd when the national savings rate is 50 per cent of GDP
Should China Deregulate Finance?
You Didn’t Build That: The Entrepreneurial State
A review of The Entrepreneurial State: Debunking Public vs. Private Sector Myths, the new book by Mariana Mazzucato
The rise of economics as engineering II: the case of MIT
Looming behind the aforementioned narratives of postwar economics is a notion – economics as engineering – which at times appears as a metaphor and at times stands for a straight depiction of economists’ professional milieu and practices.