Articles
Articles and analyses from the INET community on the key economic questions of our time.
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.
Swimming against the Current: A Remembrance of Ronald Coase (1910-2013)
Ronald Coase, who passed away last week at age 102, spent his academic career swimming against the current.
Inequality – It’s Bad…And It’s About to Get Way Worse
What’s behind rapidly worsening inequality in the United States?
Katharina Pistor: The Legal Theory of Finance
economists still conceive of law too narrowly, mainly as a means to reduce transaction costs and protect investors.
Detroit, and the Bankruptcy of America’s Social Contract
What does the bankruptcy of Detroit say about the US social contract?
Should China Deregulate Finance?
Why Austerity Theory is the Economist's Atomic Bomb
Economic theories are powerful things, to be used and misused. Those who write economic theory and do economic policy need to be aware of the consequences of what they are doing.
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
More Services Means Longer Recoveries
Recovery from recessions takes longer than it has in the past.
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.
Reinhart and Rogoff Respond to Criticism
INET Advisory Board members Carmen Reinhart and Kenneth Rogoff today issued a response to recentcriticism of their paper “Growth in a Time of Debt.” Their response in full is below.