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

Lending in the Dark: China's Shadow Banking Sector
The proliferation of China’s opaque, loosely regulated (or unregulated) shadow-banking system has been raising fears of possible financial instability. But just how extensive – and how risky – is shadow banking in China?
Keynesianism, neoliberalism and the 'Dissemination' of Economic Ideas: That's the Way of the World.
I like IKE

Japan's Money Base Will Be 45% of GDP: US and UK is 19%-21%
Japan is going to double its money supply, according to today’s front page of the Financial Times (5 April 2013), and a salient question might be what we should compare that to. It sounds like a lot, but is it?

Where the World Economic Association Started
Having lunch next to Edward Fullbrook he told me the story of how the post-autistic economic review got its start, leading to what we today know as the World Economic Association and all the great work coming from this community.
Meeting New Challenges in China
Russia to the Rescue of Cyprus?

How the Economic Quacks Promoting Austerity Will Increase the Deficit
Why all of the fuss about a nonexistent emergency?

History of Economics and Images: static and dynamic
There has been an important movement towards making available on the web a host of open courses.
Open to be open to be open…

2012: A Year in Review
INET researchers have continued their innovative work and are finding larger platforms and eager audiences for it.

Waste, waste, waste
Economics is very theoretically comfortable with what may be termed `Keynesian’ waste.
OMT: Slouching toward Eurobills?
Rigor Mortis?

Krugman and Stiglitz: Crazy Austerity Policies Inflict Untold Damage on Economy
Two Nobel laureates, an election, and a shaky economy. The message? We can do a whole lot better.

Liquidity, Down the Drain
China released quarterly GDP figures this week. Wen Jiabao emphasized the parts of the release that pointed toward stabilization, and one can certainly find some logic to that view.
Ring-fencing Explained
Situating Microeconomics
Welcome to Reading Mas-Colell!

The use of economists' biography, IV.
Excerpts from a draft introduction of Till Düppe’s and Roy Weintraub’s new book, under revision for Princeton University Press, presently carrying the working title “Finding Equilibrium: Arrow, Debreu, McKenzie and the Transformation of Economic Theory