Articles

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

Article

Lending in the Dark: China's Shadow Banking Sector

Apr 22, 2013

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?

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Japan's Money Base Will Be 45% of GDP: US and UK is 19%-21%

Apr 4, 2013

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?

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Where the World Economic Association Started

Apr 4, 2013

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.

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History of Economics and Images: static and dynamic

Feb 23, 2013

There has been an important movement towards making available on the web a host of open courses.

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2012: A Year in Review

Dec 21, 2012

INET researchers have continued their innovative work and are finding larger platforms and eager audiences for it.

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Waste, waste, waste

Dec 9, 2012

Economics is very theoretically comfortable with what may be termed `Keynesian’ waste.

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Krugman and Stiglitz: Crazy Austerity Policies Inflict Untold Damage on Economy

Oct 24, 2012

Two Nobel laureates, an election, and a shaky economy. The message? We can do a whole lot better.

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Liquidity, Down the Drain

Oct 17, 2012

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.

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The use of economists' biography, IV.

Sep 23, 2012

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