Articles

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

Article

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

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The use of economists' biography, III.

Sep 19, 2012

“The aim would not be to unravel a hidden coherent structure of the philosophical, theoretical, political dimensions of his work, but to give a sense of the contingencies that his work was subject to – both in terms of its origins and its receptions. Don’t make up an Arrow that he himself was not aware of.” -Till to me, email conversation on Kenneth Arrow, summer 2012

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The ECB Can Save the Euro – But It Has To Change Its Business Model

Jul 29, 2012

Paul De Grauwe raises very important questions on the institutional structure of Europe and how it must be modified to fortify the euro zone.

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Paul de Grauwe: The ECB Can Save the Euro – But It Has To Change Its Business Model

Jul 29, 2012

In what sense are central banks really independent? From whom are they independent? For whom in society do they deliver?

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The Visible Hand Writing History

Jul 7, 2012

[We are inaugurating something new in this blog: a jointly written post!]

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How to lie with statistics: An economist's guide

Jul 2, 2012

How representation of data can contribute to, or dispel the false certainty of statistical and econometric technique.

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Swexit - When will Switzerland exit the euro?

Jun 6, 2012

Since September 2011, the Swiss National Bank has held a floor of 1.20 francs per euro.

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Three questions to Ivan Moscati: Historicizing Choice Theory

May 31, 2012

Ivan Moscati is one of the most exciting voices in the historiography of decision theory.

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Relativist versus absolutist history of economics

Apr 22, 2012

I don’t seem to be able to fully grasp Mark Blaug’s distinction between a relativist and an absolutist approach to the history of economics – first introduced in Economic Theory in Retrospect (1962) – and that is a source of much frustration.