Articles
Articles and analyses from the INET community on the key economic questions of our time.
The Visible Hand Writing History
[We are inaugurating something new in this blog: a jointly written post!]
Between science and history
Last Friday, philosophers from the University of Leiden hosted the symposium ‘Between Science and History,’ in an attempt to figure out what the differences are between practicing scientists’ use of history and historians use of history.
Swexit - When will Switzerland exit the euro?
Since September 2011, the Swiss National Bank has held a floor of 1.20 francs per euro.
Maynard's Revenge: A Review
Let me tell you everything
Banks as creators of money
The Clash of Economic Ideas: A Review
When Paul Krugman paints John Maynard Keynes as a pioneering critic of dominant free-market economics, he exaggerates wildly, both about the rigidity of orthodoxy and about the pioneering character of Keynes’ critique.
Relativist versus absolutist history of economics
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.
@INET Berlin: Paradigm Regained
@INET Berlin: Doing the actual work
While yesterday presented a number of frontrunning scientists discussing current economics and state of the economy in general, academic terms, today starts with ECB executive board member Asmussen.
@INET Berlin: The Great Divide
Behind all the technical language and the common theme of bashing bankers, there remains the Great Divide between Germans and the rest.
Kids Behind the Wall
@INET Berlin: Decisions
World Without Money Reconsidered
Renminbi Swap Lines
UK Budget Appeals to Adam Smith's Approach to Taxes... Sort of
Yesterday the Chancellor of the Exchequer (or UK ‘finance minister’) gave his annual budget speech where UK fiscal policy is set for the coming years.
Eurocrisis Redux
Entangling alliances or entangling leagues are nothing to the entanglements of cash owing
—Keynes
Three Questions to Judy Klein
Fed, ECB balance sheet update
Professor Ponzi, or thinking about the methodology, the sociology and the economics of economics
Bank or no bank?
Why did the ECB LTROs help?
From a money view perspective, the central issue is settlement of TARGET balances between national central banks within the Eurozone, and the key is to understand TARGET balances as a kind of interbank correspondent balance.