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

Kids Behind the Wall
On my way back home from the Brandenburger Tor, I recalled that I already have been there, it must have been in 1988.
@INET Berlin: Decisions
World Without Money Reconsidered
Renminbi Swap Lines

Eurocrisis Redux
Entangling alliances or entangling leagues are nothing to the entanglements of cash owing
—Keynes

The Dynamics of the Chicago / MIT Dispute (in the Archives)
In his notorious “How Did Economists Get It So Wrong” NYT article in 2009, Paul Krugman relied on the freshwater/saltwater distinction to explain that the economists’ inability to predict and solve the current economics crisis was due to the fact that MIT/Harvard economics lost their long dispute against their Chicagoan counterparts.
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?

Delicate balance
The current account still matters, but other things do too, and maybe more. In light of recent focus on gross flows, here and elsewhere, I want to argue for the language of the balance of payments.

Marion Fourcade and historians of economics: a quiet revolution?
In recent years, an increasingly significant part of the history of economics has modeled itself after the methodologies developed by Science and Technology Studies (STS) scholars.
Heterodoxy and The Economist
Fixed exchange rates


First the ECB, then the IMF, Part One
The fact of the matter is that European bank funding markets are collapsing onto the ECB balance sheet.
We Are Greg Mankiw… or Not?
Liquidity, Public and Private

These dangerous postmodern relativists, Part I: Merchants of doubt
A recent e-mail conversation I had with Harro Maas concerning one of my latest drafts (shameless self-promotion) made me buy and read Naomi Oreskes and Erik Conway’s, Merchants of Doubts.

Roger Backhouse and Bradley Bateman: How can history stimulate new economic thinking?
The following text was sent to us by Roger Backhouse and Bradley Bateman, we reproduce it in its entirety.
Imagining a New Intro Economics
Economics in Uncertain Times
What's in a name?
Euro Summit Statement Explained

NGDP target, in practice
Last week Goldman Sachs published a note in favor of the Fed’s adopting a formal nominal GDP target, while Fed-watchers caught a whiff of a possible change in policy in the works.