Articles
Articles and analyses from the INET community on the key economic questions of our time.
Lords of Finance Redux
Financial Globalization versus the Nation State
At its core, this rolling crisis is really about financial globalization.
Twisting in the Wind
China as bank of the world?
Progress in Economics: A Comment
Bazooka
Bank of the world, three ways
The U.S., in aggregate, acts as a bank to the rest of the world. The precise role of that bank has evolved over the course of the crisis.
Bretton Woods, Past and Present: 1. Ethics in Economics
Our interviews in the halls of the Mount Washington Hotel, covered the range of opinion about the severity of conflicts of interest in economics: we are alright; economics is no more corrupted than other sciences; corruption is substantial; it is rotten to the core.
Warren J. Samuels (1933-2011)
Copper standard
I am late to the party on the inventive use of copper by Chinese companies seeking alternative sources of funds.
Haircuts and Instability
Economics and Politics
Moral Hazard in Congress
When $3 trillion is not enough
Who does original research?
Refinance Euro-style
Wanted to buy: $2T in safe assets
Two FT pieces by Tracy Alloway caught my eye this week: this article from Tuesday’s print edition, and this post on Alphaville today.
When the US last defaulted...
The government and the market
Ron Paul's Modest Proposal
A PBoC balance sheet primer
Introducing the Jazz economist
Can It Happen Again?
Was Adam Smith a communist?
In his two-tome, 1400 page Dutch Leerboek der Staathuishoudkunde (Textbook of Economics), first published in 1884, Nicolaas Pierson (1839 - 1909) accuses the great Scotsman of being a communist – or at least of consciously clearing the way for the socialists with their ideal of a communist society.