Articles

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

Article

How God, Adam Smith, and the invisible hand changes over time

Jan 5, 2012

So with a suitably provocative title I think we can declare 2012 open.

Article

What a liquidity crisis looks like

Nov 28, 2011

Bloomberg’s reporters continue their diligent work looking back on the Fed’s lending in the subprime crisis.

Article

Financial (De)Globalization and the European Experiment

Nov 22, 2011

Europe is embarked on a grand experiment, managing modern financial crisis without a dealer of last resort, so refusing to follow the lead of the 2008 Fed.

Article

Toxic Textbooks

Nov 7, 2011

The Toxic Textbooks movement devotes energy to curriculum reform as well. Its purpose is to galvanize student protests and “encourage schools and universities to use economics textbooks that engage honestly with the real world.”

Article

Making Markets

Oct 17, 2011

Plumbing Matters

Article

A Response to John Kay's Essay on the State of Economics

Oct 10, 2011

The optimism embedded in the efficient market hypothesis has been one of the main sources of the recent turmoil

Article

Bretton Woods, Past and Present: 3. Models in Economics

Sep 24, 2011

I cannot resist but to start quoting Mary Morgan’s second entry to the second edition of the New Palgrave: “Modeling became the dominant methodology of economics during the 20th century.”

Article

Twisting in the Wind

Sep 24, 2011

Article

Bazooka

Sep 17, 2011

Article

Bretton Woods, Past and Present: 1. Ethics in Economics

Sep 10, 2011

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.