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

Euro Summit Statement Explained
Okay, so here is the statement, but what does it mean? Felix Salmon offers an unnamed advisor’s flowchart. Let’s see if Money View thinking can do better.
The Price is wrong
First Liquidity, then Solvency

A Response to John Kay's essay on the State of Economics
The future of macro, he says, may well make “the formation and revision of expectations an object of analysis in its own right.”

The Map Is Not the Territory: An Essay on the State of Economics
The reputation of economics and economists, never high, has been a victim of the crash of 2008.
Twisting in the Wind
China as bank of the world?
Progress in Economics: A Comment


Bretton Woods, Past and Present: 2. Progress in Economics
Ok, time to deal with the elephant in the room: when is one theory better than the other? What is progress in economics?

Warren J. Samuels (1933-2011)
On this blog, we like to overstate quite a bit our irreverence towards the establishment and in particular our senior colleagues.

Professors share their experience with teaching intro economics
In response to the walkout staged by students in the intro economics class at Harvard, the Institute launched the syllabus project, 30 Ways to Teach Economics.
Haircuts and Instability
Economics and Politics
Moral Hazard in Congress
When $3 trillion is not enough

Who does original research?
INET is all about thinking new things, and indeed academia is supposed to inspire great thoughts.

When the US last defaulted...
The government and the market
Ron Paul's Modest Proposal
A PBoC balance sheet primer

Introducing the Jazz economist
You would have thought that to be a “jazz economist” was a good thing. I first imagined a “cool cat” that would entrance the hearts and minds of the populace. Not so.