Articles
Articles and analyses from the INET community on the key economic questions of our time.
Financial Globalization versus the Nation State
At its core, this rolling crisis is really about financial globalization.
Progress in Economics: A Comment
Bazooka
@Academia and Public, Berlin: And then it was all about the history...
It’s not everyday that one finds economists using history as not just the right way but the only way to answer a question.
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.
Disaggregate, disaggregate!
Warren J. Samuels (1933-2011)
Of the difference between the historian and the filmmaker
Months ago, I got a message from a friend that was a swift and excited line: Errol Morris was writing a series of posts about science, even more remarkable about Thomas Kuhn.
Copper standard
I am late to the party on the inventive use of copper by Chinese companies seeking alternative sources of funds.
Okay, leadership, but by whom?
Haircuts and Instability
Economics and Politics
Moral Hazard in Congress
When $3 trillion is not enough
Who does original research?
Refinance Euro-style
Paul Samuelson, Women and the History of Economics (Part 1)
Paul Samuelson was notorious for many things, but also, like Marshall, for spending most of his academic life in the same institution.
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?
Disdain or paranoia for historians of economics?
The organizers of Duke’s Summer Institute on the history of economics were so worried that students might be embarrassed to ask their supervisors for a letter of recommendation, or that the supervisors would say it’s a waste of time to study history, so they took a last minute decision to cancel the need for a letter of recommendation.
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.
Brinkmanship or Statesmanship?
Shocks
A Cold Case
Are banks firms? (continued)
Are banks firms?
Chinese property: a money view
International money, take 1
As a matter of accounting, if the U.S. as a whole buys from the rest of the world more than it sells to the rest of the world, then it must, on net, also be borrowing from the rest of the world. Perry has previously put this into a money-view context.