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

Trump and Wealth-Price Inflation: Still Running in the Background All the Time
Consumer demand by America’s most affluent citizens is driving consumer spending, and consumer spending, in turn, is the main force keeping inflation so high

America’s Health Insurance Grinches: A Scathing Indictment of “Market” Economics
The country’s flawed insurance model, driven by greed, leads to inefficiency, inequality, and denied care - a colossal scam that has sparked fury across the nation.

Political Investments
An interview with Thomas Ferguson on the 2024 US election conducted by Andrew Yamakawa Elrod and Tim Barker for Phenomenal World
America at the End of Its Tether
The German Coal Industry and the Rise of Hitler: A Reassessment
The key role coal industrialists played in supporting and financing the eventual Nazi triumph

Can We Avoid a Franken-Future with AI?
In his new book, Mindless, acclaimed economic historian Robert Skidelsky urges readers to pause and reflect on the delicate balance between advancing technology and our human essence.
What Is a “Fair” Drug Price?

The “Fortune 500” of 1812
By 1812 the U.S. already had more business corporations than any other country and possibly more than all other countries combined.

Forget the Posturing – The Inflation Reduction Act May Work Better Than Many Expected
The IRA has the potential to rectify the imbalance between public benefit and private incentives

Oil and the Energy Crisis of the 1970s: A Reanalysis
An excerpt from Revolt of the Rich: How the Politics of the 1970s Widened America’s Class Divide by David N. Gibbs, published by Columbia University Press (2024)

The Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economy
In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.

Industrial Policy Is a Good Idea, but So Far We Don’t Have One
The American state has lost the capacity for concentrated and decisive effort at the forefront of technology and the associated science.