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

Now You See It, Now You Don’t: Antitrust Arguments “Chicago Style”
ProMarket and the Consumer Welfare Standard An output increase is not sufficient to increase welfare. Allocation—how goods are distributed—matters.

The Origins of the Investment Theory of Party Competition
Preface to the Japanese Edition of Golden Rule

Economics v. the Earth: New Book Explores the History of a Tense Relationship
Fredrik Albritton Jonsson and Carl Wennerlind reveal how centuries of belief in infinite growth on a finite planet have put us all in danger
Profit Inflation Is Real
We Owe an Apology to Adam Smith

Markups, Profit Shares, and Cost-Push-Profit-Led Inflation
To what extent is profit-led inflation compatible with what we know about the price-setting behavior of firms and income distribution?

Sexual Harassment and Wages: The Paradox of Power
The wage effect of hostile working conditions, mainly in terms of sexual harassment risk in the workplace, should be considered and monitored as a first critical step in making women less vulnerable at work and increasing their bargaining power.

Should We Focus on the Problems of the Elite, or Those Faced by the Majority of the African Population?
Professor Youba Sokona, Vice-Chair of the Intergovernmental Panel on Climate Change (IPCC) and African energy specialist, on how the Ukraine conflict had re-shaped thinking amongst many Africans, and on the transformation in leadership needed to address the problems faced by the majority of Africa’s people.

¿Otra crisis de la deuda en el Sur Global? Economista revela la clave para entenderla.
Martín Guzmán, ex ministro de Economía de Argentina, explica cómo el rol del poder debe ser central en la investigación económica, especialmente cuando se trata de deuda soberana.
Anatomy of a Banking Crisis

Postscript to INET’s Symposium on the Banking Crisis
Austerity for ordinary citizens and bank rescues for the affluent is a toxic mix

Edward J. Kane: A Short Tribute

The Two Global Consensuses That Defined the Development Paradigm in Ghana Are Under Threat
Honorary Vice President at IMANI Center for policy and education, Bright Simons, on the challenges Ghana is facing