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

Overdraft Fees, Credit Card Late Fees, and the Lump of Profit Fallacy
Predetermined profit margins and prices hidden in the back end of a transaction are really just market failures.
Inflation and Power

Trump, Populism, and the Republican Establishment: Two Graphs From New Hampshire
This year’s New Hampshire primary testifies to the disintegration of the Republican Party

What’s the Fate of Social Security in a Brutally Unequal America?
White House contenders ignore root causes threatening the program, potentially worsened by cuts. Is it due to reliance on wealthy donors?

How GM’s $10-Billion Buyback May Ice Its EV Transition
Reindustrialization vs Financialization

Africa’s Crisis Is Also an Opportunity
“If we get our policy, politics, and institutions right, African economies and society could gain greater energy and food security, built on green competition and taking strong action on climate change.“ —Professor Chuks Okereke, Director of the Centre for Climate Change and Development at Alex Ekwueme Federal University
Theories of Economic Crises

In the Footsteps of Ptolemy: The ‘Science of Monetary Policy’ and the Inflation of 2021-2023
The impenetrability of this continuously expanding Ptolemaic New Keynesian paradigm is maddening

Antitrust Enforcement in the Crosshairs
Post-Chicago Economists vs. New Brandeisians on the New Merger Guidelines

The Mythology of Horizontal Merger Efficiencies
Economists had to distort economic theory to fashion their merger “efficiency” arguments

Labor Economist: AI May Bring a Boom in Horrible Jobs
Losing jobs isn’t the only thing workers have to worry about. AI may make many jobs worse.

Why is Getting Old So Hard and Expensive in America? New Book Challenges How We Think.
In The Measure of Our Age, elder justice expert M.T. Connolly, who served as coordinator of the Department of Justice’s Elder Justice Initiative, offers both a warning and challenge: the systems we rely on to protect us as we age haven’t caught up to our longevity. Good news: we have the tools to build better ones.