Articles
Articles and analyses from the INET community on the key economic questions of our time.
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
Postscript: A Further Look at ProMarket’s Economics
ProMarket’s new “Addendum to Retraction,” written it appears in response to our recent INET post, doubles down on its critique of our piece which showed that it is feasible for increased output to lead to reduced welfare. The ProMarket addendum is notable for its economic errors.*
The Mythology of Horizontal Merger Efficiencies
Economists had to distort economic theory to fashion their merger “efficiency” arguments
We Need a Double Pronged Public-Private Approach to Food Security
Dr. Agnes Kalibata, President of AGRA, on how the Ukraine conflict has been a big wake-up call for many African governments, the huge importance of investing in soils, and her frustration at the slow pace of climate mitigation.
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.
Profit Inflation Is Real
How This Regional Bank Mortgage Lender Crisis is Different
Every banking crisis has its own overarching narratives and coincidental streams of various sub-narratives that course through the marketplace day to day.
Merger Tests in Practice: A Critical Analysis
Current tests for mergers are in practice deeply flawed.
Private Equity is Out of Control and Looting America. This Prosecutor Says We Can Fix It.
In his new book, “Plunder: Private Equity’s Plan To Pillage America,” Brendan Ballou, a federal prosecutor who served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division, outlines the dangers of a trillion-dollar industry that hardly anyone understands. He explains how Americans can fight their harmful practices.
Bank Stocks Rallied Today, But…
Anatomy of a Banking Crisis
How to Stop Bank Runs and Get Taxpayers Off the Hook
A federal government guarantee or 100% reserve banking? Which is better?