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

Meet the Man Who Helped Make the Dollar the World’s Currency
Perry Mehrling’s new book traces the rise of the dollar through the life and career of influential economist Charles Kindleberger
Luigi Pasinetti (1930-2023)

The Rise of the Global Dollar System
Why does the apparently prescient and correct “key currency” view remain an embattled minority view?

The War in Ukraine and the Revival of Military Keynesianism
The advent of military Keynesianism is a warning against complacency about the moral superiority of the West in defending Ukrainian democracy.

Sick with “Shareholder Value”: US Pharma’s Financialized Business Model During the Pandemic
Evidence sharply contradicts PhRMA’s contention that its member companies need unregulated drug prices to generate profits that they then reinvest in drug innovation.

Food Security in Africa: “This Crisis Has Shown the Limits to Africa’s Resilience”
“We risk a global decoupling in which East and West face off in a cold war, and Africans are caught in the middle,” says Professor Carlos Lopes in an interview with Folashadé Soulé and Camilla Toulmin

Collateral Damage From Higher Interest Rates
Why to Be Wary of Another Volcker-Type Monetary Tightening

New Research Shows “Hostile Sexism” in Congress Thwarts Female Leaders. Just Ask Janet Yellen.
The debilitating challenges women face in being heard are detrimental to economic prosperity and to democracy itself.

Your Summer Holiday Spot Needs Climate Action Now
Because global warming doesn’t take a holiday

6 Economic Experts Reveal the Truth About the Inflation Reduction Act
Is it good for your wallet? A climate bill in disguise? Landmark action or nothingburger? Economic experts assess the Democrats’ legislative victory for the Institute for New Economic Thinking.

What A Green Monetary Policy Could Look Like
Central banks can encourage climate-friendly investments by offering financial institutions favorable haircuts on green collateral