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

Bernanke v. Kindleberger: Which Credit Channel?
In the papers of economist Charles Kindleberger, Perry Mehrling found notes on the paper that won Ben Bernanke his Nobel Prize.
Beware of Toxic Innovation

Goats and Graduate Students: Working with and Learning from Lance Taylor
In memory of Lance Taylor

China’s Development Path: Indigenous Innovation and Global Competition
China’s successful technological development path stands in contrast to the corporate financialization model in the United States
The Fed Tackles Kalecki

The Lost World of Sovereign Bankruptcy and the Future of Government Default
Pari passu clauses were deliberately crafted to gain an upper hand in sovereign bankruptcy disputes brought to the London stock exchange’s jurisdiction

Why The Ukraine Crisis Will Make Little Difference to Dollar Supremacy
The depth of the U.S. securities market helps ensure dollar hegemony

Axel Leijunhufvud, Wide-Ranging Economist
An obituary for Axel Leijunhufvud (Sept 6, 1933 - May 5, 2022)

Giant Tech Firms Plan to Read Your Mind and Control Your Emotions. Can They Be Stopped?
Author and law professor Maurice Stucke explains why the practices of Google, Amazon, Facebook, and Apple are so dangerous and what’s really required to rein them in. Hint: Current proposals are unlikely to work.

Event Video: MLK 55 Years Later: Can The Church Study War No More?
On April 4th, 1967, at a time when the justness and necessity of the Vietnam War was broadly accepted, Dr. King issued a stirring rebuke of the U.S. establishment. He was criticized heavily for challenging US foreign policy; he was told to stick to civil rights.

Letter to SEC: How Stock Buybacks Undermine Investment in Innovation for the Sake of Stock-Price Manipulation
A comment on the Securities and Exchange Commission’s proposed rule “Share Repurchase Disclosure Modernization”

Paper: Digital Access and Economic Transformation in Africa
An overview of the current digital access landscape in Africa