Articles

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

Article

They called it a sunspot

Dec 7, 2014

One of the earliest attempts to tackle the problem of multiple equilibria in Macroeconomics was a byproduct of David Cass and Karl Shell’s engagement with Robert Lucas’s 1972 paper on ‘Expectations and the Neutrality of Money.’

Article

A History of the JEL Codes: Classifying Economics During the War [Part 1]

Oct 15, 2014

In the spring of 1940, as the war in Europe escalated and the likelihood of American involvement grew greater and greater, scientists understood that they would soon be drafted to help national defense planning.

Article

The IMF and Human Development: Little Progress and Worrisome Trends

Oct 13, 2014

The International Monetary Fund and the World Bank celebrate their 70th anniversary this year, yet few countries have been eager to join the festivities.