Articles
Articles and analyses from the INET community on the key economic questions of our time.
Escaping The Addiction to Private Debt Is Essential for Long-Term Economic Stability
Inflation targeting insufficient: central banks and governments must manage the quantity and mix of credit created
When is a Bubble a Bubble?
Our Hansen Moment
In which MIT decided to teach micro first so as to make economics more relevant
I’ve already blogged on how undergraduate education evolved at MIT in the postwar era here and here, but since Mike Konczal and Paul Krugman make the case that, to bring introductory economics closer to the real world, macro should be taught before micro as Samuelson did in the first 13 editions of his Economics textbook, it may be worth returning to it.
Mature history of economics
In the past decade, the volume of literature in the history of economics has been of 500 articles and just under 50 books a year. The graph below traces the count in two year intervals (articles left axis, books right axis). The absolute volume is stable but given the growth of economic literature in the period, stable might be rebranded as static.