Articles

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

Article

Young Scholars Want More Voices Heard in Economics

Dec 3, 2020

No one person or perspective holds the key to solving economic problems, says Jay Pocklington of the Institute for New Economic Thinking

Article

What Is Technology? Enabler, Accelerator, or Displacer?

Oct 2, 2020

Technology has coevolved with human societies and played critical roles in past social and economic transformations. From the invention of steam engines to the use of electricity, technological changes were responsible for boosting productivity gains and increasing standards of living. But what really is technology? Is it an external force outside our control, or do we have a say in its direction, development, and deployment? These questions were undoubtedly made more urgent with the rapid advancement in digital technologies of late.

Article

How Corruption is Becoming America’s Operating System

Oct 1, 2020

New book by Sarah Chayes reveals the country’s descent into a level of corruption usually associated with places like Nigeria and Afghanistan

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What Happens When a Noted Female Economist Fights Toxic Culture in the Field?

Sep 9, 2020

Claudia Sahm dares to call out systemic bullying and harassment that drives out talent and compromises science. Perpetrators are not happy.

Article

Summary of the Book Macroeconomic Inequality From Reagan to Trump

Sep 3, 2020

Wage Repression, Asset Price Inflation, and Structural Change Caused Rising Macroeconomic Inequality for Fifty Years from before Reagan through Trump.This is a summary of a new book that is being published as part of a new book series with Cambridge University Press.

Article

“Savings Glut” Fables and International Trade Theory: An Autopsy

Aug 11, 2020

A “global saving glut” was invented by Ben Bernanke in 2005 as a label for positive net lending (imports exceeding exports) to the American economy by the rest of the world. However, there is a more plausible explanation for the persistent trade imbalance between the US and its major trading partners.