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

Paper: Structural Transformation, Economic Development and Industrialization in Post-Covid-19 Africa
While Africa’s “premature deindustrialization” appears to be the dominant global narrative, recent analysis of the data suggests that de-industrialization is not the common experience for the majority of African countries
Antitrust Spring

How President Biden Can Fix our Trade Problem
Trump’s approach largely failed because the problem can’t be solved by tariffs. Here’s the answer.

Heading for a Crash? The Future of the Automobile Industry
How electric and self-driving cars could change the industry

James M. Buchanan, Segregation, and Virginia’s Massive Resistance
When segregationists fought against school integration, libertarian economist James Buchanan saw an opportunity for his private education plan

Affluent Authoritarianism: McGuire and Delahunt’s New Evidence on Public Opinion and Policy
New INET research shows once again that it’s large firms and the 1%—not the “median voter”—who drive U.S. policy

Final Response to Andrew Smithers
Lance Taylor and Özlem Ömer respond to Andrew Smithers’s final comment on their working paper

Final Comments on Lance Taylor’s “On the ‘Global Savings Glut”
The third and final round of response from Andrew Smithers on Lance Taylor’s INET working paper on the alleged “global savings glut.”
How Bankers Hide Losses
The Master and the Prodigy

It’s Time for a Debt “Jubilee”
Why freeing American households and businesses from crippling private debt would be a boon to the economy. Article reposted from DemocracyJournal.org.

Book Launch: Macroeconomic Inequality from Reagan to Trump
This first book in the new INET and Cambridge University Press book series, Studies in New Economic Thinking, shows that wage repression—far more than monopoly power, offshoring, or technological change—has driven rising inequality.

Comment on Lance Taylor’s “’Savings Glut’ Fables and International Trade Theory: An Autopsy”
Financial commentator Andrew Smithers responds to Lance Taylor’s INET working paper. You may also read Taylor’s response to Smithers’s comment here.