Articles
Articles and analyses from the INET community on the key economic questions of our time.
Fixed exchange rates
As we prepare to digest the implications of this week’s ECB move, it seems worthwhile to take a look at the monetary economics of fixed exchange rates.
Is there an ECB?
At Home in Economics
We Are Greg Mankiw… or Not?
Amid mass unemployment and economic turmoil, instructors who lecture on the superiority of free markets without acknowledging the dysfunction in the wider economy are at risk of appearing out of touch and exacerbating antipathy towards economics.
A Response to John Kay: Elements of an Evolutionary Paradigm
INET published a paper, written by John Kay, that deals with the relationship between economics and the world we live in. The Map Is Not the Territory: An Essay on the State of Economics spells out methodological critiques of economic theory in general, and of DSGE models and rational expectations in particular.