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

The AI Boom Runs on an Even More Dangerous Machine (Part 1)
AI is powered by more than algorithms – underneath is a flawed, decades-old corporate operating system that redirects gains away from workers. The good news: It doesn’t have to be this way. Part of “AI and the Future of the American Worker,” a series on how artificial intelligence is impacting labor, power, and the meaning of work.

Sovereign Money is not Debt: Why Central bank Accounting Must Change
Central bank money is still accounted for as debt, a legacy of an earlier monetary order. Treating sovereign money as equity would clarify central bank balance sheets, strengthen institutional transparency, and better prepare monetary systems for future digital-era design choices.

Are We Reforming Global Health or Washing Our Hands Of It?
Global health financing is collapsing just as demands on health systems are rising. As funding retreats and reform debates intensify, a deeper question emerges about who bears the costs, and whether today’s fixes risk creating lasting damage that will be difficult to reverse.

Why Chase Taylor Swift? Stop the Corporate Looting That Makes Billionaires.
A case for tackling the corporate machinery driving extreme wealth, and the reforms that could truly curb it.

Is That New Procedure Proven? MedTech Billing Codes and Evidence-Based Medicine
Introduced by the AMA in 2001, Category III CPT codes aimed to streamline financial reporting. Instead they became entangled in a politically driven, zero-sum reimbursement game.
Education of a Grandmaster

Trillions for War, Pennies for People: How Soaring Military Spending Fails Americans
William Hartung and Ben Freeman, authors of Trillion Dollar War Machine, talk with INET’s Lynn Parramore about America’s runaway defense spending and its increasingly alarming human toll

The U.S. Is Betting the Economy on ‘Scaling’ AI: Where Is the Intelligence When One Needs It?
Storm argues the AI data-centre investment boom is creating a bubble that will be socially and financially expensive when it pops.

Distribution Matters: Flawed Welfare Foundations in Classic Free Trade Arguments
The argument that free trade is always the correct policy is based on a flawed welfare analysis. Free trade results in winners and losers and economists are not competent to analyze the impact on well-being as a whole or the spillover social consequences of the discontent of the losers.

The Hidden History Fueling Tariffs, Shutdowns, and National Breakdown
From political slugfests to classroom battles, historian Marc Egnal talks with INET’s Lynn Parramore about the need for a new approach to our national story.

Economist Chris Hughes on the Fed, Crypto, and the Danger of Trump’s Vision
Hughes discusses his recent book Marketcrafters, and how markets are deliberately built with outcomes that can serve the public good – or not. He uses this lens to unpack today’s economic flashpoints, from the Fed to crypto to climate.