Articles
Articles and analyses from the INET community on the key economic questions of our time.
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.
Why the World Bank’s Governance Reform Is Stuck – and How to Break the Stalemate
We examine the World Bank’s protracted and conflicted attempts at shareholding reform from 2008 to the present, situating them within the broader context of multipolarity and intensifying geopolitical rivalries.
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.