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Many Americans have expressed outrage over Pfizer’s plan, through its merger with Allergan, to move its tax home from the United States to Ireland. Now, in a New York Times op-ed, Carl Icahn, the billionaire corporate raider turned hedge fund activist, has joined the chorus. He labels the Pfizer-Allergan deal a “travesty,” blaming the U.S.’s “uncompetitive international tax system.”

Ten years ago when Bear Stearns crashed, the Fed decided to bail out first, ask questions later. It was a mistake that set a bad precedent.

How women economists expand orientations and perspectives that can transform economics into a pluralistic, critically engaged, and socially responsive discipline.

Pharmaceutical drugs are often a matter of life or death. It should be a prime objective of government policy to rid the industry of financialization.

The co-founder of the Campaign for America’s Future, Robert Borosage, discusses the many potential pitfalls the Biden administration must deal with, from a new cold war with China, to the persistence of market fundamentalism.

The Calamity of Germany’s Distorted Perception of Italy

Getting rid of barriers to economic security is possible with the right policies at the right time. 

INET is all about thinking new things, and indeed academia is supposed to inspire great thoughts.

What we’re reading: A weekly scan of published items relevant to the Institute’s work

Why did so many Dutch voters vote for the far-right Geert Wilders?

Adam Tooze, director of Columbia University’s European Institute, discusses his new book with Rob Johnson.

A concentration of wealth and power that created a twin crisis of representation — in politics, and in expertise — set the stage for Donald Trump’s election victory, and has put America’s founding principles at risk

In Capitalism and Its Critics, New Yorker writer John Cassidy brings to life the figures who warned of monopoly power, inequality, environmental peril, and authoritarianism—forces still at work today. He discusses his book with Lynn Parramore.

Recently, our analysis has been questioned by Servaas Storm who has claimed that it is untenable to blame neo-mercantilist Germany for driving a wedge into the Eurozone. [i] It is shown below that Storm’s critique has a certain aplomb, but lacks substance.

Modern Monetary Theory is problematic. Launching large scale fiscal programs that rely on it would be skating on thin ice.