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

Has the Dodd-Frank Act had its intended effect?

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

The pandemic and electrification are shaking the foundations of the auto industry

Getting published in a top five economics journal is a near-requirement for tenure. But it’s a poor measure of research quality within a system that punishes creativity.

The idea that economics has recently gone through an empirical turn –that it went from theory to data– is all over the place. I argue that this transformation has been oversimplified and mischaracterized.

Venture-backed “tech capital” is reshaping U.S. politics through campaign finance, platform gatekeeping, defense/AI procurement, and policy entrepreneurship. In an interview with Nick French, INET’s Research Director Thomas Ferguson discusses these channels of influence, examining their macro-distributional consequences, and outlining guardrails to restore democratic accountability and broadly shared gains.

A response to Phillip Magness in The Wall Street Journal

After an era of vigorous expansion a downturn can reveal a large stock of debt relative to the economy’s capacity to service it.

A Response to Heiner Flassbeck’s questions about the Institute’s Council on the Euro Crisis

To able to deal with these consequences, our crisis response now should not lock us in into a permanent state of austerity, greater inequality and heightened vulnerability to future health calamities. New-old social democratic solutions are needed more than ever before.

“We risk a global decoupling in which East and West face off in a cold war, and Africans are caught in the middle,” says Professor Carlos Lopes in an interview with Folashadé Soulé and Camilla Toulmin

To what extent is profit-led inflation compatible with what we know about the price-setting behavior of firms and income distribution?

Growing income inequality is threatening the American middle class, and the middle class is vanishing before our eyes. We are still one country, but the stretch of incomes is fraying the unity of our nation.