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This paper finds its origins in two important developments within mainstream economics since the financial crisis, both of which analyze the economy from the viewpoint of what Schumpeter (1954) referred to as the domain of “real” analysis of a modern market economy in contrast to “monetary” analysis.

The Eurozone crisis has been wrongly interpreted as either a crisis of fiscal profligacy or of deteriorating unit-labour cost competitiveness (caused by rigid labour markets), or a combination of both.

Robert Skidelsky and Perry Mehrling report on the project at the Institute’s 2011 Bretton Woods conference.

A fair start for every child? Let’s make it reality.

How innovation ought to be guided if it is to be successful in addressing our most pressing problems.

Joseph Bosco former China country director in the U.S. Office of the Secretary of Defense, and Jack Gao, Program Economist at INET appeared on Arirang News to discuss whether the U.S.-China rivalry will improve under a Biden administration.

Why are we creating an education shortage?

Dr. Chen Long, Director of the Luohan Academy, explains why the digital revolution is so different from the industrial revolution

William Greider, a pioneering economic journalist, passed away last month. We at INET are saddened by his loss, and in tribute to his legacy are sharing his essay from The Nation, “What Would Happen if Women Were In Charge of the Global Economy?”

China is the staging ground for an economic experiment: Can innovation succeed when it’s directed by an authoritarian stat

Jacobin Magazine features research from INET Research Director Tom Ferguson and co-authors on big business support for Donald Trump in the 2016 campaign.

Zephyr Teachout and Morris Pearl cite Michael Greenberger’s INET paper in an op-ed in the Albany Times Union

Pursuing equality while growing the economy requires reframing social spending as a form of investment.

Eugene Fama, one of the founders of the so-called “Efficient Markets Hypothesis” (EMH), articulated early on the basic narrative that underpins it: “competition… among the many [rational] intelligent participants [would result in an] efficient market at any point in time [in which] the actual price of a security will be a good estimate of its intrinsic value” (Fama, 1965, p. 56).