Archive
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Article
Book Launch: Macroeconomic Inequality from Reagan to Trump
Sep 10, 2020
This first book in the new INET and Cambridge University Press book series, Studies in New Economic Thinking, shows that wage repression—far more than monopoly power, offshoring, or technological change—has driven rising inequality.
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Article
America’s Dire Inequality Demands a New Conceptual Framework. This Economist Has One.
Sep 10, 2020
In a new book from Cambridge University Press, Lance Taylor reveals that wage repression — far more than monopoly power, offshoring or technological change — is driving rising inequality.
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What Happens When a Noted Female Economist Fights Toxic Culture in the Field?
Sep 9, 2020
Claudia Sahm dares to call out systemic bullying and harassment that drives out talent and compromises science. Perpetrators are not happy.
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Summary of the Book Macroeconomic Inequality From Reagan to Trump
Sep 3, 2020
Wage Repression, Asset Price Inflation, and Structural Change Caused Rising Macroeconomic Inequality for Fifty Years from before Reagan through Trump.This is a summary of a new book that is being published as part of a new book series with Cambridge University Press.
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US Tax Dollars Funded Every New Pharmaceutical in the Last Decade
Sep 2, 2020
Amid debates over costs—and profits—from a coronavirus vaccine, a new study shows that taxpayers have been footing the bill for every new drug approved between 2010 and 2019
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Professor Kako Nubukpo: COVID-19 Shows that Global Value Chains Shouldn’t Keep Africa in Chains of Dependence
Sep 1, 2020
During this interview, Professor Kako Nubukpo, Dean of the Faculty of Economics at the University of Lomé, Togo and former Minister of Prospective and Evaluation of Public Policy of Togo considers the economic and social impact of the COVID-19 crisis and its repercussions on monetary policy and fiscal reforms underway in West and Central Africa today.
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Pr Kako Nubukpo: « Le Covid-19 montre que les chaînes de valeur mondiales ne devraient pas être des chaînes de dépendance pour l’Afrique »
Sep 1, 2020
Dans le cadre de cet entretien, Pr Kako Nubukpo, Doyen de la Faculté des Sciences Economiques et de Gestion (FASEG) de l’Université de Lomé au Togo, et ancien Ministre de la Prospective et de l’Evaluation des politiques publiques du Togo, revient sur l’impact économique et social de la crise du COVID-19 au Togo et sur ses répercussions sur les politiques économiques dont les réformes monétaires et fiscales en cours en Afrique de l’Ouest et Centrale.
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Article
Second Round: Final Reply to Smithers
Aug 31, 2020
Lance Taylor provides a second and final response to Andrew Smithers’ criticism of his working paper on the role of the “Global Savings Glut”
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Second Round: The Labor Share of Corporate Income
Aug 31, 2020
Andrew Smithers responds to Lance Taylor’s rebuttal.
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Comment on Lance Taylor’s “’Savings Glut’ Fables and International Trade Theory: An Autopsy”
Aug 24, 2020
Financial commentator Andrew Smithers responds to Lance Taylor’s INET working paper. You may also read Taylor’s response to Smithers’s comment here.
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Article
Reply to Andrew Smithers
Aug 24, 2020
Lance Taylor responds to Andrew Smithers’s comment on his INET working paper, “Germany and China Have Savings Gluts, the USA Is a Sump: So What?”
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Article
How Dairy Monopolies Keep Milk Off the Shelves
Aug 19, 2020
Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.
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Article
“Savings Glut” Fables and International Trade Theory: An Autopsy
Aug 11, 2020
A “global saving glut” was invented by Ben Bernanke in 2005 as a label for positive net lending (imports exceeding exports) to the American economy by the rest of the world. However, there is a more plausible explanation for the persistent trade imbalance between the US and its major trading partners.
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Article
Why International Financial Regulation Still Falls Short
Aug 5, 2020
Despite post-2008 regulations, the boom-bust credit cycle continues to run wild
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Article
African Youth Lead Response to COVID-19
Aug 4, 2020
Chioma Agwuegbo of TechHer Nigeria, talks to Folashadé Soulé and Herbert Mba Aki about how the pandemic is impacting young people in Nigeria, especially young women, and how African youth are tackling the crisis.