Archive
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Article
Mortgage Fraud Fueled the Financial Crisis—and Could Again
Sep 7, 2018
Both before 2008 and today, there’s a disturbing tendency in Washington to not take mortgage fraud seriously
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Article
Mainstream Macroeconomics and Modern Monetary Theory: What Really Divides Them?
Sep 6, 2018
Despite disparate policy beliefs, MMT and orthodox macro rely on many of the same theoretical foundations
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Article
The Problem with Paying Executives in Stock
Sep 4, 2018
In Europe and the United States, stock-based compensation discourages long-term corporate sustainability
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Article
When the Levee Broke
Sep 4, 2018
Ten years ago, the financial crisis washed away faith and trust in economics as a guide to social prosperity. Filling a void is difficult. We are still hard at work.
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Article
Why We Should Worry About Monopsony
Sep 2, 2018
When a small group of companies can dominate a labor market, wages—and workers—suffer
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Article
America’s Broken Retirement System is a Recipe for Political Chaos
Aug 27, 2018
Expanding, rather than cutting, Social Security is the solution
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Article
Unstable Capital Flows Threaten Emerging Economies
Aug 24, 2018
It’s not just Turkey—from India to Indonesia, external financial liabilities are a looming threat
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Article
Market Power, Low Productivity, and Lagging Wages: The Real Drivers
Aug 23, 2018
To understand labor productivity—and growing inequality—you have to look at the “dual economy”
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Article
Social Stability and Resource Allocation within Business Groups
Aug 22, 2018
In China, the government uses the purses strings of state-owned enterprises to control social unrest
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Article
The Zero-Sum Economy
Aug 20, 2018
The anthropologist David Graeber has argued that as much as 30% of all work is performed in “bullshit jobs,” which are unnecessary to produce truly valuable goods and services but arise from competition for income and status. But the deeper problem is that more and more economic activity performs a merely distributive function.
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Article
The Mechanics of Cryptocurrency
Aug 15, 2018
INET Global Commissioner Peter Bofinger breaks down cryptocurrencies, and why they’re actually far from “anonymous”
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Article
Rethinking Social Progress in the 21st Century
Aug 14, 2018
A new report examines the path to global social progress. Unfortunately, there are no easy answers
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Article
Why Digital Currency Won’t Save Us
Aug 13, 2018
State-issued digital money may avoid some pitfalls of cryptocurrency, but it’s no financial panacea
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Article
Macroeconomics and the Italian Vote
Aug 6, 2018
To understand the rise of the League and 5 Star Movement, look at economic indicators
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Article
The Rise of Hedge Fund Activism
Aug 3, 2018
How corporate raiders coopted “shareholder democracy” for their own ends