Archive
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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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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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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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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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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
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Article
Austerity Caused Brexit
Aug 2, 2018
Places hit hardest by austerity cuts were more likely to vote for UKIP and Leave
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Article
Boycott the Journal Rankings
Jul 27, 2018
Journal rankings are a rigged game. The blacklist of history of economic thought journals isn’t a fluke nor a conspiracy—it exposes how citation rankings really work
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Article
America’s White Collar Middle Class Takes a Terrifying Slide Down the Mobility Ladder
Jul 24, 2018
Alissa Quart’s new book chronicles the pain of a disgruntled class that could change the country’s political landscape.