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Is China is “too big to fail.”?

Clear rules and sound principles for debt restructuring would level the playing field between developing countries and creditors

This note comments on Eric Weinstein’s, “How and Why Government, Universities, and Industries Create Domestic Labor Shortages of Scientists and High-Tech Workers,” posted recently on INET’s website.

Struggles over shadow money today echo 19th century struggles over bank deposits.

On the Modern Economic Theory of Incentives, Markets, and Socialism

In this conversation with Folashadé Soulé and Camilla Toulmin, Pr Takyiwaa Manuh analyses how the pandemic has disproportionately affected women at different levels especially in Ghana, and describes why governments need to focus more strongly on the gendered impacts of COVID-19 in both their sanitary and economic response.

Bullet-point financial reform proposals are either too simple or too vague.

Margaret Heffernan on her latest book, A Bigger Prize: Why Competition Isn’t Everything And How We Do Better

In his new book, “Plunder: Private Equity’s Plan To Pillage America,” Brendan Ballou, a federal prosecutor who served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division, outlines the dangers of a trillion-dollar industry that hardly anyone understands. He explains how Americans can fight their harmful practices.

In a fresh release from INET’s book series with Cambridge University Press, renowned German economic historian Carl-Ludwig Holtfrerich uncovers the startling truth behind German currency reform usually hailed as the foundation of the post-war German economic miracle: Ludwig Erhard, who cooperated with the Nazis, unjustly claimed the spotlight, overshadowing the real architect, Edward Tenenbaum.

The solutions to Greece’s crisis challenge many existing economic paradigms, including the concept of “money” itself.

The untold story of shadow banking

Dean Baker, senior economist with the Center for Economic and Policy Research, talks about how geopolitical and economic tensions between the US and China benefit powerful elite sectors in the US, but are bad for working people.

Any use of money-financed fiscal expansion as a policy tool will require rules to ensure discipline and avoid excess