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Article
The $5.3 Trillion Question Behind America’s COVID-19 Failure
Jul 24, 2020
That’s the amount of buybacks U.S. corporations funneled to shareholders during the past decade—rather than invest in technologies for the common good. This article is being published jointly by INET and The American Prospect
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Article
Postscript to INET’s Symposium on the Banking Crisis
Mar 27, 2023
Austerity for ordinary citizens and bank rescues for the affluent is a toxic mix
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Article
Libertarians and the Vaccine: Give Me Liberty and Give Them Death
Aug 9, 2021
If libertarians wish to maintain their self-centered fixation on their own freedoms without considering others, let them do so — in indefinite quarantine from the rest of us.
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Article
You Didn’t Build That: The Entrepreneurial State
Jul 8, 2013
A review of The Entrepreneurial State: Debunking Public vs. Private Sector Myths, the new book by Mariana Mazzucato
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Article
Economics as engineering III: Carnegie stories
Mar 23, 2014
The “economics and engineering” line of argument is part of economists’ rhetoric.
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Article
Piketty and thinking about economics
Apr 18, 2014
There is a new economics rock-star touring the US by all accounts, and his name is Thomas Piketty.
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Podcasts
Iconik: Beyond ESG
Feb 2, 2023
Alex Thaler, the CEO of the software platform Iconik, and Iconik advisor Adam Cummings discuss how the platform helps shareholders create personalized voting profiles for shareholder meetings, allowing them to increase their influence over companies and give management a clearer awareness of investor goals without abrupt and embarrassing conflict.
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Article
We’ll Always Need Paris
Jun 29, 2017
Faced with rapid cost reductions for clean electricity generation, some commentators suggest that we no longer need the Paris agreement or other policy interventions, because technology alone can solve all problems.
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Article
A Socialist Market Economy With Chinese Contradictions
Jan 3, 2017
Beijing’s leaders face a critical dilemma over a credit boom that imperils China’s prospects for a smooth transition to a sustainable economic path
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Article
Inequality As Policy: Selective Trade Protectionism Favors Higher Earners
Oct 27, 2016
Offshoring manufacturing may have hurt many working people in America, but professionals and intellectual property have been robustly protected
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Article
A Response to John Kay's Essay on the State of Economics
Oct 5, 2011
The financial crisis of 2007-2009 should have been sufficient empirical evidence to indicate that the axiomatic basis of the mainstream theory needs to be replaced.
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Video
How the FED's QE Contributed to Inequality
Aug 3, 2016
Epstein discusses financial reform, central banking, and how the FED actually contributed to economic inequality.
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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
The link between health spending and life expectancy: The US is an outlier
Aug 18, 2016
The US stands out as an outlier: the US spends far more on health than any other country, yet the life expectancy of the American population is not longer but actually shorter than in other countries that spend far less.
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Article
The Wealth Effects of Bailouts: A Quantitative Assessment
May 9, 2020
Once again, income earned by the many is used to save the wealth of the few.