Articles
Articles and analyses from the INET community on the key economic questions of our time.
The AI Boom Runs on an Even More Dangerous Machine (Part 2)
Silicon Valley promises abundance, but corporate America is built for extraction. The underlying operating system is stuck on making big shareholders rich the expense of everyone else. It’s time for a reboot. *From the “AI and the Future of the American Worker,” a series on how artificial intelligence is impacting labor, power, and the meaning of work. (Read Part 1 of this article here).
From Potential Output to Full Employment: A Paradigm Shift for Italian Fiscal Policy
Europe’s new fiscal rules still bind policy to fragile estimates of potential output. For Italy, targeting lower unemployment could sustain stronger growth, improve deficit outcomes, and expose the self-defeating logic of austerity when debt is measured against a stagnating economy.
Sovereign Money is not Debt: Why Central bank Accounting Must Change
Central bank money is still accounted for as debt, a legacy of an earlier monetary order. Treating sovereign money as equity would clarify central bank balance sheets, strengthen institutional transparency, and better prepare monetary systems for future digital-era design choices.