Articles
Articles and analyses from the INET community on the key economic questions of our time.
The Fleming Myth and the Public Sector Contribution to Discovery and Development of New Cancer Drugs
Abstract, “basic science” research is essential to drug discovery. It is also largely funded by the public sector.
How Market Sentiment Underpins Knightian Uncertainty
We find empirical evidence that changes in market sentiment drive unforeseeable change in how stock returns unfold over time, thereby engendering Knightian uncertainty.
Modigliani Meets Minsky: Inequality and U.S. Household Debt Since 1950
A look at the American household debt boom
Patents vs. the Pandemic
Who Benefits When the Price of Insulin Soars?
Contrary to pharmaceutical company claims, revenue from high insulin prices are going to shareholders, not R&D
Covid-19 Hits the Dual Economy
Incomes Destroyed at the Bottom, Profits Supported at the Top
Top Economist: Instead of Basic Income, Let’s Keep People Working Productively During the Crisis
William Lazonick emphasizes that keeping workers productively employed is key to economic recovery from Covid-19 as well as a healthy economic future
Who's Responsible Here?
Kari Polanyi Levitt
Some Personal Reflections on a Half Century of Friendship and Appreciation
Freedom from Fossil Fuels is Good for Your Health
Freeing ourselves from reliance on fossil fuels is not only good for the planet and future generations. It also saves lives here and now, not just in the far future.
Sunshine and Gloom in San Diego
Free Market or Socialism: Have Economists Really Anything to Say?
On the Modern Economic Theory of Incentives, Markets, and Socialism