Articles
Articles and analyses from the INET community on the key economic questions of our time.

Why We Need the Knightian Uncertainty Hypothesis
INET’s President introduces a new research program that challenges orthodox assumptions about the limits of economic knowledge

Is the Opioid Overdose Crisis a Story of Supply or Demand? Depends Where You Look
Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths

The Bogus Paper that Gutted Workers’ Rights
For years, governments in India and much of the developing world have followed the advice of a paper arguing that labor regulations actually hurt workers. The problem? The research was wrong.

A Reply to Michael Grubb’s Growth-Decarbonization Optimism from Schröder and Storm
Market tweaks and incentives won’t save us from climate catastrophe. Only radical policy change will.

The Inconvenient Truth about Climate Change and the Economy
The new IPCC Report is overly optimistic about global productivity growth and fossil fuel energy use. More dramatic, immediate action is needed

Beyond the Dollar
The current international monetary system is costly, unfair, and risky. “Economic nationalism” and deregulation in the U.S. will make it worse. A multilateral alternative is needed.

Partisan Frenzy Rules Washington, but Does it Have to Rule Americans?
To connect across difference is the only thing that will save us from rule by the privileged few.
A Better Bailout Was Possible

Double Whammy: Implicit Subsidies and the Great Financial Crisis
A financial industry safety net enriches bankers and their shareholders — at our expense

Under Trump, the Next Financial Catastrophe is Cooking
Ten years after Lehman Brothers’ collapse, the Wall Street casino is running amok
When the Levee Broke

Market Power, Low Productivity, and Lagging Wages: The Real Drivers
To understand labor productivity—and growing inequality—you have to look at the “dual economy”