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

The Black Woman Economist Who Pioneered a Federal Jobs Guarantee
Decades before it caught on with other economists, Sadie Alexander was the first economist to recommend a government jobs guarantee in the US

The Hidden Decline in Human Capital—and the Danger Ahead
U.S. GDP accounting underestimates intangible capital, overstates financial capital, and is all but oblivious to the the erosion of human and social capital. A serious growth slowdown is coming.

Piketty's World Inequality Review: A Critical Analysis
Thomas Piketty and his colleagues have insisted that tax records are better for measuring inequality than income surveys. They’re wrong.

When the Middle Class Lost Its Wealth
Until 2008, rising home values gave the middle class a cushion amid growing income inequality. But following the financial crisis, that wealth has failed to return.

Apple’s “Capital Return Program”: Where Are the Patient Capitalists?
Instead of rewarding the taxpayers and employees who actually create value for the tech giant, Apple is doling out massive stock buybacks
Beyond the Dollar

Inequality Represents a Wasted Opportunity for Poverty Reduction
Economists who dismiss inequality as a problem secondary to poverty miss the point: Inequality is part of what drives poverty

The Tyranny of the Top Five Journals
Getting published in a top five economics journal is a near-requirement for tenure. But it’s a poor measure of research quality within a system that punishes creativity.

Mainstream Macroeconomics and Modern Monetary Theory: What Really Divides Them?
Despite disparate policy beliefs, MMT and orthodox macro rely on many of the same theoretical foundations

The Problem with Paying Executives in Stock
In Europe and the United States, stock-based compensation discourages long-term corporate sustainability
The Zero-Sum Economy
The Mechanics of Cryptocurrency

Rethinking Social Progress in the 21st Century
A new report examines the path to global social progress. Unfortunately, there are no easy answers