Articles
Articles and analyses from the INET community on the key economic questions of our time.
Social Stability and Resource Allocation within Business Groups
In China, the government uses the purses strings of state-owned enterprises to control social unrest
The Zero-Sum Economy
The Mechanics of Cryptocurrency
The Rise of Hedge Fund Activism
Austerity Caused Brexit
Boycott the Journal Rankings
America’s White Collar Middle Class Takes a Terrifying Slide Down the Mobility Ladder
Alissa Quart’s new book chronicles the pain of a disgruntled class that could change the country’s political landscape.
Ending the Wild West of Sovereign Debt Restructuring
Clear rules and sound principles for debt restructuring would level the playing field between developing countries and creditors
Italy Holds A Mirror to a Broken Europe
The election of Italy’s right-wing, populist government exposes the economic and democratic shortcomings of the European project and its nationalist rivals
The Roots of Argentina’s Surprise Crisis
A change in macroeconomic policies will not be sufficient to set Argentina on a path of inclusive and sustained economic development. But, as last month’s currency scare showed, abandoning the approach adopted by President Mauricio Macri’s administration at the end of 2015 is a necessary step.
Argentina’s Unseen Fragility
To Reform Capitalism, Look to Marx
200 years after Marx’s birth, many elites have taken unabashed pride in capitalism, a term that originally had negative connotations. To make our economy more just, we must reclaim Marx’s understanding of capitalism’s contradictions.
The Forgotten Vision of Market Socialism
200 years after Marx’s birth, a look at how two economists sought to reconcile his idea of common ownership with market mechanisms
Samuel Bowles Remembers Martin Luther King
The economist reflects back on the racial justice leader who showed him the limits of his academic training.
The Hidden Network That Propelled Civil Rights in America
Martin Luther King, Jr. and other civil rights leaders relied on black entrepreneurs to make their work possible
Visions Beyond the Haunted House
Waiting for the Chinese Bear Stearns
Unregulated, speculative lending markets nearly brought down the global financial system 10 years ago. Now, Western banks are exporting this failed model to the developing world.