Articles
Articles and analyses from the INET community on the key economic questions of our time.
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
Why Digital Currency Won’t Save Us
State-issued digital money may avoid some pitfalls of cryptocurrency, but it’s no financial panacea
The Rise of Hedge Fund Activism
Austerity Caused Brexit
Boycott the Journal Rankings
Italy’s Crisis Is the Left’s Crisis
When politics is defined in terms of “populism” vs. “the mainstream,” the possibility for real economic reform is diminished.
Worrying About the Deficit is So 17th Century
In “celebration” of the late Pete Peterson’s 92nd birthday (see guest list), an excerpt from 19th Century historian Lord Macaulay’s History of England, on hundreds of years of unwarranted panic about government debt.
Jim Chanos: “Cryptocurrency is a security speculation game masquerading as a technological breakthrough”
The “dean of short sellers” says bitcoin is the last thing he’d want to own in the event of a catastrophe.
The Real Driver of Rising Inequality
Wage suppression—not monopoly power—is fueling corporate profits and the growing gap between rich and poor