Articles
Articles and analyses from the INET community on the key economic questions of our time.
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.
A Better Bailout Was Possible
Back in 2008, a critical opportunity was missed when the burden of post-crisis adjustment was tilted heavily in favor of creditors relative to debtors. The result was not only prolonged stagnation, but also the Republican Party’s embrace of demagogic populism and the election of Donald Trump.
Double Whammy: Implicit Subsidies and the Great Financial Crisis
A financial industry safety net enriches bankers and their shareholders — at our expense
When the Levee Broke
Unstable Capital Flows Threaten Emerging Economies
It’s not just Turkey—from India to Indonesia, external financial liabilities are a looming threat
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”
The Rise of Hedge Fund Activism
Austerity Caused Brexit
Boycott the Journal Rankings
Journal rankings are a rigged game. The blacklist of history of economic thought journals isn’t a fluke nor a conspiracy—it exposes how citation rankings really work
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.
How the Largest Banks Are Leading Us to a New Financial Crisis
By evading regulation of credit default swaps, the major U.S. banks put taxpayers—and the entire economy—at risk
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
Argentina’s Unseen Fragility
With growth fueled by an increase in debt, Argentina is facing an uncertain economic future, despite investors’ generally rosy view. The government of Mauricio Macri has options to address the country’s macroeconomic risks, but none of them will be free of tough choices.