Articles

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

Article

Nothing Natural About the Natural Rate of Unemployment

Nov 24, 2017

With unemployment reaching very low levels in major economies, despite low – and slowly rising – inflation, it’s time for central banks to rethink their reliance on the so-called natural rate. No numerical target for this rate can serve as an anchor for monetary policy.

Article

How Despair Helped Drive Trump to Victory

Nov 16, 2017

From the Rust Belt to Rural America, Economic and Social Distress Helped Shape the 2016 US Presidential Election Outcome

Article

Puerto Rico Is Getting Squeezed, and It Will Cost All of Us

Sep 12, 2017

The path of austerity could spread economic pain and social woes far beyond the Caribbean island, says public debt expert Martin Guzman 

Article

The Real Cause of the Italian Bank Bailouts and Euro Banking Troubles

Jul 19, 2017

How a Banking Union Has Created Deep Divisions that Undermine the Eurozone’s Stability

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Imbalances in China's International Payments System

Jul 13, 2017

Why it’s urgent that China adjust its balance of payment structure and safeguard its foreign assets

Article

Did Young Voters Swing the 2017 UK General Election Result?

Jun 12, 2017

This blog post looks at the aggregate picture and collates some micro evidence in a more robust estimating framework to shed light on this question.

Article

America Last

Jun 8, 2017

Trump’s withdrawal from the Paris accord sets the US economy back

Article

The Moral Burden on Economists

Apr 13, 2017

In his 2017 presidential address to the National Economic Association, Professor Darrick Hamilton warned that treating economics as a morally neutral ‘science’, and the discipline’s limited attention to structural barriers and overemphasis individual agency, has resulted in bad economics, and bad policy particularly as it relates to racial disparity.