Articles
Articles and analyses from the INET community on the key economic questions of our time.
Mortality Crisis Redux: The Economics of Despair
The health crisis afflicting working-class Americans recalls similar symptoms in Russia following the collapse of communism
Experts on Trial: Introduction
Can “It” Happen Again? Defining the Battlefield for a Theoretical Revolution in Economics
As part of our “Experts on Trial Series”, Antonella Palumbo argues for stripping away ‘scientific’ shibboleths that mask social and political choices
China’s Weapons of Trade War
A trade war would undoubtedly hurt both sides. But there is reason to believe that the US has more to lose. If nothing else, the Chinese seem to know precisely which weapons they have available to them. China could stop purchasing US aircraft, impose an embargo.
Is Inequality a Political Choice?
Research by INET-affiliated scholars shows the US lags far behind its peers on inclusive growth, suggesting inequality is not an inevitable consequence of globalization and technology
Three Economic Surprises to Watch for in 2017
Institute Governing Board member Anatole Kaletsky argues that the Trump Administration’s policies will boost inflation and spur interest-hikes as well as a stronger dollar more rapidly than many expect, but that the European Union’s economy is on the mend
America’s Failures of Representation and Prospects for Democracy
A concentration of wealth and power that created a twin crisis of representation — in politics, and in expertise — set the stage for Donald Trump’s election victory, and has put America’s founding principles at risk
Race May be Pseudo-Science, But Economists Ignore it at their Peril
Presented by Professor Dan O’Flaherty at the Institute’s conference on the economics of race in Detroit on 11 November, 2016
If CEO Pay Was Measured Properly, It Would Look Even More Outrageous
Research funded by the Institute for New Economic Thinking has revealed that the SEC reports executive compensation using a formula that routinely undercounts it
Chanos: Is a big change underway in global capitalism?
Milwaukee-born short-seller Jim Chanos, founder and managing partner of New York-based Kynikos Associates, teaches University of Wisconsin and Yale business students about corporate fraud. During his life and career, he has witnessed seismic shifts in economic thinking and the relationship between labor and capital. Chanos shares his thoughts on the world emerging from the election of Donald Trump and the tumultuous political events of 2016.
The Geopolitics of Populism
Heckman Study: Investment in Early Childhood Education Yields Substantial Gains for the Economy
Capitalism in the Time of Trump?
Older workers in Rust-Belt States have been economic losers since Reagan
Slight increases in national-average earnings for older workers mask long-run stagnation and decline in Michigan, Ohio, Pennsylvania and Wisconsin – states that unexpectedly voted for Donal Trump