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

The Mechanical Turn in Economics and Its Consequences
In the age of Adam Smith, an economics that masqueraded as natural science and excluded the human condition actually suited the interests of the landed and the wealthy
China’s Weapons of Trade War

China’s Economic Challenges May Soon Include Inequality
Research by Thomas Piketty, partly funded by the Institute, shows that wealth and income gaps in China are now larger than Europe’s, and approaching those of the US

Euroland: Will the Netherlands be the next domino to fall?
Austerity has nurtured resentments that will likely make the populist right PVV the biggest winner in the March 15 election — but without the majority or the allies needed to govern

Trumping Capitalism?
Donald Trump’s presidency is a symptom of an interregnum between economic orders – a period that will result in a new balance between state and market. While his administration’s economic policies are unlikely to provide the right answer, they may at least show the world what not to do.

Johnson: Elites Eying the Exits Signals America's Crisis
Institute President Rob Johnson interviewed by the New Yorker on hedge-fund managers and the market for air strips in New Zealand

INET's Turner Warns Against 'Fantasy' of Stimulating Economies Through Financial Deregulation
There is no good case for major deregulation of the US financial sector, warns INET Board Chairman Adair Turner, and any backsliding by a Trump administration on banks’ capital requirements instituted globally after 2008 will be very dangerous

Robots, Universal Basic Income, and the Welfare State
Evidence thus far questions the assumption that robotics are eliminating jobs. INET Senior Vice President for Programs Rick McGahey says the UBI debate should focus on the long-term weakening of labor’s bargaining power

A New Tool For Teaching Pluralist Economics
Students in Europe have created an important resource for those seeking alternative curricular materials

Inequality in the United States: A Darkening Horizon
Institute for New Economic Thinking-backed research into inequality explores how taxes and government policy have contributed to deepening economic inequality
Capitalism in the Time of Trump?

Volcker: Tackle the Unfinished Business of 2008
The Volcker Alliance has launched a series of new papers with important proposals for reforming financial regulations to guard against future crises