Articles
Articles and analyses from the INET community on the key economic questions of our time.
Economists are Divided over Brexit
Some predict global economic catastrophe if Britain votes to leave the EU, others foresee a more limited set of consequences — and some see a telling trend in the public ignoring economists’ warnings
From Keynes to Lucas, and Beyond
How to relax and start loving the robots
Anxiety over human labor being replaced by cyborgs may be in vogue, but it’s overblown — machines may help us achieve healthier and more meaningful lives
Rebirth of the School: Why We Invested in the History of Economic Thought Website
The Institute is proud to welcome the revival of an indispensable resource for those seeking to understand the evolution of economics in context
How the term “mainstream economics” became mainstream: a speculation
From 1958 onward, the back cover of Paul Samuelson’s bestselling textbook, Economics, showed a family-tree of economists. The diagram’s evolution, in particular its use of the term “mainstream economics,” reflected, and, I speculate, influenced how economists came to perceive the structure of their discipline.
The History of Economic Thought website is reborn
I am pleased to announce that the History of Economic Thought Website is back. I am thankful for the assistance of the Institute for New Economic Thinking (INET), which has supported its revival and made it possible.
Is Wall Street Doing its Job?
Improving the Teaching of Econometrics
A major shift is needed in the Econometrics curriculum for both graduate and undergraduate teaching to include modern topics.
A Global Marshall Plan for Joblessness?
The corrosive social and economic effects of what have now become ‘normal’ unemployment levels require new solutions, and tradewithout full employment exacerbates the problem
Why Liberal Economists Dish Out Despair
Orthodox macroeconomics has become a place where visions die and hopes are banished, for both liberals and conservatives.
When Economists Attack
How Gerald Friedman’s assessment of Bernie Sanders economic proposals prompted a rare public political spat among economists.
Towards a theory of shadow money
We Stopped Pfizer’s Tax Dodge, Now Let’s End the Buybacks
Industrial journalist Ken Jacobson and economist William Lazonick (both of the Academic-Industry Research Network), call for an end to stock market manipulation through buybacks.