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

Red Tech and American Politics: Nick French Interviews Thomas Ferguson
Venture-backed “tech capital” is reshaping U.S. politics through campaign finance, platform gatekeeping, defense/AI procurement, and policy entrepreneurship. In an interview with Nick French, INET’s Research Director Thomas Ferguson discusses these channels of influence, examining their macro-distributional consequences, and outlining guardrails to restore democratic accountability and broadly shared gains.

Drug Price Wars: What Can Really Tame Big Pharma?
Here’s the breakdown on what’s really driving America’s runaway drug prices — and whether any of the current plans stand a chance to lower your pharmacy bill.

Bretton Woods: A System That Can’t Be Fixed—But Can Be Made Fairer and More Effective
The IMF and World Bank can no longer function as instruments that discipline some member countries while deferring to others. Their challenge is to transform the exercise of power among member countries into a framework of mutual respect and cooperation.

Economists Warn: Trump’s Intel Move Looks Like Performance, Not Policy
Two economists who have studied Intel warn that Trump’s move to take a stake in the company amounts to flashy optics, incoherent strategy, and a creeping politicization of economic policy.

Jim Chanos on Crypto, AI, and Casino Capitalism
The famed short-seller reminds us that technology might advance, but we’re still a pretty predictable bunch of apes.

Behind the Tariff Dilemma: Kalecki on Structuralist Development Policy
On the occasion of the 70th anniversary of Kalecki’s seminal lecture in Mexico on financing economic development, Jan Toporowski’s INET Working Paper considers the relevance of structuralism and Kalecki’s view of economic development for today.

What’s Next for Capitalism — Reinvention or Authoritarian Rule?
In Capitalism and Its Critics, New Yorker writer John Cassidy brings to life the figures who warned of monopoly power, inequality, environmental peril, and authoritarianism—forces still at work today. He discusses his book with Lynn Parramore.
Europe’s Gas Roller Coaster

What the Economy Is Really For — And Why Tariffs Miss the Point
The money to support well-paid American jobs exists—it’s just being hoarded at the top. Economist William Lazonick argues that this is not just unfair; it’s a failure of the whole economic system.

“Founders Would Be Horrified”: Renowned Historian Drops Truth-Bomb on American Revolution and Lessons for Today
Professor Marc Egnal of York University joins the Institute for New Economic Thinking’s Lynn Parramore to explore why historians cling to an inaccurate and misleading narrative, and what we can learn from the real history about tyranny, checks and balances, imperialism — and resistance.

Breaking the Moat: DeepSeek and the Democratization of AI
DeepSeek’s appearance is changing the AI landscape in more ways than we might think.