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

Russell’s Teapot: Dispatches From the Final Stage of the AI Bubble
What if the AI future being sold to markets rests on claims that cannot survive scrutiny? From superintelligence to mass job loss, the loudest promises around generative AI begin to look less like foresight than hype dressed up as inevitability.

One Affordability Battle After Another: What to do about the growing damage from the AI-Fossil Fuel Industrial Complex
Affordability of electricity and concerns about fossil fuel pollution, water resources, and job loss, have driven a rebellion against data centers that is both grassroots and bipartisan. It’s time for cleaner, faster and cheaper solutions.

Failed State, Failed Market: Europe’s Bid to Reprice Social Media Harms
Europe’s social media crackdown is less about “speech wars” than a long-overdue attempt to price the public damage created by large platforms.

Debt, Austerity, and the New EU Rules: Why Italy’s “Reform” Path Still Leads Nowhere
Europe’s revamped fiscal rules promise discipline and stability, but Italy’s numbers tell a different story. Once realistic multipliers and hysteresis are built in, consolidation pushes debt up, growth down, and recessionary pressure outwards across the eurozone, hardly a recipe for sustainability.

AI, Antitrust, and the Future of the Marketplace of Ideas
AI was sold as a tool to broaden the marketplace of ideas. Instead, a handful of platforms now control how truth travels, shaping what we see, starving journalism, and locking new AI rivals out of the data democracy needs to survive.

Not the Fix—The Tell: The Meaning of a $100,000 H-1B Fee
The new $100,000 H-1B fee tacitly acknowledges what early policy architects signaled: expanding temporary tech visas can depress domestic wages. By bringing the fully loaded cost of a new H1B hire closer to what the local market would require to recruit and retain comparable talent, it narrows the wedge between visa-enabled staffing and hiring Americans at market rates.

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.

Labor Day 2025: The Great Crash (of the Economists)
Contrary to what many economic models suggest, salaries aren’t constantly recalibrated based on skills or technology. They follow the economy and politics—and common sense: hire when needed, promote from within, and slow hiring when budgets tighten.

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.

The Inflation Reduction Act’s Impact on Pharmaceutical Innovation: What Real Evidence Shows
Has the Inflation Reduction Act hindered pharmaceutical innovation? Evidence shows that the pharma industry can strategically manage disruptive change.