Articles
Articles and analyses from the INET community on the key economic questions of our time.
Can We Avoid a Franken-Future with AI?
In his new book, Mindless, acclaimed economic historian Robert Skidelsky urges readers to pause and reflect on the delicate balance between advancing technology and our human essence.
What Is a “Fair” Drug Price?
The “Fortune 500” of 1812
By 1812 the U.S. already had more business corporations than any other country and possibly more than all other countries combined.
Forget the Posturing – The Inflation Reduction Act May Work Better Than Many Expected
The IRA has the potential to rectify the imbalance between public benefit and private incentives
Oil and the Energy Crisis of the 1970s: A Reanalysis
An excerpt from Revolt of the Rich: How the Politics of the 1970s Widened America’s Class Divide by David N. Gibbs, published by Columbia University Press (2024)
The Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economy
In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.
Industrial Policy Is a Good Idea, but So Far We Don’t Have One
The American state has lost the capacity for concentrated and decisive effort at the forefront of technology and the associated science.
Overdraft Fees, Credit Card Late Fees, and the Lump of Profit Fallacy
Predetermined profit margins and prices hidden in the back end of a transaction are really just market failures.
Inflation and Power
Trump, Populism, and the Republican Establishment: Two Graphs From New Hampshire
This year’s New Hampshire primary testifies to the disintegration of the Republican Party
What’s the Fate of Social Security in a Brutally Unequal America?
White House contenders ignore root causes threatening the program, potentially worsened by cuts. Is it due to reliance on wealthy donors?
How GM’s $10-Billion Buyback May Ice Its EV Transition
Reindustrialization vs Financialization