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

Brexit: The Tectonic Plates
The Brexit referendum is nothing less than an earthquake. But when an earthquake happens, seismologists try to understand how and why the tectonic plates had been shifting, and the pressures that had been building to bring about the event. The causes underlying every earthquake are specific in how they come together, even if they are seen in different places.
In Memoriam, Jack Treynor

Global Money: A Work in Progress
A dollar-denominated global economy means the Fed is at once the bankers bank and government bank, as well as both U.S. central bank and global central bank — managing that hybrid is the challenge of our time

Who's talking about getting fiscal?
What we’re reading: Recent statements from the IMF and the OECD highlight a growing call for new economic policy thinking in response to the specter of long-term stagnation

Profound Changes in Economics Have Made Left vs. Right Debates Irrelevant
New economic thinking has the potential to make political debates far more productive

Learning to think about shadow banking
Why most economists did not see the 2008 crash coming
Is Wall Street Doing its Job?

How the computer transformed economics. And didn’t.
The shift toward applied economics in the last 40 years is usually associated with the development of computers and datasets. Yet, the success of computer-based approaches is highly selective, and what computerization failed to change in economics is equally remarkable.

Could fiscal policy changes revive US economic growth? Some contributions towards answering that question
Renewed interest by policymakers in the challenges of long-term slow economic growth highlights the importance of the Institute’s research
Helicopter Money on a Leash?

Shadow banking’s enduring perils
Five lessons from the last crisis — for managing the next one

Austerity without debt relief courts new unrest in Greece
Economist James K. Galbraith warns that ‘unrealistic expectations’ by Athens’ creditors is a recipe for turmoil
When Economists Attack
The Road not Taken

Three Questions with Dean Corbae
Dean Corbae is a leader of the Markets network and Professor of Finance, Investment, and Banking at the Wisconsin School of Business, where he also holds an appointment in the Department of Economics. His current research focuses on consumer credit and bankruptcy, foreclosures, and banking industry dynamics.