Articles

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

Article

A New Economic Paradigm to Fight Populism

Jun 15, 2016

Globalisation was once considered a doctrine of salvation - but it has produced too many losers and created a breeding ground for heralds of simplistic truths. It is high time for a new doctrine.

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Rebirth of the School: Why We Invested in the History of Economic Thought Website

Jun 2, 2016

The Institute is proud to welcome the revival of an indispensable resource for those seeking to understand the evolution of economics in context

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How Do Investors Approach the Stock Market in a Wild Election Cycle?

Jun 1, 2016

Neither the Rational Expectations Hypothesis nor behavioral finance approaches alone provides an adequate predictor of investor behavior, argues Roman Frydman

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The History of Economic Thought website is reborn

May 21, 2016

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.

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A Global Marshall Plan for Joblessness?

May 11, 2016

The corrosive social and economic effects of what have now become ‘normal’ unemployment levels require new solutions, and tradewithout full employment exacerbates the problem

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Helicopter Money on a Leash?

May 10, 2016

Any use of money-financed fiscal expansion as a policy tool will require rules to ensure discipline and avoid excess

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When Economists Attack

Apr 20, 2016

How Gerald Friedman’s assessment of Bernie Sanders economic proposals prompted a rare public political spat among economists.

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​The Road not Taken

Apr 19, 2016

Axel Leijonhufvud showed economists a promising path forward. They should have taken it. Leijonhufvud passed away on May 5, 2022

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In EU budget debates, ‘technocratic’ veil hides political choices

Apr 8, 2016

As the European Union Commission readies itself for a new round of budgetary recommendations, INET senior economist Orsola Costantini warns that that the debate over how those harsh fiscal constraints are to be determined is based on a formula that masks political choices as technocratic imperatives.