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

In Memoriam, Jack Treynor
Remarks at a memorial service for pioneering financial analyst Jack Treynor Memorial, MIT Chapel, June 19, 2016
From Keynes to Lucas, and Beyond

What we learn about inequality from Carl Icahn’s $2 billion Apple “no brainer”
The company’s focus on stock buybacks to increase shareholder value is a reminder of why so much of the value created daily by millions of workers ends up in the hands of the billionaires

How to relax and start loving the robots
Anxiety over human labor being replaced by cyborgs may be in vogue, but it’s overblown — machines may help us achieve healthier and more meaningful lives

Tunisia in Turmoil: When Supply-Side Orthodoxy Meets an Angry Citizenry
Mass protests challenging the government to focus on job-creation rather than on market liberalization and trade deals may carry a cautionary message to Western policy makers, too.

How the term “mainstream economics” became mainstream: a speculation
From 1958 onward, the back cover of Paul Samuelson’s bestselling textbook, Economics, showed a family-tree of economists. The diagram’s evolution, in particular its use of the term “mainstream economics,” reflected, and, I speculate, influenced how economists came to perceive the structure of their discipline.

Should the state be doing more to fix the economy?
What we’re reading: A weekly scan of published items relevant to the Institute’s work

Improving the Teaching of Econometrics
A major shift is needed in the Econometrics curriculum for both graduate and undergraduate teaching to include modern topics.
Minimum Wages & Job Loss

Keynes passed away 70 years ago today – his copyright follows
Keynes passed away 70 years ago today, with his copyright now expiring, there is an opportunity to build a digital archive of all his work

Why Liberal Economists Dish Out Despair
Orthodox macroeconomics has become a place where visions die and hopes are banished, for both liberals and conservatives.
Towards a theory of shadow money

Can ‘matching markets’ concept help Europe manage its refugee crisis?
European Union countries are facing an epic challenge of integrating more than 1 million refugees from conflict zones in the Middle East and beyond.