Articles
Articles and analyses from the INET community on the key economic questions of our time.
Is There a Quantitative Turn in the History of Economics (and how not to screw it up)?
The (very) recent rise of quantitative analysis in history of economics working papers calls for a closer examination of the prospects and limitations of this approach, and of the impediment to its large-scale development.
History of Economics on the Making
New topics and approaches make their way into two recent conferences on the history of economics
America’s Competition Fetish Kills Creativity and Produces Human Sheep
Margaret Heffernan on her latest book, A Bigger Prize: Why Competition Isn’t Everything And How We Do Better
New Climate-Economic Thinking
How to Recognize New Economic Thinking
The Institute for New Economic Thinking responds to an evident need for innovative approaches to understanding economic and financial processes.
We Must Lean Over Backwards
Emulate Richard Feynman: Lean over backwards so you do not fool yourself, and teach your students the discipline correctly from the start, rather than teaching them things at the start you will have to unteach them later.
Learning from Karl Polanyi
Draghi’s Doom Loop(s): More than Just the Euthanasia of the Rentiers
The tail risks that may be generated by Mario Draghi’s monetary policy innovations in the Eurozone include even more intense versions of Andrew Haldane’s “Doom Loops”
Drooping Green Shoots
Paul Krugman on the MIT History
My friend and “grown-up kid” Yann Giraud just called my attention to Paul Krugman’s recent column, “Empire of the Institute”, on Roy Weintraub’s recently edited HOPE volume “MIT and the Transformation of American Economics” (to which three Playground kids contributed: Yann, Beatrice Cherrier and myself).
How India’s Traumatic Capitalism is Reshaping the World
A British national of Bengali origin, novelist Rana Dasgupta recently turned to nonfiction to explore the explosive social and economic changes in Delhi starting in 1991, when India launched a series of profoundly transformative economic reforms.