Articles
Articles and analyses from the INET community on the key economic questions of our time.
They called it a sunspot
One of the earliest attempts to tackle the problem of multiple equilibria in Macroeconomics was a byproduct of David Cass and Karl Shell’s engagement with Robert Lucas’s 1972 paper on ‘Expectations and the Neutrality of Money.’
A History of the JEL Codes: Classifying Economics During the War [Part 1]
In the spring of 1940, as the war in Europe escalated and the likelihood of American involvement grew greater and greater, scientists understood that they would soon be drafted to help national defense planning.
The IMF and Human Development: Little Progress and Worrisome Trends
The International Monetary Fund and the World Bank celebrate their 70th anniversary this year, yet few countries have been eager to join the festivities.
What's Holding Back Reform in Economics?
Before reforming economics, we need to reform the discourse.
Pasinetti on Institutional Forces and the Discipline of Economics
Ever since 2008, increasing numbers of economists, students, and even market professionals have protested the way economics is currently taught and practiced.
Destabilizing A Stable Crisis
Self-Control and Public Pensions
The Nature of Invention
Post-Crash Economics
Robert Skidelsky knocks the scientific halo off mainstream economists’ teaching and research
Macrowars, economists' narratives, and my dreamed history of macro
The last straw in the enduring blog debate over microfoundations has taken a decisive historical turn.
Macroeconomics in Perspective
Macroeconomics in Perspective
Capital Markets Balkanization Should Not Prevent Regulation
Fears that bank regulation or capital controls could lead to a “balkanisation” of global capital markets are overstated and should not constrain policy action to address the problems created by volatile short term capital flows and excessive credit creation, says Adair Turner, Senior Fellow at the Institute for New Economic Thinking and former chairman of the United Kingdom Financial Services Authority.