Articles
Articles and analyses from the INET community on the key economic questions of our time.
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.
Mature history of economics
Do social movements create new ideas?
The short answer is yes. For the long answer I will make you sit through seven paragraphs.
Institute for New Economic Thinking Launches Project to Reform Undergraduate Syllabus
In response to widespread discontent among students, employers, and university teachers, a project to create a new core curriculum for economics was launched at a seminar hosted by HM Treasury today. The CORE curriculum project, funded by the Institute for New Economic Thinking, convened the meeting, which was attended by academics, policymakers, business leaders, and students from around the world.
The World Needs Eurobonds Now More Than Ever
The United States government openly flirting with a default on its debt is, to the financial system, like a Pope wondering out loud about the existence of God.
America’s Debt-Ceiling Debacle
When Greece’s sovereign-debt crisis threatened the euro’s survival, U.S. officials called their European counterparts to express bewilderment at their inability to resolve the issue.
What is Economic Success?
Why Economics Needs Economic History
The current economic and financial crisis has given rise to a vigorous debate about the state of economics, and the training which graduate and undergraduates economics students are receiving. Importantly, among those arguing most strongly for a change in the way that young economists are trained are the ultimate employers of these students, in both the private and the public sector. Employers are increasingly complaining that young economists don’t understand how the financial system actually works, and are ill-prepared to think about appropriate policies at a time of crisis.
Five Years on from Lehman: The More Things Change, the More They Stay the Same
Sadly, it is questionable whether the economy has really improved.
The End of 'Financialization'
Simon Johnson: The Problem of Too Big to Fail Is Even Bigger Than Before 2008
Simon Johnson, Professor at MIT and former chief economist of the IMF, calls for much higher capital requirements for big banks.
Did Capitalism Fail? Looking Back Five Years After Lehman
How could reputable ratings agencies – and investment banks – misjudge things so badly?
Europe: Is the Union over?
Bring on the Bubble: William Janeway on the Future of Green Technologies
Where will today’s innovation come from?