Articles
Articles and analyses from the INET community on the key economic questions of our time.
The man who will not win the Nobel
Last Spring Larry Summers wounded Thomas Piketty in a friendly embrace.
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
Readers of Minsky are familiar with the idea that governments should act as financial stabilizing agents for their economies by running surpluses in times of boom and deficits in times of crises.
Self-Control and Public Pensions
The Nature of Invention
Post-Crash Economics
We Can Blog it!
The more reflexive mode brought by the financial crisis to macroeconomics made economists more outspoken about methodological, historical and sociological issues: how have we come to the DSGE dogma? What are its limitations? How can we produce alternative knowledge? Do publishing practices favor a “monolithic” thinking, and if so, how can we change it? What about the graduate training in economics?
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
When is a Bubble a Bubble?
Bubbles have become a major focus of discussion in today’s financial markets. But very few people actually define what they mean when describing this financial phenomenon.
Modeling a World of Imperfect Knowledge
Does it matter if the Rational Expectations Hypothesis is unrealistic?
Harry Dexter White and the History of Bretton Woods
Why does Benn Steil’s history of Bretton Woods distort the ideas of Harry Dexter White?