Articles

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

Article

The Real Story of Detroit's Collapse

Jul 23, 2013

“How could Michigan officials possibly talk about cutting the average $19,000-a-year pension benefit for municipal workers while reaffirming their pledge of$283 million in taxpayer money to a professional hockey stadium?

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On the Link between Inequality, Credit, and Macroeconomic Crises

Jun 12, 2013

To what extant do existing mainstream models properly address issues such as heterogeneity and interactions, which are considered central ingredients to understand economic crises as emergent, endogenous phenomena.

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Middle-Out Economics: A Truer Form of Capitalism

Jun 10, 2013

“Four men sat at a table. Raised sixty floors above the city, they did not speak loudly as one speaks from a height in the freedom of air and space; they kept their voices low, as befitted a cellar.”

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A chronology of economics at Carnegie (in progress)

Apr 22, 2013

To illustrate the previous post on the difficulties in putting together a chronology, here is tentative chronology of economics at Carnegie. It’s still in process, and links, sources and entries will be updated as I read.

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Lending in the Dark: China's Shadow Banking Sector

Apr 22, 2013

The proliferation of China’s opaque, loosely regulated (or unregulated) shadow-banking system has been raising fears of possible financial instability. But just how extensive – and how risky – is shadow banking in China?

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Japan's Money Base Will Be 45% of GDP: US and UK is 19%-21%

Apr 4, 2013

Japan is going to double its money supply, according to today’s front page of the Financial Times (5 April 2013), and a salient question might be what we should compare that to. It sounds like a lot, but is it?

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Where the World Economic Association Started

Apr 4, 2013

Having lunch next to Edward Fullbrook he told me the story of how the post-autistic economic review got its start, leading to what we today know as the World Economic Association and all the great work coming from this community.

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History of Economics and Images: static and dynamic

Feb 23, 2013

There has been an important movement towards making available on the web a host of open courses.

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2012: A Year in Review

Dec 21, 2012

INET researchers have continued their innovative work and are finding larger platforms and eager audiences for it.