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

A Quick One (Message to Naomi)
Yesterday, I had my first introductory economics seminar with my new students.
The fix was in

Leakage as historiographic genre @ HES 2012
If the meetings of European historians of economics are urbane and cosmopolitan, the meetings of American historians are, by contrast, frank and toilful.

Inclusive wealth and the history of GDP
The International Human Dimensions Programme on Global Environmental Change (IHDP) recently published the Inclusive Wealth Report 2012, in which the authors propose a measure of wealth based on the stock of capital present in a country, as opposed to the flow measure of GDP.
The Visible Hand Writing History

Economics at Chicago, 1939-1955: the scope of our ignorance
The University of Chicago is well-known for as the place where a famous group of economists, including Milton Friedman, Georges Stigler, Gary Becker, among others, developed a method for analyzing economic facts based on Marshallian price theory, a vision of the evolution of macroeconomic aggregates called monetarism, and an approach to individual liberties and the role of the state known as (neo)liberalism.

Division of labour was common knowledge by the 1770s
I always think of Adam Smith when I hear the term ‘division of labour’ - but I’m being cured of this by reading a bit more about Britains late 18th century in Jenny Uglow’s The Lunar Men.

Maynard's Revenge: A Review
Below is a revised version of a talk I gave at the New School University, at a conference to launch Lance Taylor’s latest book. The date of the event was April 28, 2011, more than a year ago, and the delay in revision was entirely my fault—overcommitment and pressing deadlines on many fronts. Sorry about that.

Let me tell you everything
Banks as creators of money
Mehrling on Soros

Feelings Offstage
INET Berlin 2012 - back home again. On stage, it’s been a huge amount of claims, assertions, and arguments about what went wrong, about what exactly happened, about why this time was different, about what will certainly happen, and about what remains deeply uncertain, about what “we” shall do about it, about what “we” could do better.

@INET Berlin: Paradigm Regained
The title of the conference, “Paradigm Lost,” is an obvious combination of two references.

Blogging Live from Berlin - Any Requests?
Just wanted to let you all know that amongst the distinguished, distinguishable and disturbing people at the INET conference we have inserted ourselves in the middle to do some interviews, attend talks and blog about what is going on.