Articles
Articles and analyses from the INET community on the key economic questions of our time.
Relativist versus absolutist history of economics
I don’t seem to be able to fully grasp Mark Blaug’s distinction between a relativist and an absolutist approach to the history of economics – first introduced in Economic Theory in Retrospect (1962) – and that is a source of much frustration.
@INET Berlin: Paradigm Regained
@INET Berlin: Doing the actual work
While yesterday presented a number of frontrunning scientists discussing current economics and state of the economy in general, academic terms, today starts with ECB executive board member Asmussen.
@INET Berlin: The Great Divide
Behind all the technical language and the common theme of bashing bankers, there remains the Great Divide between Germans and the rest.
Kids Behind the Wall
@INET Berlin: Decisions
World Without Money Reconsidered
Renminbi Swap Lines
UK Budget Appeals to Adam Smith's Approach to Taxes... Sort of
Yesterday the Chancellor of the Exchequer (or UK ‘finance minister’) gave his annual budget speech where UK fiscal policy is set for the coming years.
Eurocrisis Redux
Entangling alliances or entangling leagues are nothing to the entanglements of cash owing
—Keynes
Three Questions to Judy Klein
Fed, ECB balance sheet update
Professor Ponzi, or thinking about the methodology, the sociology and the economics of economics
Bank or no bank?
Why did the ECB LTROs help?
From a money view perspective, the central issue is settlement of TARGET balances between national central banks within the Eurozone, and the key is to understand TARGET balances as a kind of interbank correspondent balance.
Delicate balance
The current account still matters, but other things do too, and maybe more. In light of recent focus on gross flows, here and elsewhere, I want to argue for the language of the balance of payments.
The IMF and the Collateral Crunch
Why is the IMF getting involved in the Eurocrisis, and why is its involvement taking the form of lending to individual member states of the Eurozone?
We Are Greg Mankiw… or Not?
Liquidity, Public and Private
Does econ blogging open new conversations (part II): lessons from Mike Konczal, Noah Smith, Mark Thoma and Milton Friedman
The INET roundtable on “new conversations and the academy” took place a week ago. Most panelists were bloggers, including Mike Konczal from RortyBomb and Noah Smith from Noahopinion.