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


Detroit, and the Bankruptcy of America’s Social Contract
What does the bankruptcy of Detroit say about the US social contract?

Understanding Bank Liquidity
The shortage of liquidity in the interbank market in China has sparked off a fear of “monetary famine.” This seems rather odd when the national savings rate is 50 per cent of GDP
Should China Deregulate Finance?

You Didn’t Build That: The Entrepreneurial State
A review of The Entrepreneurial State: Debunking Public vs. Private Sector Myths, the new book by Mariana Mazzucato

The rise of economics as engineering II: the case of MIT
Looming behind the aforementioned narratives of postwar economics is a notion – economics as engineering – which at times appears as a metaphor and at times stands for a straight depiction of economists’ professional milieu and practices.

The rise of economics as engineering I : setting the scene
The rise of the economist as engineer is, economists and historians say, an essential characteristic of the development of economics in the postwar period.

Keynesianism, neoliberalism and the 'Dissemination' of Economic Ideas: That's the Way of the World.
It is often argued that in recent years the question of the ‘dissemination’ of economic knowledge has been increasingly addressed by historians of economics.

Why Raising the Minimum Wage Makes Economic Sense
A minimum wage is a small minnow in an ocean of deficient aggregate demand

As Goes Cyprus, So Goes the European Union
All of a sudden, tiny Cyprus is making headlines. How could such a small country, with an economy approximately the size of the State of Maranhao, create such big problems?