Articles
Articles and analyses from the INET community on the key economic questions of our time.
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Summary of the Book Macroeconomic Inequality From Reagan to Trump
Wage Repression, Asset Price Inflation, and Structural Change Caused Rising Macroeconomic Inequality for Fifty Years from before Reagan through Trump.This is a summary of a new book that is being published as part of a new book series with Cambridge University Press.
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Comment on Lance Taylor’s “’Savings Glut’ Fables and International Trade Theory: An Autopsy”
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Reply to Andrew Smithers
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“Savings Glut” Fables and International Trade Theory: An Autopsy
A “global saving glut” was invented by Ben Bernanke in 2005 as a label for positive net lending (imports exceeding exports) to the American economy by the rest of the world. However, there is a more plausible explanation for the persistent trade imbalance between the US and its major trading partners.
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Why International Financial Regulation Still Falls Short
Despite post-2008 regulations, the boom-bust credit cycle continues to run wild