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

The use of economists' biography, III.
“The aim would not be to unravel a hidden coherent structure of the philosophical, theoretical, political dimensions of his work, but to give a sense of the contingencies that his work was subject to – both in terms of its origins and its receptions. Don’t make up an Arrow that he himself was not aware of.” -Till to me, email conversation on Kenneth Arrow, summer 2012
QE3
A Quick One (Message to Naomi)
Sleepwalking with Heiner

The ECB Can Save the Euro – But It Has To Change Its Business Model
Paul De Grauwe raises very important questions on the institutional structure of Europe and how it must be modified to fortify the euro zone.

Paul de Grauwe: The ECB Can Save the Euro – But It Has To Change Its Business Model
In what sense are central banks really independent? From whom are they independent? For whom in society do they deliver?
Economists Coming of Age
The less you know, the better?

The Visible Hand Writing History
[We are inaugurating something new in this blog: a jointly written post!]

How to lie with statistics: An economist's guide
How representation of data can contribute to, or dispel the false certainty of statistical and econometric technique.
Between science and history

Swexit - When will Switzerland exit the euro?
Since September 2011, the Swiss National Bank has held a floor of 1.20 francs per euro.

Three questions to Ivan Moscati: Historicizing Choice Theory
Ivan Moscati is one of the most exciting voices in the historiography of decision theory.
Let me tell you everything
Banks as creators of money

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.

Life Among the Econ: Talking history with Axel Leijonhufvud
Like many economists, I have enjoyed Axel Leijonhufvud’s “Life among the Econ” and nodded appreciatively when he described the social classifications of the Econ as “Grads, Adults and Elders” and chuckled when the young grad tries to impress the elders of the ‘dept’ through adept ‘modl’ building; so when the man himself was holding a glass of champagne and chatting with me at the INET conference, I had to ask how he got that paper started.

@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.