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

Paul Samuelson and the History of Economics
Paul Samuelson is well-known to have been a compulsive citer and for having a particular Whig program for the history of economics
2012: A Year in Review
Waste, waste, waste

Blending the Economy and Science
For one more time traveling closer to home – Mainz! It’s been the annual meeting of the German Society of the History of Science (the kind of academic club one has to be nominated for membership).

Pleasure, Happiness and Fulfillment: The Trouble With Utility
For nineteenthth century figures such as Bentham and Jevons, the concept of utility was associated with satisfaction or pleasure experienced.
Liquidity, Down the Drain

Some Considerations on ‘Rationality’
In this post, I would like to explore the views of preferences and behavior outlined in MWG Ch.1, and specifically the view of rationality developed in this first chapter.

Ring-fencing Explained
Everyone wants to ring-fence something, but they can’t agree on what: Vickers, Liikanen, Volcker.
Ring-fencing Explained
Situating Microeconomics
Welcome to Reading Mas-Colell!
QE3

The use of economists' biography, I.
Robert Solow, “Notes on Coping.” In Szenberg ed. Eminent Economists: their Life Philosophy, 1992, p270

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.