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

A Response to John Kay's Essay on the State of Economics
The financial crisis of 2007-2009 should have been sufficient empirical evidence to indicate that the axiomatic basis of the mainstream theory needs to be replaced.
Europe Ground Zero
Twisting in the Wind

China as bank of the world?
Can the renminbi displace the dollar as the world’s international money?

Progress in Economics: A Comment
I thought I could use some of my illegitimate blog administrator’s privileges to participate in the discussion on the “progress in economics” post by Floris without being lost in the midst of other users’ comments.
Bank of the world, three ways
Bank of the World


Disaggregate, disaggregate!
Last June at a History of Social Science workshop , David Engerman presented a paper on the Harvard’s Refugee Interview Project (1950-1954).
Copper standard
Okay, leadership, but by whom?
Haircuts and Instability
Economics and Politics


When $3 trillion is not enough
I interviewed Victor Shih, political scientist at Northwestern, at INET’s Bretton Woods conference earlier this year.
Deficits and Money
When the US last defaulted...
The government and the market


A PBoC balance sheet primer
Last time, I looked at the Chinese property market. The last link in that chain of financial interlinkages is the People’s Bank of China, the Chinese central bank.
Introducing the Jazz economist
Can It Happen Again?
Was Adam Smith a communist?
Brinkmanship or Statesmanship?
Shocks
A Cold Case
