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 optimism embedded in the efficient market hypothesis has been one of the main sources of the recent turmoil
Lords of Finance Redux


Bretton Woods, Past and Present: 3. Models in Economics
I cannot resist but to start quoting Mary Morgan’s second entry to the second edition of the New Palgrave: “Modeling became the dominant methodology of economics during the 20th century.”
Twisting in the Wind
China as bank of the world?
Progress in Economics: A Comment
Bazooka
Bank of the world, three ways

Bretton Woods, Past and Present: 1. Ethics in Economics
Our interviews in the halls of the Mount Washington Hotel, covered the range of opinion about the severity of conflicts of interest in economics: we are alright; economics is no more corrupted than other sciences; corruption is substantial; it is rotten to the core.

Fizzle at Jackson Hole
Disaggregate, disaggregate!
Warren J. Samuels (1933-2011)
Copper standard


Economics and Politics
Moral Hazard in Congress
When $3 trillion is not enough
Who does original research?
Refinance Euro-style
Deficits and Money

Wanted to buy: $2T in safe assets
Two FT pieces by Tracy Alloway caught my eye this week: this article from Tuesday’s print edition, and this post on Alphaville today.

When the US last defaulted...
Two things seem to be taken for granted in the current debt-ceiling debate: 1. The parties will come to an agreement on the debt ceiling because 2. These United States have never defaulted and will not start now.
The government and the market
Ron Paul's Modest Proposal
A PBoC balance sheet primer
Introducing the Jazz economist
Can It Happen Again?
Was Adam Smith a communist?
