Articles

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

Article

A Response to John Kay's Essay on the State of Economics

Oct 10, 2011

The optimism embedded in the efficient market hypothesis has been one of the main sources of the recent turmoil

Article

Bretton Woods, Past and Present: 3. Models in Economics

Sep 24, 2011

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.”

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Twisting in the Wind

Sep 24, 2011

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Bazooka

Sep 17, 2011

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Bretton Woods, Past and Present: 1. Ethics in Economics

Sep 10, 2011

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.

Article

Bank of the World

Sep 4, 2011

The first graph shows US financial flows over the past five years.

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Haircuts and Instability

Aug 2, 2011

Updating Hawtrey for the Shadow Banking System

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Wanted to buy: $2T in safe assets

Jul 16, 2011

Two FT pieces by Tracy Alloway caught my eye this week: this article from Tuesday’s print edition, and this post on Alphaville today.

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When the US last defaulted...

Jul 14, 2011

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.