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

Hogarth and Soyer on the Hollow Men
A poem seems to be an almost perfect metaphor for the modern corporate world.
Between science and history

Let Us Praise Famous Men, or why we must praise them...
Steven Shapin is visiting the UK. For those unfamiliar with the history and sociology of science, he is one of the giants of the field.

Contextualizing one and other @ ESHET 2012
My attempt at a double riddle. “I find familiar faces only in unfamiliar places. Who am I? And whom are the faces?” The answer to the first is, I am an academic, to the second, my conference buddies.
Maynard's Revenge: A Review
Maynard's Revenge: A Review
Let me tell you everything
Banks as creators of money

Opening Models of Asset Prices and Risk to Non-Routine Change
Paper revised for the Institute’s Plenary Conference in Berlin

Mehrling on Soros
The text below is the comment I offered on Mr. Soros’ opening speech at INET’s Berlin Conference April 12, 2012. The text of Mr. Soros’ own speech is here. Video of the entire session is below—my bit starts at 55:00.
@INET Berlin: The Great Divide
Kids Behind the Wall

@INET Berlin: Decisions
A suprisingly large number of talks refer to the issue of human decision making.

Asking questions about paradigms and INET
Dinner has already rolled around on what has been a quick day.
Renminbi Swap Lines
Eurocrisis Redux

Liquidity: Not Like Water (part 1 of many)
Discussion of the results of the ECB’s LTRO2 has revolved around the question of hoarding, specifically whether banks are using the newly-created reserves to fund new lending.

Does the Current Account Still Matter?
The title is the same as that of Maury Obstfeld’s Ely Lecture, delivered Jan 6 at the AEA meetings in Chicago. Yours truly was at the meetings mainly to deliver a paper on “Three Principles for Market-Based Credit Regulation”, about which more in a later post. And for most of the rest of the time I was locked in a hotel room interviewing candidates for an assistant professor slot at Barnard College (which gave me a good overview of the current state of macroeconomics, again fodder for a later post).