Articles
Articles and analyses from the INET community on the key economic questions of our time.
Economics as a doctrinal discipline
In science, empirical disciplines such as physics, chemistry, history, and parts of sociology and political science, reason from facts.
Eurocrisis Redux
Crisis Averted: Understanding LTRO2
Fundamentally, the ECB is trying to keep the ongoing sovereign debt crisis from turning into a full-fledged bank credit crisis.
Three Questions to Judy Klein
Judy Klein is Professor of Economics at Mary Baldwin College in Virginia. She is the author of Statistical Visions in Time: A History of Time Series Analysis 1662-1938, (Cambridge 1997) and co-editor of The Age of Economic Measurement (Duke 2001), and co-author of The Strange Career of Cold War Rationality (in preparation)
Delicate balance
How God, Adam Smith, and the invisible hand changes over time
So with a suitably provocative title I think we can declare 2012 open.
Nobody understands money
A correspondent sends us to a column of Paul Krugman’s that asserts that “nobody understands debt”. Fair enough.
Heterodoxy and The Economist
Fixed exchange rates
Is there an ECB?
At Home in Economics
Financial (De)Globalization and the European Experiment
Europe is embarked on a grand experiment, managing modern financial crisis without a dealer of last resort, so refusing to follow the lead of the 2008 Fed.
Student discontent, teaching economics, and Robin Wells's suggestions for shifting our perspective: A historical case
On November 2nd, I was sitting in the Hayden Library Special Collection reading room at MIT, browsing archives on the undergraduate and graduate students’ discontent during the early 70s and the response of the economics department faculty.
Toxic Textbooks
Toxic Textbooks
The Toxic Textbooks movement devotes energy to curriculum reform as well. Its purpose is to galvanize student protests and “encourage schools and universities to use economics textbooks that engage honestly with the real world.”
Does Economics blogging open new conversations ? (Part I)
This is the question I’m supposed to answer for an experimental INET conference aimed at inspiring new thinking through interdisciplinary conversation and collective reflection without rules.
Imagining a New Intro Economics
Economics in Uncertain Times
What's in a name?
Euro Summit Statement Explained
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