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

James K. Galbraith on His Latest Book, DOGE, Bitcoin & More
The distinguished economist talks about the power of entropy in shaping a new economic reality and viewing current events. His new book, Entropy Economics: The Living Basis of Value and Production, challenges flawed mainstream models that lead to distortions and bad policy.
Political Investments

Protecting the Consumer: A Conference at the University of Utah with CFPB Director Rohit Chopra
The Utah Project on Antitrust and Consumer Protection hosted a conference on the future of consumer financial services law on October 11, 2024, which was supported by an INET grant.

Trump, Tariffs, and Exchange Rates: The Message of Elections in the US and Japan
What Japan, the US, and Europe have in common is growing popular anger over the economy despite high stock prices and low unemployment.

The Deutschmark’s Real Father? A Jewish American Written Out of History.
In a fresh release from INET’s book series with Cambridge University Press, renowned German economic historian Carl-Ludwig Holtfrerich uncovers the startling truth behind German currency reform usually hailed as the foundation of the post-war German economic miracle: Ludwig Erhard, who cooperated with the Nazis, unjustly claimed the spotlight, overshadowing the real architect, Edward Tenenbaum.

The Fed and the “Soft Landing” - Policy or Luck?
The biggest factor in accounting for the strength in the economy is the continuing importance of the wealth effect in sustaining consumption by the affluent.
The “Fortune 500” of 1812

Crying Wolf: Why Negotiating Lower Drug Prices Will Not Harm Pharmaceutical Innovation
Increasing evidence that the IRA is probably not harming pharmaceutical innovation.

Expert: Why Covid and Future Pandemics are a Bigger Threat than Nukes
Dr. Phillip Alvelda tells INET’s Lynn Parramore about persistent political and public health failures exposing us to devastating diseases, while vastly underestimating their long-term health effects.

Antitrust Policy and Artificial Intelligence: Some Neglected Issues
An ensemble of mechanisms enables cloud hegemons (Microsoft, Google, Amazon) to plan the whole AI knowledge and innovation network by weaponizing interdependence in networks.

From Long COVID Odds to Lost IQ Points: Ongoing Threats You Don’t Know About
Stuck in a fog of misleading narratives, most of us don’t see the true extent of COVID’s persisting—and intensifying—threats. INET’s Lynn Parramore talks to Dr. Phillip Alvelda about the dangers we’re missing and the failures of public health agencies to inform and protect us. *This is Part 1 of a two-part interview.

The Global Pharmaceutical Industry Isn’t Investing in Products for the Greatest Burden of Human Disease - Are Non-Profits a Solution?
Programs for expedited review may be preferentially reducing the development costs for conditions with lesser disease burden, potentially making investments in addressing the most significant disease burdens even less appealing and exacerbating the market failure further.