Articles
Articles and analyses from the INET community on the key economic questions of our time.
Article
Economic Consequences of the U.S. Convict Labor System
US counties with prison labor often have lower wage and employment growth
Article
Science and Subterfuge in Economics
John Kenneth Galbraith noted in 1973 that establishment economics had become the “invaluable ally of those whose exercise of power depends on an acquiescent public.” If anything, economists’ embrace of that role has grown stronger since then.
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How Imperfect Knowledge Shapes Financial Markets
Asset markets are indispensable in harnessing society’s diverse views and insights about future business performance. But those views are shaped as much by emotion and crowd mentality as by rational expectations.