Articles
Articles and analyses from the INET community on the key economic questions of our time.
Article
Nothing Natural About the Natural Rate of Unemployment
With unemployment reaching very low levels in major economies, despite low – and slowly rising – inflation, it’s time for central banks to rethink their reliance on the so-called natural rate. No numerical target for this rate can serve as an anchor for monetary policy.
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Can Bitcoin Replace the Dollar?
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America’s Rising, Invisible Debt
Why it’s time to repeal the debt ceiling and replace it with a ‘truth in borrowing’ act
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How Economists Turned Corporations into Predators
The Idea That Businesses Exist Solely to Enrich Shareholders Is Harmful Nonsense