Articles
Articles and analyses from the INET community on the key economic questions of our time.
Monetary Policy in a Post-Crisis World: Beyond the Taylor Rule
We know about emergency lending, but what we are missing is the macroeconomic framework to guide a new rule for stabilization policy
Demystifying Monetary Finance
The (Impossible) Repo Trinity
There Isn’t Really a ‘Mainstream’ at All
There is a mix of common-sense opinions, political prejudices, conventional business practice, and pragmatic rules of thumb, supported in an ad hoc, opportunistic way by bits and pieces of economic theory.
The strange fate of economists' interest in collective decision-making
How economists turned to the study of collective decision-making after World War II, faced many impossibilities, and lost interest after solving them