Articles
Articles and analyses from the INET community on the key economic questions of our time.
How Dated Theories & Underlying Research Misguide Policy
The financial crisis of 2008 was unforeseen to a significant extent. One reason is that the dominant academic theories influencing political decision makers ignore recent advances and instead rely largely on models and decision science dating back to the Second World War.
Is There a Quantitative Turn in the History of Economics (and how not to screw it up)?
The (very) recent rise of quantitative analysis in history of economics working papers calls for a closer examination of the prospects and limitations of this approach, and of the impediment to its large-scale development.
Greece Has Made Tough Choices. Now It's the IMF's Turn.
The International Monetary Fund’s chief economist, Olivier Blanchard, recently asked a simple and important question: “How much of an adjustment has to be made by Greece, how much has to be made by its official creditors?” But that raises two more questions: How much of an adjustment has Greece already made? And have its creditors given anything at all?