Articles
Articles and analyses from the INET community on the key economic questions of our time.
Bring on the Bubble: William Janeway on the Future of Green Technologies
Where will today’s innovation come from?
Understanding Bank Liquidity
When Is the Time for Austerity?
Recent austerity policies have been guided by ideology rather than research. This column discusses research that reconciles disparate estimates of fiscal multipliers in the literature. It finds that common identification assumptions are problematic. Matching methods based on propensity scores show how contractionary austerity really is, especially in economies operating below potential.
Did Capitalism Fail? The Financial Crisis Five Years On
Did the global economic collapse in 2008 stem from structural failures in the capitalist system?