Articles
Articles and analyses from the INET community on the key economic questions of our time.
Article
A Model’s Crisis
Friedrich von Hayek described the economist’s task as demonstrating how little we really know about what we imagine we can design
Article
Did Capitalism Fail? Looking Back Five Years After Lehman
How could reputable ratings agencies – and investment banks – misjudge things so badly?
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The Failure of Free-Market Finance
Five years after the collapse of the U.S. investment bank Lehman Brothers, the world has still not addressed the fundamental cause of the subsequent financial crisis – an excess of debt. And that is why economic recovery has progressed much more slowly than anyone expected (in some countries, it has not come at all).