Archive
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News
INET Goes to Paris
May 21, 2012
INET Executive Director Robert Johnson delivered a keynote address at the OECD Forum in Paristoday.
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News
What are economists for, anyway?
May 20, 2012
Who does the economist serve: powerful interests or society?
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News
Economics Is Not Math
May 20, 2012
Mathematician Michael Edesess has a dose of reality for economists.
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News
Calls for Financial Architecture Fix
May 20, 2012
What’s wrong with our economic recovery?
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News
Joseph Stiglitz, Anya Schiffrin Celebrate Book Releases
May 20, 2012
Attendees at the book party were treated to an assortment of wine, sushi, and intriguing conversation on the rooftop of Schiffrin’s parents’ Upper West Side apartment.
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Working Paper
Grantee paperState-Dependent Effects of Fiscal Policy
May 2012
We investigate the effects of government spending on U.S. economic activity using a threshold version of a structural vector autoregressive model.
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News
How to Kill Financial Regulation…and the Global Economy
May 14, 2012
“While it’s incredibly difficult to get a regulatory reform passed, it’s far easier – and more profitable to politicians – to kill it.
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News
Regulation? What Regulation?
May 13, 2012
Being the smartest guys in the room doesn’t prevent you from making bad decisions.
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Article
Insights from Bagehot, for these Trying Times
May 11, 2012
Here is a talk I gave recently at Wake Forest University.
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Article
Let me tell you everything
May 7, 2012
Our usual problem in history (of economics) is a lack of information.
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News
NH Media Features INET Imperfect Knowledge Economics Project
May 1, 2012
Human beings aren’t mechanical. And mechanistic economic theories can’t account for uncertainty or political instability and individual creativity.
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Working Paper
Grantee paperDoes the Effectiveness of Fiscal Stimulus Depend on Economic Context?
Apr 2012
The topic of this session of the INET conference is a question: does the effectiveness of fiscal policy in stabilizing an economy depend on the underlying economic context in which the policy is implemented?
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Working Paper
Grantee paperOld Lady Charm: Explaining the Persistent Appeal of Chicago Antitrust
Apr 2012
The paper deals with the mysterious persistence of the Chicago approach as the main analytical engine driving antitrust enforcement in the US.
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Article
Banks as creators of money
Apr 30, 2012
In conversation recently, I was called upon to defend the claim that banks are in the business of creating and destroying private money.
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News
A Berlin Consensus?
Apr 29, 2012
The Washington Consensus is dead.