INET in the News

“You can’t get out of debt by adding more debt.”

How to explain the current recession facing the US and the world? Does so-called “austerian” logic provide the solution? Or is it doing more harm than good?

what role central bankers should play to bring the needed change>

In support of a European Banking Union, Done Properly: A Manifesto by Economists in Germany, Austria and Switzerland

How will climate change influence economic sustainability?

Are we doomed to repeat the past? Even when we know better? Or do we not know better even when we should?

In a show of good faith between two rising economic powers, China and Brazil have agreed to a bilateral currency swap.

While German economic policy makers continue to cling to neoclassical economic approaches, an increasing number of prominent economic figures are starting to accept the failure of orthodox theories to address the current crisis and are expressing the need to rethink fundamental economic concepts.

What is the purpose of America’s universities today?

One country poses an existential threat to Europe – and it is not Greece, Italy or Spain.

World Bank President Robert Zoellick is growing frustrated with the lack of urgency on the part of Europe’s leaders in responding to the financial crisis in the euro zone.

Leijonhufvud has questioned the flawed fundamentals of economics. And he has explored the spread of contagion in undermining the web of contracts that are the basis for capitalism.

Have you ever heard the old adage about the danger of allowing foxes to guard the henhouse? Apparently the New York Fed hasn’t.

Germany should not pay for the bankruptcy of Europe, at least according Hans-Werner Sinn, head of the Ifo Institute for Economic Research at the University of Munich.

“Spain is now heading down the same path that bankrupted Ireland,” INET grantee Stephen Kinsella of the University of Limerick and Mark Blyth of Brown University warn on the Harvard Business Review’s blog.