Articles

Articles and analyses from the INET community on the key economic questions of our time.

Article

Detroit, and the Bankruptcy of America’s Social Contract

Jul 31, 2013

What does the bankruptcy of Detroit say about the US social contract?

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Why Austerity Theory is the Economist's Atomic Bomb

Jul 9, 2013

Economic theories are powerful things, to be used and misused. Those who write economic theory and do economic policy need to be aware of the consequences of what they are doing.

Article

You Didn’t Build That: The Entrepreneurial State

Jul 8, 2013

A review of The Entrepreneurial State: Debunking Public vs. Private Sector Myths, the new book by Mariana Mazzucato

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The rise of economics as engineering II: the case of MIT

Apr 24, 2013

Looming behind the aforementioned narratives of postwar economics is a notion – economics as engineering – which at times appears as a metaphor and at times stands for a straight depiction of economists’ professional milieu and practices.

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Reinhart and Rogoff Respond to Criticism

Apr 16, 2013

INET Advisory Board members Carmen Reinhart and Kenneth Rogoff today issued a response to recentcriticism of their paper “Growth in a Time of Debt.” Their response in full is below.

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Keynesianism, neoliberalism and the 'Dissemination' of Economic Ideas: That's the Way of the World.

Apr 15, 2013

It is often argued that in recent years the question of the ‘dissemination’ of economic knowledge has been increasingly addressed by historians of economics.

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As Goes Cyprus, So Goes the European Union

Mar 31, 2013

All of a sudden, tiny Cyprus is making headlines. How could such a small country, with an economy approximately the size of the State of Maranhao, create such big problems?

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Paul Samuelson and the History of Economics

Jan 21, 2013

Paul Samuelson is well-known to have been a compulsive citer and for having a particular Whig program for the history of economics