Articles
Articles and analyses from the INET community on the key economic questions of our time.
How the Wall Street Journal Blew the Story of the Democrats and Inflation
The firehose of affluent consumption continues to drive inflation, not the stimulus package
The Fed and the “Soft Landing” - Policy or Luck?
The biggest factor in accounting for the strength in the economy is the continuing importance of the wealth effect in sustaining consumption by the affluent.
What Is a “Fair” Drug Price?
Medicare Needs a Perspective on “Collective and Cumulative Learning” in Inflation Reduction Act Negotiations
Expert: Why Covid and Future Pandemics are a Bigger Threat than Nukes
Dr. Phillip Alvelda tells INET’s Lynn Parramore about persistent political and public health failures exposing us to devastating diseases, while vastly underestimating their long-term health effects.
A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey's New Report
The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.
From Long COVID Odds to Lost IQ Points: Ongoing Threats You Don’t Know About
Stuck in a fog of misleading narratives, most of us don’t see the true extent of COVID’s persisting—and intensifying—threats. INET’s Lynn Parramore talks to Dr. Phillip Alvelda about the dangers we’re missing and the failures of public health agencies to inform and protect us. *This is Part 1 of a two-part interview.
The Second Coming? Trump vs. Biden
How have the macroeconomic problems in the US blinded many participants and observers to the actual state of the American economy as the election approaches?
The European Union’s New Risk-Based Framework for Fiscal Rules – Overly Complex, Opaque and Self-Defeating
The discrepancy between technocratic rhetoric and economic facts is colossal.
Experts: Negotiating Big Pharma's Prices Won't Stifle Innovation—They Don't Use the Money to Innovate!
Industry lobbyists vehemently oppose Medicare drug price negotiations. However, physician-scientist Fred Ledley and economist William Lazonick debunk their arguments.
Inflation and Power
Finally, an Economist Takes on the Topic of Power
Alessandro Roncaglia has mulled the topic of power over his long and distinguished career – a topic most economists avoid. His new book explores the historical dynamics of power and asks how we can change its distribution today.