Macroeconomics
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Working Paper Series
Demand-determined potential output: a revision and update of Okun’s original method
May 2019
Everyone is waking up to the fact that estimates of what is possible in the economy are way off: this paper explains why
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Why We Need Inclusive Prosperity
May 15, 2019
The implications of rising inequality are massive. Economists need to tackle it together.
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Lance Taylor on Growth, Distribution, and the Future of Capitalism
May 1, 2019
Lance Taylor, Emeritus Professor of Economics at The New School for Social Research, delivers the annual Heilbroner Memorial Lecture on the Future of Capitalism.
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Macroeconomic Stimulus à la MMT
Apr 30, 2019
Modern Monetary Theory is problematic. Launching large scale fiscal programs that rely on it would be skating on thin ice.
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How to Ruin a Country in Three Decades
Apr 10, 2019
Italy’s austerity-fueled crisis is a warning to the Eurozone
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Working Paper Series
Lost in Deflation
Apr 2019
Why Italy’s woes are a warning to the whole Eurozone
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The Natural Rate of Interest Is Anything But
Jan 28, 2019
Central bankers pursue a “neutral” rate that doesn’t exist
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Commission on Global Economic Transformation
Chaired by Nobel laureates Joseph Stiglitz and Michael Spence, INET has assembled a global team of leaders and scholars calling for new thinking & new rules for the world economy
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Mainstream Macroeconomics and Modern Monetary Theory: What Really Divides Them?
Sep 6, 2018
Despite disparate policy beliefs, MMT and orthodox macro rely on many of the same theoretical foundations
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Glasnost and Perestroika in Economics
Jul 25, 2018
James Galbraith says academic economics is in need of radical reform
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YSI @ STOREP Conference 2018
YSI
ConferenceJun 28–30, 2018
YSI is hosting sessions at the 2018 STOREP conference.
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We Can—And Must—Reform Capitalism
Jun 27, 2018
Fred Block says capitalism is not an unchanging monolith—which means we can make it better
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Making Sense of Globalization in the 21st Century
Jun 13, 2018
In a complex world, we’ll experience more “black swans”, and the things that standard economic models assumed away will matter much more.
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How Well Does Financial Regulation Work?
Mar 15, 2018
What 200 Years of Government Interventions in Financial Markets Can Tell Us
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INET Research in a Stressful Year
Feb 23, 2018
In the face of laissez-faire capitalism at home and resurgent nationalism across the globe, INET offers an innovative look at the causes of—and solutions for—the problems that ail a fissuring world economy.