Articles
Articles and analyses from the INET community on the key economic questions of our time.
Summary of the Book Macroeconomic Inequality From Reagan to Trump
Wage Repression, Asset Price Inflation, and Structural Change Caused Rising Macroeconomic Inequality for Fifty Years from before Reagan through Trump.This is a summary of a new book that is being published as part of a new book series with Cambridge University Press.
Comment on Lance Taylor鈥檚 鈥溾�橲avings Glut鈥� Fables and International Trade Theory: An Autopsy鈥�
Reply to Andrew Smithers
鈥淪avings Glut鈥� Fables and International Trade Theory: An Autopsy
A 鈥済lobal saving glut鈥� was invented by Ben Bernanke in 2005 as a label for positive net lending (imports exceeding exports) to the American economy by the rest of the world. However, there is a more plausible explanation for the persistent trade imbalance between the US and its major trading partners.
Why International Financial Regulation Still Falls Short
Despite post-2008 regulations, the boom-bust credit cycle continues to run wild
Immaculate Deception
There Can Be No Equality Without a Dramatic Renewal of Employment Opportunity for All American Workers
To fulfill MLK鈥檚 vision of jobs and freedom for Black Americans, Washington must rein in corporate greed
Never Together: Black and White People in the Postwar Economic Era
Coming out of the Great Depression, America built a middle class, but systematic discrimination kept most African-American families from being part of it
Who Benefits From New Technologies?
Do the benefits of new technologies accrue primarily to inventors, early investors, and highly skilled users, or to society more widely as their adoption generates employment growth?
Profits from Job Losses Will Finance Government Borrowing for COVID-19 Bailouts
COVID has meant unemployment for the many and a corporate profit-fueled windfall for the few.
Enhancing Resilience in African Economies: Policy Responses to the COVID19 Pandemic in Africa
An introduction to a series of interviews conducted by Dr. Dr. Folashad茅 Soul茅 and Dr. Camilla Toulmin in support of INET鈥檚 Commission on Global Economic Transformation (CGET)
The Fleming Myth and the Public Sector Contribution to Discovery and Development of New Cancer Drugs
Abstract, “basic science” research is essential to drug discovery. It is also largely funded by the public sector.
How Market Sentiment Underpins Knightian Uncertainty
We find empirical evidence that changes in market sentiment drive unforeseeable change in how stock returns unfold over time, thereby engendering Knightian uncertainty.