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From the Blog

Repo Madness: Fed Plumbing Gone Awry

Article By Edward J. Kane

Repeat after me: How much pipe should Fed plumbers lay if Fed plumbers like to lay pipe?

The Decline of the US Labor Share Across Sectors

Article By Ivan Mendieta-Muñoz, Codrina Rada, and Rudi von Arnim

The U.S. economy is increasingly becoming a dual economy, where high productivity sectors—such as manufacturing—and high pay sectors—such as finance and professional services—co-exist with low pay and low productivity sectors that employ most workers.

How Neoliberal Thinkers Spawned Monsters They Never Imagined

Article By Lynn Parramore

Political theorist Wendy Brown explores new threats to democracy and society

WeWork Showed Us How Badly Start-up Bros Suck—but Shareholder Rule Isn’t Better

Article By Aaron Freedman

To make start-ups work for everyone, we need to put power back in the hands of workers.

The Stormy Birth of “Europe”

Article By Joseph Halevi

National States and Conflicting Economic Priorities in the Making of the European Monetary System

Why Did Isaac Newton Lose His Shirt in Financial Speculation? Author Alex Pollock Explains.

Article By Lynn Parramore

Trying to predict the financial future is a fool’s errand, even for a genius

Not So Modern Monetary Theory

Article By Lance Taylor

Policy hype but vintage fiscal economics from Godley, Lerner, and Keynes

Facebook, Acquisitions, and Potential Competition

Article By Mark Glick and Catherine Ruetschlin

Big Tech companies are swallowing up nascent competitors. Why aren’t regulators paying attention?

More articles

INET Video

Banning Buybacks

Video Featuring William Lazonick

Stock buybacks are giveaways for greedy investors at the expense of everyone else.

Between Rational and Irrational

Video Featuring Richard Robb and Rob Johnson

Columbia University’s Richard Robb talks about his new book on human behavior

The Hidden Costs of Healthcare

Video Featuring Rob Johnson, Steve Clemons, Eileen Appelbaum, Rosemary Batt, William Lazonick, and Öner Tulum

INET experts discuss how financialization has driven up costs of healthcare—and how we can stop it.

Don't Be Evil. Rana Foroohar on Big Tech.

Video Featuring Rana Foroohar and Rob Johnson

The Financial Times correspondent on the libertarian streak in Silicon Valley

The Perils of Over-Optimistic Borrowing

Video Featuring Yueran Ma

Yueran Ma discusses her work with INET’s Private Debt Initiative

Learn the Language of Power

Video Featuring Ha-Joon Chang

Economists make what we do seem complicated, says Ha-Joon Chang. It’s not.

A Hereditary Meritocracy

Video Featuring Raghuram Rajan and Rob Johnson

The University of Chicago’s Raghuram Rajan explains how inequalities in the education system lock in a hereditary hierarchy of success

Measuring Economic Democracy

Video Featuring Robert McMaster

GDP doesn’t tell the whole story—Robert McMaster explains the Economic Democracy Index

In Defense of Economic Theory

Video Featuring Wade Hands

Wade Hands argues that empiricism without theory is insufficient

More videos

Working Paper Series

The Decline of the U.S. Labor Share Across Sectors

Paper By Ivan Mendieta-Muñoz, Codrina Rada, and Rudi von Arnim

This paper provides novel insights on the changing functional distribution of income in the post–war US economy.

The Political Economy of Europe Since 1945: A Kaleckian Perspective

Paper By Joseph Halevi

This paper analyzes the early stages of the formation of the Common Market.

Europe 1957 to 1979: From the Common Market to the European Monetary System

Paper By Joseph Halevi

This essay deals with the contradictory dynamics that engulfed Europe from 1959 to 1979, the year of the launching of the European Monetary System.

From the EMS to the EMU and...to China

Paper By Joseph Halevi

This essay deals with the EMS experience and its failure, with the Maastricht Treaty, and with the interregnum leading to the formation of the EMU in 1999.

Synthetic MMT: Old Line Keynesianism with an Expansionary Twist

Paper By Lance Taylor

Policy hype but vintage fiscal economics from Godley, Lerner, and Keynes

Big Tech Acquisitions and the Potential Competition Doctrine: The Case of Facebook

Paper By Mark Glick and Catherine Ruetschlin

How antitrust law is ill-equipped to address tech mergers

American Gothic: How Chicago Economics Distorts “Consumer Welfare” in Antitrust

Paper By Mark Glick

The Chicago School has long used bankrupt assumptions to strangle antitrust policy.

Firm-Level Political Risk: Measurement and Effects

Paper By Tarek Alexander Hassan, Stephan Hollander, Laurence van Lent, and Ahmed Tahoun

We adapt simple tools from computational linguistics to construct a new measure of political risk faced by individual US firms: the share of their quarterly earnings conference calls that they devote to political risks.

Expansionary Austerity and Reverse Causality: A Critique of the Conventional Approach

Paper By Christian Breuer

It was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.

State Capacity and Demand for Identity: Evidence from Political Instability in Mali

Paper By Maxim Ananyev and Michael Poyker

Frequent civil conflicts in African countries may erode national identity, thus highlighting a reason why civil conflict is costly for growth and development

More papers