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

What You Can Do to Protect Yourself Against a Totally Unnecessary U.S. Government Default
If Congress and the White House fail to raise the debt ceiling this week and the United States defaults on its debt, what can we expect and how can we protect ourselves against these events?
A Model’s Crisis

Current Account Rebalancing Since the Crisis
A look at the large role the trade deficit of the United States has played since the 1980s.

The End of 'Financialization'
The failure of Lehman Brothers on 15 September 2008 marked the beginning of the end of the world’s love affair with financialization.

Swimming against the Current: A Remembrance of Ronald Coase (1910-2013)
Ronald Coase, who passed away last week at age 102, spent his academic career swimming against the current.

Inequality – It’s Bad…And It’s ÌÇÐÄlogoÈë¿Ú to Get Way Worse
What’s behind rapidly worsening inequality in the United States?

Katharina Pistor: The Legal Theory of Finance
economists still conceive of law too narrowly, mainly as a means to reduce transaction costs and protect investors.

Detroit, and the Bankruptcy of America’s Social Contract
What does the bankruptcy of Detroit say about the US social contract?
Should China Deregulate Finance?

Why Austerity Theory is the Economist's Atomic Bomb
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.

You Didn’t Build That: The Entrepreneurial State
A review of The Entrepreneurial State: Debunking Public vs. Private Sector Myths, the new book by Mariana Mazzucato

More Services Means Longer Recoveries
Recovery from recessions takes longer than it has in the past.