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

Ring-fencing Explained
Everyone wants to ring-fence something, but they can’t agree on what:
QE3

A Quick One (Message to Naomi)
Yesterday, I had my first introductory economics seminar with my new students.

Keynes's 10 Professors... and a Major
I thought I was on to an inside reference when re-reading the General Theory when Keynes calls Marx, Edgeworth and others simply by name, but refers to “Professor Pigou” in several instances.
The fix was in

Inclusive wealth and the history of GDP
The International Human Dimensions Programme on Global Environmental Change (IHDP) recently published the , in which the authors propose a measure of wealth based on the stock of capital present in a country, as opposed to the flow measure of GDP.

Math or Society: Did Economists Forget Who They’re Supposed to Serve?
Has the servant’s servant become the master’s master?
Economists Coming of Age
The less you know, the better?
The Visible Hand Writing History

Division of labour was common knowledge by the 1770s
I always think of Adam Smith when I hear the term ‘division of labour’ - but I’m being cured of this by reading a bit more about Britains late 18th century in Jenny Uglow’s

Lethal Embrace? A Thought Experiment
At the heart of the Eurocrisis lies a vicious circle where once there was a virtuous one.
Maynard's Revenge: A Review


Let me tell you everything
Banks as creators of money
Mehrling on Soros
Feelings Offstage

@INET Berlin: Paradigm Regained
The title of the conference, “Paradigm Lost,” is an obvious combination of two references.