Articles
Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.
Find all of our COVID-19 pandemic articles, webinars, and working papers here.
A collection of INET’s research and articles on race and the US economy, reposted in connection with recent protests against police brutality in Black communities.
A “global saving glut” 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.
Mainstream economics ignores historical and structural factors by design
Despite post-2008 regulations, the boom-bust credit cycle continues to run wild
Chioma Agwuegbo of TechHer Nigeria, talks to Folashadé Soulé and Herbert Mba Aki about how the pandemic is impacting young people in Nigeria, especially young women, and how African youth are tackling the crisis.
When people recognize just how dangerous covid is, they worry more about the economy
Margaret Heffernan’s new book “Uncharted” warns against giving up the power to shape our destiny to gurus and gadgets promising false certainty.
That’s the amount of buybacks U.S. corporations funneled to shareholders during the past decade—rather than invest in technologies for the common good. This article is being published jointly by INET and The American Prospect
In this conversation with Folashadé Soulé and Camilla Toulmin, Pr Njuguna Ndung’u, a Kenyan economist, Director of the African Economic Research Consortium (AERC), a pan-African organization devoted to the advancement of economic policy research and training in sub-Saharan Africa, and former Governor of the Central Bank of Kenya (2007-2015) analyses how the pandemic creates more fragility in African economies, but also how reforms could be implemented during this crisis; and the urgent need for investment in strong health institutional capacities
How and Why Bankers Still Enjoy a Global Rescue Network
Colleges and universities need to be saved, not only from financial ruin, but also, all too often, from themselves.
INET Video
A lot has changed since our taxes and benefits were designed, and the consequences of delaying reform are rising.
An animated look at economic history with Robert Skidelsky
Economists make what we do seem complicated, says Ha-Joon Chang. It’s not.
Rob Johnson and Michael Sandel discuss the limits of rational choice
Rob Johnson is not your average economist, and this is not your average economics podcast.
“We do not publish papers about our own profession.” – Top Five Journal
What counts as work and what doesn’t?
Economist Olugbenga Ajilore shows the high cost of the American government’s arming of local police with military weapons, which has exacerbated lethal use of force against black communities
The geopolitical showdown between the United States and China is both inevitable, and avoidable.
MIT Sloan Assistant Professor Emil Verner discusses his research into credit markets, and the role of economics in the rise of populism.
If a tree falls outside of the market sector, does it make a sound?
Economist Emmanuel Saez explains how inequality is destroying society.
Trevon Logan discusses the impact of structural racism in health and economics
Dr. Chen Long, Director of the Luohan Academy, explains why the digital revolution is so different from the industrial revolution
Inequality, in many ways, may be the biggest question of our times. And yet it is a topic that is still underexplored in conventional economics curricula.
Economics has long been the domain of the ivory tower, where specialized language and opaque theorems make it inaccessible to most people. That’s a problem.
Working Paper Series
Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.
An alternative look at the “global savings glut”
Despite post-2008 regulations, the boom-bust credit cycle continues to run wild
The success of projects for pandemic preparedness and response depends on the strength of government-business collaborations.
A look at Dodd-Frank’s impact
To fulfill MLK’s vision of jobs and freedom for Black Americans, Washington must rein in corporate greed
Over and over again, US government policies designed to transfer and create wealth and economic opportunity were restricted to whites by design.
Rising inequality has focused attention on the benefits of new technologies. Do these accrue primarily to inventors, early investors, and highly skilled users, or to society more widely as their adoption generates employment growth?
In this introduction to our project, “Fifty Years After: Black Employment in the United States Under the Equal Employment Opportunity Commission,” we outline the socioeconomic forces behind the promising rise and disastrous fall of an African American blue-collar middle class.
The popular discontent and rise of ‘populist’ political parties is closely related to the failure of New Labor to navigate social democracy’s dilemma.
This Working Paper presents three separate comments on Servaas Storm’s “The Economics and Politics of Social Democracy: A Reconsideration”. The first is by Joseph Halevi and Peter Kriesler; the second is by Duncan Foley; and the third is by Thomas Ferguson.
Increased borrowing by middle-class families with low income growth played a central role in rising indebtedness
We reveal a novel channel through which market participants’ sentiment influences how they forecast stock returns: their optimism (pessimism) affects the weights they assign to fundamentals.
This paper analyzes regional contributions to the US payroll share from 1977 to 2017 and the four major business cycles throughout this period.
This paper considers the relationship between profits realized from higher insulin list prices, pharmaceutical innovation, and the financial structures of the three dominant insulin manufacturing companies, which set list prices.
The links between campaign contributions from the financial sector and switches to a pro-bank vote were direct and substantial