Macroeconomics

What Strategies can Break This Dependency?

In her new book, veteran Wall Street watcher and economist Nomi Prins warns that central bank strategies deployed since the financial crisis are destroying the real economy, worsening inequality, and creating societal chaos.

Why to Be Wary of Another Volcker-Type Monetary Tightening

Fears of ‘stagflation’ have come back to haunt macroeconomic policy makers all over the globe

Antitrust expert Hal Singer shows how big businesses in certain industries are taking advantage of inflation worries to jack up prices far beyond their cost increases, all the while raking in robber-baron profits.

Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort

In the papers of economist Charles Kindleberger, Perry Mehrling found notes on the paper that won Ben Bernanke his Nobel Prize.

In memory of Lance Taylor

Everyone at INET is saddened by the news that our colleague Lance Taylor passed away on Monday, August 15th, 2022. His loss leaves a giant hole in our hearts as well as in the field of economics. His talents and achievements were prodigious and we will miss his cheerful and inspiring presence. Words help little on such occasions, but we would like to extend our condolences to his wife Yvonne, and his children Signe and Ian.

The 5th UNCTAD YSI Summer School provides an opportunity to explore the Challenges and Opportunities of a New International Economic Order. The school will bring together UNCTAD experts, academics, diplomats, and young scholars from across the globe for lively and stimulating intellectual debates.

Central banks can encourage climate-friendly investments by offering financial institutions favorable haircuts on green collateral

Central banks can encourage climate-friendly investments by offering financial institutions favorable haircuts on green collateral

Stagnating real wages may have contributed to the slowdown of US productivity

A persistent regime of low wages may determine very negative long-term consequences on the economy.

Ratner and Sim’s “Who Killed the Phillips Curve – A Murder Mystery”