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INET Council on Euro Crisis Report Makes Waves Around the World
Europe is getting a wake-up call. After the INET Council on the Euro Zone Crisis report warned that, “Europe is sleepwalking toward a disaster of incalculable proportions,” news media around the world...
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Paul de Grauwe: The ECB Can Save the Euro – But It Has To Change Its Business...
Introduction: Paul De Grauwe is a member of the INET Council on the Euro Zone Crisis and a professor at the London School of Economics. In this article prepared for INET, he discusses thoughts that he...
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INET Spotlight: Rob Johnson - The Coming Crisis in Municipal Bankruptcy
Where’s the next economic crisis? Look to cash-strapped state and local governments, Tom Ferguson and INET’s Rob Johnson write in today’s Los Angeles Times. In the wake of the recent report released by...
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Deleveraging Redefined: Martin Wolf Explains “That Sinking Feeling”
How to explain the current recession facing the US and the world? Does so-called “austerian” logic provide the solution? Or is it doing more harm than good? Martin Wolf has answered these questions in...
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Katharina Pistor: Whose Banking Sector Is It Anyway? - An Infographic
The financial crisis has led to a resurgence of nationalist agendas in financial governance – nowhere more so than in the most integrated multinational financial system, the euro zone. In the fall of...
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Deleveraging Redfined - Part 2: Martin Wolf on the Least-Bad Alternative
"You can’t get out of debt by adding more debt.” This is the myth that Martin Wolf takes aim at in his third blog post on deleveraging, one of the most significant economic issues of our time. In an...
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Which Economists Are Worth Listening To?
What makes a great economist? Someone who works uses a framework to describe what's unfolding in the real world? Or someone who constructs visions and fictions that are palatable to the powerful and...
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Sleepwalking with Heiner
In the Financial Times Deutschland on Aug. 1, Dr. Heiner Flassbeck raised some serious questions about the INET Council on the Euro Crisis (ICEC) and its diagnosis and prescription for euro-zone...
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VIDEO: Beyond the Numbers - Michael Najjar's Artwork at INET Berlin
In January 2009, artist Michael Najjar stood on the summit of Mount Aconcagua, at 6,962 meters the highest mountain in the world outside of the Himalayas. The photographic material gathered in the...
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INET Spotlight – Ben Bernanke to Economists: More Philosophy, Please
Ben Bernanke, Federal Reserve chairman and philosopher? This week Bernanke spoke to the International Association for Research in Income and Wealth, and, as Bloomberg Businessweek notes, he was singing...
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The Heart of the Euro Problem: A Response to INET's Rob Johnson
Dear Robert, Your blog entry in defence of the euro report of the INET Council on the Euro Zone Crisis makes a number of good points. The best is your hope that I will better know in the future who my...
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'Economists at Fault for Recent Crises': An Interview with the Bank of...
In a recent interview, INET Advisory Board member and Executive Director for Financial Stability at the Bank of England Andy Haldane took aim at the economics profession. Asked if the economists should...
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Felix Salmon: Curb High-Frequency Trading and End the Stock Market “War Zone”
When Felix Salmon looks at the global equities market he sees a world of free-for-all electronic warfare that likely would be more recognizable to Isaac Asimov than Milton Friedman. “The stock market...
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Frydman, Goldberg, Johansen, and Juselius – Modeling Imperfect Knowledge and...
How do you model the unmodelable? By taking seriously the idea of non-routine change. Simply put, change in capitalist economies is to a significant degree non-routine, and thus cannot be adequately...
View ArticleJudy Klein – The Rules of War and the Development of Economic Ideas
Sometimes navigating through the field of economics can feel like dodging bullets in a metaphorical war. But to INET grantee Judy Klein, a professor at Mary Baldwin College, this is no metaphor....
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Soros To Germany: Lead or Leave
INET co-founder George Soros is calling on Germany to lead Europe out of its economic doldrums or get out of monetary union altogether. In an essay published in the most recent edition of The New York...
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Europe’s Real Deficit Is Trust
While Europe faces the specter of overwhelming debt, another deficit lies at the heart of the inability to find a solution: a deficit of trust. Europe’s citizens “have lost confidence and trust in...
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INET’s Rob Johnson on CNBC: “Inequality has been there a long time and...
Monday marked the one-year anniversary of the start of the Occupy movement, and INET Executive Director Rob Johnson went on CNBC to discuss the significance of the milestone. In particular, Johnson...
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Cracks in the German Economic Orthodoxy: Is Economic Theory Detached From...
New economic thinking is creating change in Germany. The latest evidence is from German business magazine Wirtschaftswoche, which recently published an article arguing that economic theory is detached...
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INET Co-founder William H. Janeway Awarded CBE by Her Majesty the Queen
INET co-founder William H. Janeway has been granted the honorary award of Commander of the Order of the British Empire (CBE) for services in education and for his support of the University of...
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