Article | Business & Industry, Government & Politics
They Looted Companies — Now They're Looting the Government
Economist William Lazonick reveals how the extraction model of American corporations has migrated from business to government.
Europe’s Gas Roller Coaster
A new INET Working Paper by Yaroslav Melekh, James Dixon, Katrina Salmon, and Michael Grubb, interrogates the contradictions between fossil lock-in through LNG import capacity and overcontracting, and policy-driven demand reduction. Here is a summary of the paper's main findings.
Featured
Article | Government & Politics
Currency Wars, Social Class, and the Republican Dilemma Over Medicaid
Faced with a shrinking list of options to trim the budget, Republicans are now eyeing Medicaid - but will that fly among Trump supporters?
By Thomas Ferguson and Jie Chen
Article | Inequality & Distribution, Macroeconomics
Distributional and Macroeconomic Effects of Trump 2.0
The most likely outcome of the second Trump administration is a recession and an exacerbation of inequalities, and a further degradation of the living standards of working and middle-class Americans.
By Simon Grothe and Michalis Nikiforos
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Working Paper | Energy, Environment
By Yaroslav Melekh, James Dixon, Katrina Salmon, and Michael Grubb
Article | Business & Industry, Macroeconomics
What the Economy Is Really For — And Why Tariffs Miss the Point
Article | History
INET in Focus
Article | Business & Industry, Macroeconomics
What the Economy Is Really For — And Why Tariffs Miss the Point
The money to support well-paid American jobs exists—it’s just being hoarded at the top. Economist William Lazonick argues that this is not just unfair; it’s a failure of the whole economic system.
Video
The Economics of War & Peace
Economics can either fuel conflict or pave the way to lasting peace, the choice is ours.
Featuring James K. Boyce
Working Paper | Energy, Environment
European Natural Gas through the 2020s: the Decade of Extremes, Contradictions and Continuing Uncertainties
This paper examines in detail the interrelationships between the EU’s concerns, its energy policies, and the resulting challenges and uncertainties facing European gas through the rest of the decade, and beyond.
By Yaroslav Melekh, James Dixon, Katrina Salmon, and Michael Grubb
Working Paper | Business & Industry, Government & Politics, Laws
Antitrust’s Normative Economic Theory Needs a Reboot
Welfare economists and moral philosophers have shown that the Consumer Welfare Standard is biased in favor of wealthy individuals and corporations—the very powers the antitrust law is supposed to regulate.
By Mark Glick, Gabriel Lozada, and Darren Bush
The history of the political relations between Hitler and the NSDAP leadership and the German “coal industrialists” from 1926 to 1933
Working Paper | Environment, Macroeconomics
Macroeconomic Modeling in the Anthropocene
Why the E-DSGE Framework Is Not Fit for Purpose and What to Do About It
By Yannis Dafermos, Andrew McConnell, Maria Nikolaidi, Servaas Storm, and Boyan Yanovski
Working Paper | Business & Industry, Technology & Innovation
Concentrating Intelligence: Scaling and Market Structure in Artificial Intelligence
The decisions we make now about the governance of AI will have profound implications for the future of our economy and society.
By Anton Korinek and Jai Vipra
A major factor in the decline of inflation is the simple fact that America’s workers were, in general, unable to raise their nominal wages in line with the rise in the cost of living
By Thomas Ferguson and Servaas Storm
Jul 14, 2025
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Feb 24, 2025
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Understanding and Addressing Emerging Inequalities in the 21st Century in South Asia
As the world grapples with rapid technological advancements, demographic shifts, environmental challenges, and governance transformations, new forms of inequality are emerging.
Mar 07, 2025
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