Brendan Greeley says economists have started talking more openly about sovereign debt. For example, if a country's nominal growth rate is higher than its cost of debt, it might make sense to borrow.

Fair Credit Billing Act

Fair Debt Collection Practices Act

The condition of the Chinese economy is increasingly becoming a significant factor exorcising the minds of global policy makers. Even though China’s most recent data has shown signs of stabilization (and the current turmoil in the...

On Sunday the Conservative party announced their new manifesto, full of their promises to the electorate. We read all of this 64-page document and compressed it into less than 10 minutes to make understanding their policies easier!

The video is about the benefits and costs of inflation. The speaker talks about the different impacts of rising and steady inflation on consumption and production, real wage costs, and debt burdens. He also explains some of the costs of...

Michael Hudson, Distinguished Research Professor of Economics, University of Missouri, Kansas City at the panel entitled "The Challenge of DeLeveraging and Overhangs of Debt II: The Politics and Economics of Restructuring" at the...

When the stock market grows faster than the housing market, the gains of the top 1% outpace those of the middle class.



INET Fellow and University of Bonn professor Moritz Schularick discusses the drivers of wealth...

74% of couples say they PLAN to go into debt to pay for their weddings! But does it have to be that way?

It cost the equivalent of billions of dollars in today’s money, and left the US government crippled with debt. But how, exactly, did America pay for the Civil War?

In this video, the narrator explores the impact of a recent beef ban in Mumbai, India, imposed by the state government. Learn what it is like to search for a restaurant serving beef in Mumbai.<br/>
Deciphering India, The Sacred Cow part 3/9

Josh Mason from John Jay College CUNY doesn’t think teaching contending economic theories is effective, and sees the objective of introductory economics courses as teaching students basic tools to understand economic terminology,...

At least since Joseph Schumpeter we know that credit is good for economic growth. At least since 2007 we know that too much credit foreshadows financial turmoil. Inspired by Keynes and Minsky, Dirk Bezemer pieces together a cross-country...

Provides points for making the business case for implementing sustainable investing and banking policies

In this lecture video, the speaker discusses one of the key economic policies of the government, monetary policy. They explain that monetary policy is organized and managed by independent central banks, such as the Bank of England, and...

The U.S. economy has been expanding since 2009, but globally growth is slowing. Did someone say "recession"? Kristalina Georgieva, Managing Director of the International Monetary Fund, offers her perspective.

David Malpass gives his take on the effect of the virus on emerging economies such as India, Brazil and China.

In this lesson, students will learn to describe negative values using words by utilizing a number line. The concept of absolute value, which is the distance a number is from zero, will be explored through various examples, such as debts,...

Nomura Research Institute's Richard Koo says that what the world is experiencing right now, a "balance sheet recession," is different from traditional recessions. However, Japan recently experienced a similar type of recession, and Koo...

In INET's exclusive interview with Lance Taylor, he discusses the concepts behind his recent book "Maynard's Revenge: The Collapse of Free Market Macroeconomics"<br/>

Shelter Principle and Buyers of Collateral 2-403

In the third part of this four-part INET "From the Director's Chair" interview, INET Executive Director Robert Johnson talks with Journal of Post Keynesian Economics co-founder Paul Davidson about Davidson's book The Keynes Solution:...

In part 2 of the interview he talks about how in his search for a realistic framework of capitalism he ended up with the work of Hyman Minsky. Unlike standard theory, Keen says, Minsky emphasizes the role of money and debt in the...

If you collected the stimulus check but are fortunate enough to still have a job, how should you spend the extra cash? Here are some tips to help you decide.