Economics Profession

On the passing away of Edward J. Kane

Everyone at INET is dismayed by the news of the passing of our long-time colleague, Dr. Edward J. Kane. Ed Kane worked with us for many years and no short discussion can adequately convey the importance of his many contributions. INET was born out of the conviction that the Great Financial Crisis of 2008 pointed to serious defects in how mainstream economics analyzes finance. Dr. Kane’s strikingly innovative and beautifully argued papers showed better than anyone else’s just how correct that supposition is.

His papers and some of his presentations for INET can be found here:

• Papers & presentations

Short introductions to his leading ideas include:

Perry Mehrling’s new book traces the rise of the dollar through the life and career of influential economist Charles Kindleberger

Even in a multipolar world, the U.S. dollar remains the world’s reserve currency. How did this come to be and why does it matter? Perry Mehrling, Professor of International Political Economy at Boston University and author of Money and Empire: Charles P. Kindleberger and the Dollar System, approaches the story of global money through the life and career of one of the 20^th century’s most influential economists.

How a bleak Christian theology influenced the development of the dismal science

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When you think of original sin and the fall of Adam and Eve, an economics class probably isn’t the first thing that comes to mind. After all, economics is a secular discipline. Or is it?

On the passing away of Victoria Chick

We are greatly saddened to note the passing of Victoria (Vicky) Chick on January 15, 2023. Victoria was a vital force in many ways - intellectual, personal, and as an activist member of the academic community. She was an inspiration, mentor, and dear friend to many. She will be sorely missed while leaving behind a powerful legacy. We send our heartfelt condolences to her family.

On the passing away of Luigi Pasinetti

Everyone at INET is deeply saddened to learn that Luigi Pasinetti has passed away. Professor Pasinetti was both a great economist and a friend of INET. His life and works are instructive at many levels, not least because, along with the very similar case of Joan Robinson, they highlight the rank partisanship of the Nobel Prize committee in economics. But that is a discussion for another day. For now, INET wants to express its heartfelt condolences to Professor Pasinetti’s wife Carmela and his family.

INET produced an extended video series with Dr. Pasinetti some years ago.

We also published an outstanding introduction to much of his work by Professor Joseph Halevi.