Brexit 2

June 29, 2016

Like many people I am still trying to digest the lunacy of Brexit. I say lunacy because retreat from European integration is, in my opinion, a regression towards the pettiness of nationalism that we can ill afford at a time of ever increasing technologically driven proximity to one another.

Having said that I am astonished [more…]

Brexit

June 28, 2016

My summary of the discussion prior to the Brexit vote:

Why?

Why not?

Consequences be damned.

How very British.

Let's all remind ourselves of how this came about: the referendum was scheduled as a sop to the far right and traditionally anti-EU wing of the ruling Conservative party in order to shore up support going [more…]

Practical Economics is Radical?

June 16, 2016

I have a book by James Meade published in 1975. It's called "The Intelligent Radical's Guide to Economic Policy". Thumbing through it reveals how some things never change and yet, also, how the neoliberal suffocation of economic thinking and policy has allowed us to drift from a socially just economy.

He ends his first paragraph thus:
[more…]

Laughingstock or Fog?

June 14, 2016

Let's have some fun:

Economics deserves to be a laughingstock. Really, it does. No one can take it seriously. I have tried. The effort isn't worth it. This doesn't mean that there aren't a ton of interesting things littered throughout the odd landscape of economics, it's just that most of them are not particularly unique to [more…]

Gordon, McCloskey and Growing Pains

May 31, 2016

I try to take my own advice: when you have nothing to say, don't say anything. Thus, for the best part of a month I have busied myself doing other things and staying away from here. It's been a nice break, and here I am still convinced that there's not much to say.

The economy [more…]