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Various Thoughts

by on July 9, 2014

There is no point is bashing away at old economics or old economists. They are what they are. And it isn't as if there is [more…]

Clockwork Justice?

by on July 3, 2014

One of the central beliefs held by people who advocate a market based worldview is that, somehow, markets are apolitical, they are antiseptic, they are [more…]

Can Economists Explain Much?

by on June 23, 2014

Greg Clarke ends his book "A Farewell to Alms" with a not too encouraging summation about the ability of economists to explain much. Allow me [more…]

How To Change the Teaching of Economics

by on June 23, 2014

For what it's worth allow me to pass along a link to a panel on the topic of change in teaching economics:

GDAE Panel [more…]

Mystery Growth Theory

by on June 18, 2014

I have been reading Gregory Clark's brief history of the world economy "A Farewell to Alms" as part of my continuing reading on inequality. Somehow [more…]

What Does LSE Mean?

by on June 18, 2014

I just received an email from the London School of Economics asking me to donate, as a loyal alumni, so that they can devote funds [more…]


by on May 20, 2014

All the justified fuss over inequality in recent months begs a rather significant question doesn't it? If we are all so vexed over inequality we [more…]

Think Like An Economist?

by on May 13, 2014

Perhaps we are all asking too much. The burden is just too heavy a load. One point of entry too limited. A single, albeit determined, [more…]

Science or Politics?

by on May 8, 2014

Paul Krugman, with whom I do not always agree, asks two very pertinent questions:
"Were the freshwater guys always just pretending to do something like [more…]

Affluent Rules

by on May 8, 2014

A couple of weeks ago I led off an article with a quote from a new Gilens and Page paper - linked to in the [more…]