In its long search for the illusion of equilibrium economics has had to barter away one aspect of reality after another. Driven by its desire [more…]
Ha-Joon Chang nails it.
But I wish he hadn't.
You see, I agree with his analysis of the inverse nature of status within the economics [more…]
One of my ongoing sources of frustration is the amount of effort elitist folk put into lecturing the rest of us about why we ordinary people [more…]
Beware of the possible snark in the following:
One of the possibilities you face when you commit to writing about something is that you get called names. Sometimes you [more…]
I want to point you to an article in Salon about how academic recruitment is horribly skewed. It confirms what most of you know: academic [more…]
I must admit that I find it difficult to take the current stand off between the White House and Congress over immigration too seriously. Unfortunately [more…]
The French Republican thinker Charles Péguy once said:
"One must always say what one sees. But especially -- and this is the hard part -- [more…]
There's been a lot of excitement about changing the substance of economics and the way it is taught. Rightly so. But that, it seems to [more…]
Apparently one of the very few areas of likely cooperation between the White House and our newly energized all-Republican Congress is spending on our lamentable [more…]
Here's a thought: how about the governments in our democracies acting on behalf of the people? That would be novel.
We here in America could [more…]