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    Economics / economic theory /

    Why Teach Economics?

    January 8, 2016

    No I am not going to get upset about mainstream economics. Today I have a different issue to be vexed about: why do degrees in economics exist? It makes no sense to me to teach economics in a vacuum. None at all. The economy is simply one part of a very complicated and intertwined thing called […]

    Economics / economic theory /

    New Year’s Resolutions

    January 7, 2016

    Well, that didn’t last long. I promised myself I would not waste any time this year on complaining about mainstream economics. There is no value in expending precious energy on something as stupid and ridiculous. It is cartoonish, silly, utterly worthless, irrelevant, and socially destructive. It is also demonically anti-democratic. Which upsets me above all. As […]

    Commentary, Politics / bank reform, banking, democracy, Dodd-Frank, health care, plutocracy, regulation /

    Extreme or Not Extreme?

    January 7, 2016

    That is the question. A friend of mine pointed me to Thomas Friedman’s latest effort in the New York Times. It’s too long for me to copy over en masse, so let me highlight a few things. Set aside the silly column title: “Up With Extremism”, I assume Friedman had nothing to do with that choice. […]

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