The Radford Free Press – Page 11 – All life is problem solving.

Economics / Cochrane, economic theory, price theory, Price-gouging, Robbins /

Price Gouging Part Two

August 25, 2024

When you are only concerned with one thing and have only one tool things can go awry quite easily. So it is with our price theory friends. They bask in the rigor of their thinking and look askance at the inability of regular folks to grasp the point of the logic of their so-called price […]

Economics / Cochrane, Donald Trump, economic theory, Kamala Harris, Price-gouging, Tariffs /

Cochrane on Price Gouging

August 21, 2024

Price-gouging is now a topic in politics. Kamala Harris has put it there. Naturally there has been the predictable outcry of opposition coupled with and equally predictable sneer of disapproval: how could she say something so uneducated? Has she no grasp of Econ.101? Oh the illiteracy! Perhaps even more predictable is that someone like John […]

Economics / complexity, cybernetics, Dan Davies, economic theory, Jacob Hacker, Milton Friedman, neoliberalism /

A Review of Dan Davies’ Book

July 30, 2024

I finally read “The Unaccountability Machine”, the book by Dan Davies. It’s worth the effort. You can read it in a number of ways. As a peon to cybernetics and Stafford Beer. As a critique of the absurdity of economics. As a summary of the development of management theory. Or as a summary of the […]

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