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    Economics / Angus Deaton, Behavioral Economics, economic theory, Nobel Prize /

    I Don’t Care About the You-Know-What Prize

    October 14, 2015

    Every year around this time many of you get seriously vexed over the award of something the we know as the sort-of-Nobel prize in economics. And every year I get swept up in the hubbub. Not this year. I have decided to ignore the entire thing. Who cares? I don’t. Nor should you. Nor do I […]

    Commentary, Politics / democracy, democratic party, libertarian economics, plutocracy, Republicans /

    Republican Disarray?

    October 13, 2015

    I already mentioned today the current mess the Republicans find themselves in. What I didn’t highlight in that post was that the mess marks not the end, but, to borrow a phrase from Churchill, only the beginning of the end of the rightist radical movement. Part of the reason for the radical right’s astonishing success over […]

    Politics / capitalism, David Brooks, democracy, plutocracy, Republicans, Robert Reich /

    Brooks Pines For a Lost World

    October 13, 2015

    In 1814 John Taylor wrote: “There are two modes of invading private property; the first, by which the poor plunder the rich … sudden and violent; the second, by which the rich plunder the poor, slow and legal.” That quote sits at the beginning of Robert Reich’s new book: “Saving Capitalism”. I am reminded of […]

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