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    Commentary, Economics, Politics / capitalism, democracy, economic theory, plutocracy /

    Natural Liberty or Democracy?

    June 1, 2015

    There seems to be a lot of angst as to why standard macroeconomics ignores the government in its analysis. Or, rather, that when the government slips into the picture it is almost invariably in the form of an evil presence mucking up the sweet operation of market magic and thus stalling us all on our way […]

    Commentary / Balibar, Becker, capitalism, Condorcet, democracy, economic theory, Milton Friedman, University of Chicago /

    Liberty To Do What?

    May 13, 2015

    Continuing my peon to Judt: he reminds us of Condorcet’s fear: “Liberty will be no more, in the eyes of an avid nation, than the necessary condition for the security of financial operations.” No kidding. How many times do we come across, in this avid nation of ours, some foolish comment that our social policies must […]

    Economics / democracy, economic theory, Keynes, Tony Judt /

    We Rely on Economics Too Much

    May 13, 2015

    I think I am with Tony Judt on this one. I am reading the new collection of his essays written between 1995 and his death in 2010, and have had my memory jolted: he gave us many very considered critiques of modern economics, although they were usually dressed within the context of a book review. […]

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