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    Economics / economic theory, Hayek, Oscar Lange, Walras /

    Information Matters?

    June 15, 2015

    Sorry I have been absent here lately: I am in the middle of several projects that take priority. Nonetheless in the course of one of those projects I have found myself immersed in the many faces of economic theory with respect to the role of government in an economy. That role appears to lurch from one […]

    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 […]

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