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    Economics / economic theory, Péguy /

    To See Is To Believe?

    February 23, 2015

    The French Republican thinker Charles Péguy once said: “One must always say what one sees. But especially — and this is the hard part — one must always see what one sees.” Very true. The ability to see something and not see it simultaneously seems to be a major characteristic of orthodox economists. Thus involuntary […]

    Economics /

    Questions – Add Your Voice

    February 20, 2015

    There’s been a lot of excitement about changing the substance of economics and the way it is taught. Rightly so. But that, it seems to me, just begs the question: “What is economics?” Or, rather, it begs a series of questions. None of us can pretend to have the answer since the answer is surely […]

    Economics / ASCE Report, austerity, government spending, infrastructure, Obama, Paul Ryan, Republicans /

    Infrastructure [Non]Spending

    February 18, 2015

    Apparently one of the very few areas of likely cooperation between the White House and our newly energized all-Republican Congress is spending on our lamentable infrastructure. I am sufficiently cynical that I doubt we will see much more than a great deal of handwringing and posturing before the two sides retreat back into their well […]

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