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    Economics / economic policy, Federal Reserve Board, job creation, jobs, monetary policy, unemployment /

    Employment Recovers

    December 9, 2014

    Just a very quick note regarding last week’s employment numbers. They were good. That’s all we need to know. It’s been a long time since I have reported on the economy here, I have been distracted by my journey into the relationship between democracy and capitalism. But, since a couple of you asked, here is […]

    Economics / Deirdre McCloskey, democracy, economic theory, Fourcade /

    Superior Economists

    December 2, 2014

    Actually the paper I just read is called “The Superiority of Economists”. It’s another analysis of thee economics profession by Marion Fourcade, this time in association with Etienne Ollion and Yann Algan. It is well worth reading andĀ fits neatly in the same analytical tradition as Fourcade’s 2009 book “Economists and Societies”. The problem is that […]

    Commentary, Economics / Adam Smith, Deirdre McCloskey, democracy, economic theory, Friedman, Hayek /

    Economics And Civil Society

    November 28, 2014

    I have been subject to quite a bit of push back on my repeated critique of the anti-democratic nature of orthodox/classical/neoclassical economics. So I am going to double down on the basis that when you’ve hit a nerveĀ and produce a knee-jerk reaction it is wise to hammer away. Allow me to restate my opinion in […]

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