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    Economics / economic policy, economic theory /

    Unsound on Equality

    August 13, 2014

    In a recent speech I gave on inequality, I described the relevance of economics in a series of quotes thusly: “Political economy you think is an enquiry into the nature and causes of wealth – I think it should rather be called an enquiry into the laws which determine the division of the produce of […]

    Commentary, Economics / economic theory /

    Various Thoughts

    July 9, 2014

    There is no point is bashing away at old economics or old economists. They are what they are. And it isn’t as if there is a compelling alternative to orthodoxy, if there were we wouldn’t be in this never ending and unproductive cycle of throwing stones at the establishment. I think we all ought take […]

    Economics / economic theory, inequality /

    Clockwork Justice?

    July 3, 2014

    One of the central beliefs held by people who advocate a market based worldview is that, somehow, markets are apolitical, they are antiseptic, they are objective. This is nonsense. It is dangerous nonsense. That markets work according to rules does not make them objective or even impersonal. Rules are human constructs. Ergo markets are simple […]

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