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A Reminder on Democracy

I am cleaning up my files. The Gilens and Page article on democracy in the US is in the pile. This is a reminder of their conclusion: “Despite the seemingly strong empirical support in previous studies for theories of majoritarian democracy, our analyses suggest that majorities of the American public actually have little influence over the […]

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Unsound on Equality

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 […]

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Various Thoughts

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 […]

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