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Science or Politics?

Paul Krugman, with whom I do not always agree, asks two very pertinent questions: “Were the freshwater guys always just pretending to do something like science, when it was always politics? Is there simply too much money and too much vested interest behind their point of view?” Let’s set aside our differences for a moment […]

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Affluent Rules

A couple of weeks ago I led off an article with a quote from a new Gilens and Page paper – linked to in the article. Subsequently I have acquired and waded through the Gilens book “Affluence & Influence”. Time for a few more quotes, all from page 81 of the aforementioned book: “The complete […]

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The Economist Gets Sniffy

The Economist magazine must have been scratching its editorial head recently as it tried to summon up a good response to the Piketty book. Looking at its leader article in the May 3rd edition, I suspect the effort wasn’t worth it. The leader headline says it all: “A modern Marx”. The book, we are told, […]

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