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    Commentary / plutocracy /

    The Radford-Perkins Rule?

    February 14, 2014

    Well Tom Perkins, take a bow. As if your Wall Street Journal letter wasn’t silly enough, you’ve now raised the bar for all subsequent arrogant rich folk to meet. Comparing criticism of the American 1% with the Nazi attacks on Jews is outrageous enough, but suggesting you ought to get more votes because you pay […]

    Economics / economic theory, Keynes /

    Done Over?

    February 10, 2014

    How strange. On the very day I have vented about the odd state of economics and its profound disconnect from reality I read in Paul Krugman’s blog a short piece that links to something by John Quiggin. Allow me to summarize: A recent book, written by someone at the Richmond Federal Reserve, purports to be […]

    Commentary, Economics / economic theory /

    Do Over?

    February 10, 2014

    You would have thought that, after all this time, economics would change. Or be changing. Or even be hinting at the possibility of changing. However, while there are a few encouraging signs, there is precious little sign of said motion inside the citadels that dominate the discipline. We still have a profession stuck in a […]

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