The Radford Free Press – Page 16 – All life is problem solving.

Economics / capitalism, democracy, economic theory, neoliberalism, plutocracy /

The Great Re-Boot. Perhaps.

November 29, 2023

I keep coming upon ideas that seem to make such sense that, surely, they have been imported into economics. But, no, hubris prevents an expansion of the discipline to include such novelty. The threat they represent to the entire mainstream edifice is too much of a threat. The guild closes ranks. The guild closes its […]

Economics / capitalism, democracy, economic theory, inequality, Milanovic, plutocracy /

Milanovic Gets Feisty

November 14, 2023

How can you construct a theory of economic activity that excludes the power embedded in relationships between the various actors on the stage you are directing? More to the point why would you? To ignore power is to ignore reality. I think, perhaps we need to reverse those two questions. You see, power matters even […]

Economics / Andreesen, capitalism, democracy, economic theory, machinery question, plutocracy, technocracy, technology, total factor productivity /

Andreesen At Bay

October 26, 2023

The machine makers are restless! There’s quite a debate going on about something called “techno-optimism” which roughly translates as anything technological is good and will, inevitably, make us all much better off. That it makes fortunes for its owners is of secondary importance. The debate has emerged as a result of the publication of Marc […]