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Has Economics Done Anything?

One of the blogs I read regularly is that called “Unlearning Economics”. I recommend it to you. A recent entry questions the efficacy of economic theory/thought. The challenge it issues is to come up with notable cases where economics has a definitive positive effect. The conclusion is that there are few. Certainly far fewer than […]

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Happy Shutdown Eve

With dysfunction the norm and with the extremists in control, shut downs are likely to become more frequent. So we need to invent a whole panoply of shut down humor, salutations, and perhaps even note cards we can send each other. Heck shut downs may become a national holiday right up there with Thanksgiving. I […]

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C—- W–f—

Here in the US we are not supposed to talk about c—- w–f— because, well it’s the land of opportunity, and classes don’t exist. That’s a problem for the old world. Here in this new world c—- w–f— cannot occur. Rubbish. Poor Robert Reich endured a confrontation at an airport. He was branded a Commie […]

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