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    Economics / austerity, business investment, consumption, demand, economic policy, economic theory, government spending, growth, monetary policy, Obama, plutocracy, Republicans /

    Five Years Already

    September 11, 2013

    Amazing. It’s roughly five years since the economy tanked, since Lehmann folded, and since we began to discuss the worth or otherwise of bailouts. Five long years. Five fairly rotten years. In that time we have been stuck in more ways than one. First: economic policy has been somewhere between pathetic and horrible. The Obama […]

    Economics, Uncategorized /

    The Firm – A Note To Myself – Part Bibliography

    September 9, 2013

    Armen Alchian Harold Demsetz “Production, Information Costs, and Economic Organization” AER, ?? Armen Alchian “Uncertainty, Evolution, and Economic theory”, Journal of Political Economy, 58, 1950, pp. 211 – 221 Sharon Alvarez Jay Barney “The Entrepreneurial Theory of the Firm”, Journal of Management Studies, 44, 2007, pp 1057 – 1063 Ash Amin Patrick Cohendet “Architectures of […]

    Economics / austerity, economic policy, government spending /

    Three Gripes

    September 4, 2013

    One: since when has Labor Day been a celebration of entrepreneurship? So poorly do our Republicans think of America’s workers that they cannot bring themselves any longer to make even cursory reference to labor on Labor day. Instead they refer to it as being a day when we come together to honor those who take […]

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