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    Economics / complexity, cybernetics, Dan Davies, economic theory, Jacob Hacker, Milton Friedman, neoliberalism /

    A Review of Dan Davies’ Book

    July 30, 2024

    I finally read “The Unaccountability Machine”, the book by Dan Davies.  It’s worth the effort.  You can read it in a number of ways.  As a peon to cybernetics and Stafford Beer.  As a critique of the absurdity of economics.  As a summary of the development of management theory.  Or as a summary of the […]

    Economics / Brad DeLong, Dan Davies, economic theory, Janeway, Mesoeconomics /

    On Janeway’s Mesoeconomics

    July 8, 2024

    PART ONE Oh my.  Apparently Brad DeLong and I have the same problem.  He, of course, is part of the elite club.  I am decidedly not.  So it is quite a shock to share something. What? He set out to write an 800 word review of Dan Davies’ new book and ended up about 5,000 […]

    Economics / Alfred Marshall, business firms, economic theory, evolutionary economics, factors of production /

    Lost Opportunities?

    May 13, 2024

    A pile of bricks is not a house.  A group of individuals is not an economy. A lot has to happen between the one and the other.  Which is why writing theories about economies as if it were simply an accumulation of individuals and their associated capital base misses the mark.  Nor is it simply […]

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