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    Economics / capitalism, democracy, Hayek, inequality, neoliberalism, von Mises /

    Neoliberal Angst?

    January 31, 2024

    I wonder why it is that neoliberals so reject the label we have given them.  Is it because they’e embarrassed?  I don’t think so.  They all seem very proud of their attachment to the old order.  Every so often one of them will surface and proclaim bitterly that they are misunderstood and they they don’t […]

    Economics / economic theory, growth theory, Solow, Vollrath /

    Dark Matter

    January 11, 2024

    The mysteries of growth elude us. That’s the best conclusion to draw from reading Dietrich Vollrath’s book “Fully Grown”.  This is unfair to Vollrath whose thesis is simply that recent slower growth can be explained by taking a look at demographics.  Societies with a large elderly population as a percentage of their total are destined […]

    Commentary, Economics / capitalism, economic theory, Friedman, Hayek, Lippmann, Mount Perelin Society, neoliberalism, plutocracy, powell memorandum /

    Pondering Neoliberalism … Again

    January 8, 2024

    Depending on what the current argument was, agents were either stupid or all-knowing.  If ever there was an indictment of modern economics as being entirely ideological rather than empirical, it is this unresolved paradox.

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