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    Economics / Adam Smith, Business Theory, Chandler, economic theory, Haldar, plutocracy, rent seeking /

    An Order of Men

    October 2, 2023

    And women in this more enlightened era. One of the great ironies of the last few decades is the ascendancy of “individualistic” thinking in  economic theory combined with the primacy of the “collective” we call the corporation in the real world.  The two offer highly contrasting explanations of how economic activity takes place.  The one […]

    Commentary, Politics / democracy, Levitsky, plutocracy, republican party, Ziblatt /

    Democracy in America?

    September 21, 2023

    Levitsky and Ziblatt ask:  “Imagine an American born in 1980 who first voted in 1998 or 2000.  The Democrats would have won the popular vote in every six-year cycle in the U.S. Senate and all but one presidential election in her lifetime.  And yet she would have lived most of her adult life under Republican […]

    Economics, Politics, Uncategorized / Brad DeLong, capitalism, democracy, economic history, Gray Gerstle, growth, plutocracy /

    Notes for the Beginning of: What to Do?

    July 27, 2023

    This is how I explain what has happened to myself. Nobody should begin without warning.  So we ought jot down some initial observations that provide a starting point for what follows.  Some will become highly relevant.  Others will fade as we dig deeper into our subject and discover that they were not germane to the […]

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