The Radford Free Press – Page 45 – All life is problem solving.

Commentary, Economics / benefits, Biden, digital revolution, industrial revolution, shareholder value, wages, workplace /

Reform of What?

March 23, 2021

We have heard a great deal in the American media about the so-called Biden reform agenda. The huge injection of government spending into our hibernating economy is meant not just to sustain it until we arrive at a post-pandemic moment when it will spring back to life by itself, but also to reform it. That […]

Commentary, Economics / capitalism, democracy, shareholder value, social question, technology, Tony Judt /

The Social Question

March 8, 2021

If you were to ask me what the greatest intellectual error of the past fifty years has been I wouldn’t hesitate. Shareholder value. It’s an easy response. Yes, it reflects my own curious interest in the fundamentals of business and its intersection with economics, but it is also emblematic of so much more. Derived as […]

Economics / Brian Arthur, complexity, market failure, Philip Anderson, Texas /

Sameness is Just Wrong

February 24, 2021

There is something truly odd about any economist who lives wholly in the world of equilibrium. Truly odd. Just think of what they have to assume to get there: The first step is to make sure the problem they are tackling is well defined. Really well defined. Without ambiguous objects lurking in dark corners. The problem […]

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