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    Economics / Alan Krueger /

    Krueger

    March 19, 2019

    I want to note, with sadness, the death of Alan Krueger who was one of those economists undaunted by the existence of the real world and all its complexity, and had the courage to present conclusions based on empirical work rather than on pure theory. Others will write more cogently than I can about his […]

    Economics, Politics / capitalism, democracy, economic theory /

    Uncertain

    March 15, 2019

    I am not quite sure what to make of the phrase “radical uncertainty”.  It pops up in most discussions of Keynes as being a critical, if not the critical, point of departure of his thinking from the silliness we know as classical economics. Is radical uncertainty a redundant statement?  If something is uncertain, what is […]

    Economics, Politics / capitalism, democracy, economic theory /

    Anti-Social Economics

    March 4, 2019

    Some jumbled thoughts prompted by my recent reading of Robert Skidelsky’s book, “Money and Government” Just how anti-social is economics? I don’t think the question is difficult to answer: economics in its modern mainstream form is, at its heart, designed to undermine democratic government.  It is, therefore, profoundly anti-social. The genesis of this antipathy towards […]

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