The Radford Free Press – Page 71 – All life is problem solving.

Economics, Politics / capitalism, democracy, economic policy, economic theory, gig-economy, growth, oligarchs, plutocracy, Republicans /

The Market Turn

January 2, 2017

I am going to be writing an extensive review of Avner Offer and Gabriel Söderberg’s excellent book: “The Nobel Factor” in the near future. Meanwhile allow me to share a a couple of early comments because they bear heavily on how we all approach the Trump administration. Offer and Söderberg clarify the circumstances behind the […]

Economics / economic theory, Friedman, Hayek /

The Naivety of Economics

January 2, 2017

Economics plays a large part in the determination of policy and thus has an impact on our lives way disproportionate to its accomplishments. Because we are about to enter a period of great uncertainty that many of you express deep concern over, and because economic policy looms large within that concern, some of you ask […]

Commentary, Economics, Politics / capitalism, democracy, gig-economy, jobs, plutocracy, Trump /

A New Year — Happy or Not

January 1, 2017

I am not going to become involved in endless analysis of Trump’s presidency. I think we ought let it speak for itself. Nor am I going to waste space critiquing the huge contribution that academic economics has made to Trump’s rise to power. I think the anti-democratic nature of mainstream economics is both palpable and […]