The Radford Free Press – Page 8 – All life is problem solving.

Economics / Coase, economic theory, Hicks, Jonathan Levy, Mankiw, Marshall, Robbins /

Vapor Where? Vaporware!

July 3, 2025

Yes. I know. I can be flippant at times. Economics is fun. So why not? One of my favorite sayings over the years — I have repeated myself endlessly — is that economists do not study the economy. Not at all. They study economics. Or, more accurately, they study the assemblage of bits and pieces […]

Economics, Politics / capitalism, democracy, economic theory, Michael Strain, plutocracy /

The Strain is too much

July 3, 2025

Picking up where I left off … And, just for fun … We need more billionaires! No. Really. That’s the message delivered by Michael Strain in this morning’s Financial Times. After all, where would be without them? Strain is, as we all know, associated with the American Enterprise Institute, and is thus a wholly […]

Politics / capitalism, democracy, plutocracy /

Tooze Goes There

June 30, 2025

Ctrl. Alt. Democracy. What is democracy for? There is a huge cloud of dust at the moment as both centrist and leftish commentators decry the constant battering Trump and his minions are delivering to what we call American democracy. This stream of criticism focuses relentlessly on the undermining of institutions and norms of behavior that […]

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