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    Economics / capitalism, democracy, economic policy, James Meade, plutocracy, regulation /

    James Meade Redux

    November 10, 2016

    Well, that was fun. A rebellion has swept away the establishment. I never thought I would say that the rebellion would be manifested within the GOP and that the establishment would be within the Democrats, but that’s what we just witnessed. We on the left must accept that whatever we were saying just didn’t resonate with enough people. […]

    Economics / economic theory /

    Can We Move On?

    October 17, 2016

    Really. I am hardly alone in ranting on about economics, but it never changes. How can it? The intellectual honesty required to make the sort of shift needed to recapture the discipline’s honor simply doesn’t exist. Its practitioners are too deeply embedded and ingrained. Its students are too intimidated by the burden of its closed […]

    Economics / economic theory /

    Liberation Day

    October 17, 2016

    Let’s have fun: There are probably plenty of people out there who are intimidated by the constant jargon and obscurity of economists. After all economics is well known to be laden with mathematics, counter intuitive insights, and all manner of models — large and small — to cover situations that most of us have never thought […]

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