The Radford Free Press – Page 88 – All life is problem solving.

Economics, Politics / capitalism, Cromwell, democracy, plutocracy, Putney Debates, Rainsborough /

Putney Debates and The Trump Adminstration

January 10, 2017

Here’s a well known quote: “For really I think that the poorest he that is in England hath a life to live, as the greatest he; and therefore truly, sir, I think it’s clear, that every man that is to live under a government ought first by his own consent to put himself under that government […]

Economics / economic theory, growth, Robert Solow, Triangle Framework /

Tectonics and Growth

January 4, 2017

My wife is reading Kahneman’s “Thinking Fast and Slow”, somewhere in which he relates his reaction when he first came across the bedrock of mainstream economics: rational microeconomic behavior. I must admit I had a very similar reaction. The description of human behavior that underpins modern economics is so bizarre that my first thought was that it […]

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 […]