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    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 […]

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