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    Politics / democracy, Jonathan Rauch, plutocracy /

    So Wrong

    August 17, 2016

    Jonathan Rauch has just written an absurd article for The Atlantic magazine. It isn’t often that I say such things – well except every time I talk about rational expectations, but that’s just me – but his entire thesis reeks of defeatist nonsense, is anti-democratic, and antediluvian to boot. What’s worse, his argument builds from a […]

    Economics / Business Theory, capitalism, democracy, Drucker, economic theory, Hayek, Karl Popper, plutocracy, Schumpeter, von Mises /

    The Paradox of People

    August 11, 2016

    Yesterday I stirred up a certain curiosity as to why I had lumped Peter Drucker into the same bag as both von Mises and Hayek. Well, simply put, the three of them, along with Karl Popper and Joesph Schumpeter, had an enormous, even oversized, impact on modern economics. Yes economics. Let’s not fall into the […]

    Economics / austerity, capitalism, democracy, Hayek, Milton Friedman, neoliberalism, plutocracy, Tony Judt, von Mises /

    Trump, Denial and The End of Normal

    August 10, 2016

    Shocking is an understatement. Donald Trump is unfit for public office, be it town clerk or president of the US. He’s an unbalanced egomaniac. He’s a racist. He’s an immature misogynist. He’s many other awful things. Presidential, he is not. How did we get here? Failure. But a particular kind of failure. Failure dressed as success. […]

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