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    Commentary / Brexit, capitalism, democracy, plutocracy, Populism /

    Brexit

    June 28, 2016

    My summary of the discussion prior to the Brexit vote: Why? Why not? Consequences be damned. How very British. Let’s all remind ourselves of how this came about: the referendum was scheduled as a sop to the far right and traditionally anti-EU wing of the ruling Conservative party in order to shore up support going […]

    Economics / Bernie Sanders, capitalism, democracy, economic theory, James Meade, plutocracy /

    Practical Economics is Radical?

    June 16, 2016

    I have a book by James Meade published in 1975. It’s called “The Intelligent Radical’s Guide to Economic Policy”. Thumbing through it reveals how some things never change and yet, also, how the neoliberal suffocation of economic thinking and policy has allowed us to drift from a socially just economy. He ends his first paragraph thus: […]

    Economics / economic theory, Thomas Sargent /

    Laughingstock or Fog?

    June 14, 2016

    Let’s have some fun: Economics deserves to be a laughingstock. Really, it does. No one can take it seriously. I have tried. The effort isn’t worth it. This doesn’t mean that there aren’t a ton of interesting things littered throughout the odd landscape of economics, it’s just that most of them are not particularly unique to […]

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