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    Uncategorized / economic theory, Robert Gordon, Vitor Gaspar /

    GDP, Growth, Stagnation, Whatever

    May 4, 2016

    I am wading through Robert Gordon’s book “The Rise and fall of American Growth”. Excellent stuff. It really is. Although at over 750 pages it is somewhat daunting. I have also just received in the mail a copy of a book edited by Blanchard, Rajan, Rogoff, and Summers. It’s called “Progress and Confusion: The State […]

    Economics / Andrew Sullivan, capitalism, democracy, plutocracy, Republicans, Trump /

    Trump Denouement

    May 3, 2016

    Here we are. Today might well be the day when Trump seals his coronation as the Republican presidential nominee for this year’s election. Wow. How did this happen? If you get a chance please read Andrew Sullivan’s long article: “America Has Never Been So Ripe for Tyranny” in the latest issue of New York Magazine. […]

    Economics / economic theory, Hayek, Milton Friedman /

    Market Reflex

    April 28, 2016

    There are a few thoughts or words in a normal economics discourse that trigger what I call my ‘market reflex’.  Asad Zaman just triggered it. Of course he didn’t mean to, and the sentence in question is in an article I agree with. Further, the sentence, on the surface, looks and sounds so innocuous. Here […]

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