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    Economics, Politics / capitalism, democracy, Hillary Clinton, plutocracy, Trump /

    Trumped?

    March 2, 2016

    My head hurts this morning. I don’t know why I would be so disoriented by Trump’s continued rise to power, it was, after all very predictable once he entered the race, but it still hurts. And, yes, it was predictable. The Republican party has steadily vanished into a haze of obstreperous religious business driven drivel […]

    Economics / Adam Smith, Arrow-Debreu, economic theory, General equilibrium, health care /

    What Would Smith Say?

    February 24, 2016

    Sometimes I pity poor Adam Smith. I really do. He’s an accidental icon of all that’s wrong in economics. And let’s face it that’s a lot of wrong to be an icon of. How many times have we all been reminded that his metaphorical reference to an invisible hand performing some wild and strange magic […]

    Uncategorized / Alan Krueger, Bernie Sanders, capitalism, democracy, plutocracy, rent seeking, Uber /

    The Times Are A’Changing – Uber Style

    February 22, 2016

    Well at least in my head. One of the reasons this year’s presidential election is so interesting is that it is the first where younger voters – aka the “millennial generation” – will make up the same proportion of the electorate as do baby boomers. The times, as the baby boomer song goes, are a’changing. […]

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