Taxes, and the Parable of “Turning Litter Into Money”
I take my business cards out here, and these are twenty dollars a piece, if anybody wants to buy any. No? Any takers?
Read more...Category Archives: The dismal science
The Operation and Demise of the Bretton Woods System: 1958 to 1971
Even though the Bretton Woods system was short lived, legacies like the dollar standard remain and are likely to be with us for some time.
Read more...Against False Arrogance of Economic Knowledge
The shortcomings of economic reasoning are well known, yet mainstream practitioners embrace and defend them.
Read more...The Failure of Austerity in the Great Recession
More evidence that austerity is a bad idea.
Read more...How Land Disappeared from Economic Theory
Why the removal of land from economic theory is a glaring oversight.
Read more...Embracing the Silver Economy
Does the silver economy, meaning one where the over 65 age cohort is growing faster than other age groups, have a silver lining?
Read more...The Paradoxes of Fiscal Austerity in Brazil
Brazil as a test case of austerity per neoliberal theory v. outcomes.
Read more...MIchael Hudson: The Democracy Collaborative
Michael Hudson gives new riffs on his regular themes: classical economics and its perversion by Hayek, rentier capitalism, debt jubilees.
Read more...The Mechanical Turn in Economics and Its Consequences
A historical discussion of the fondness of economics to envision economies as machines.
Read more...Reader Query: Do You Feel Facebook Ads Target You Accurately?
Facebook advertising metrics and you!
Read more...Here Come the Robots: Your Job Is at Risk
How robots threaten jobs in emerging economies.
Read more...Taxing Robots?
Contra Bill Gates, economists are not keen about taxing robots.
Read more...Can Uber Ever Deliver? Part Nine: The 1990s Koch Funded Propaganda Program That is Uber’s True Origin Story
The perception that Uber is a competitive success comes from a recycled propaganda campaign.
Read more...Apprenticeship and the Rise of Europe
How the apprenticeship system developed and gave Europe an edge.
Read more...Keynesianism and the Great Recession
Why abandoning Keynesianism in favor of neoliberalism set up the financial crisis and led to inadequate post-crisis responses.
Read more...