Category Archives: The dismal science

Why Progressives Are Lame

Yesterday, we ran a post by Bill McKibben on leadership in social change movements. McKibben argued for a “small l” leader model versus a “big L” leader, which readers debated. Some argued that the Leader model was really code for “Great Man” that was a less viable approach than it once was due to assassinations. Others were struck by the emphasis on distributed leadership, which is an obvious analogy to modern computer and communications networks, and how political commentators to frame their ideas of social order in terms of the technology of the day. Some pointed out that the idea of minimal oversight and control of communities was a long-stading Utopian line of thought, often espoused by people who wound up implementing the exact opposite.

However, I was particularly struck by Dan Kervick’s remark, which came late in the thread:

Taking the Rhetorical Bias Out of Economists’ Discussions of Income Taxation and Public Spending

Yves here. Mirabile dictu! A VoxEU article discusses, admittedly in suitably dense economese, how economists create and enforce biases against taxation by using terminology that presupposes that it’s bad. And as Lambert noted after he saw it went up here: “That post got Tyler Cowen really ticked off, so it must be good.”

Fixing Old Markets With New Markets: the Origins and Practice of Neoliberalism

Philip Mirowski is the Carl Koch Professor of Economics and the History and Philosophy of Science University of Notre Dame. Professor Mirowski’s latest book is Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown

The interview was conducted by Nathan Tankus, a student and research assistant at the University of Ottawa. He is currently a Visiting Researcher at the Fields Institute

Bill Black: Rajan Calls Krugman “Paranoid” for Criticizing Reinhart’s and Rogoff’s Research

By Bill Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City. Cross posed from New Economic Perspectives

This article discusses a simmering feud among five of the most prominent economists in the world (two of them Nobel Laureates).

Ilargi: London Is Fracking, And I Live By The River

By Raúl Ilargi Meijer, editor-in-chief of The Automatic Earth, Cross posted from Automatic Earth

It’s a state of mind, a way of thinking and a belief system bordering on outright religion all in one. If it would be recognized as a religion, it would be the world’s biggest. Its followers and proponents hold that growth is a necessary element of survival, that technology is capable of solving all problems (especially those caused by mankind), and that the earth, nature, the living environment, is there for mankind to be exploited at will to achieve that growth

To End the Eurozone Crisis, Bury the Debt Forever

The Eurozone’s debt crisis is getting worse despite appearances to the contrary. How can we end it? This column presents five major options for reducing crisis countries’ debt. Looking into the details, it seems the only option that is both realistic and effective is for countries to default by selling monetised debt to the ECB. Moral hazard aside, burying the debt seems to be the only way we can end the crisis.

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Category Archives: The dismal science

Taking the Rhetorical Bias Out of Economists’ Discussions of Income Taxation and Public Spending

Bill Black: Rajan Calls Krugman “Paranoid” for Criticizing Reinhart’s and Rogoff’s Research

Ilargi: London Is Fracking, And I Live By The River

To End the Eurozone Crisis, Bury the Debt Forever

Austerity Claims Victory in Europe

“The Media Just Won’t Report on This Crappy Economy,” Such As 80% of US Adults Near Poverty, GDP Funny Business

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