Why The Late Janos Kornai Did Not Get The Nobel Prize Apparently yesterday Janos Kornai died in Budapest at the age of 94. He was the greatest analyst of the socialist system there was. Indeed, his personal life saw the full history of it in in his native land of Hungary, where, being Jewish, he […]
Bad Biden Foreign Policy I have posted on this previously, but not for a while. The main meme is that for reasons I mostly do not get, Biden has been carrying over a lot of bad Trump foreign policies. Some of them I understand for political reasons, even when they damage the US and world […]
Bad Reporting On Latest Sveriges Riksbank Prize In Memory Of Nobel So the recipients are half of it to David Card for his 1994 study with the late Alan Krueger, who committed suicide not too long ago, on minimum wages, and how raising them might actually sometimes increase employment. The other half was split between […]
The Passing Of Peter Flaschel And The Bielefeld School Of Macroeconomics German economist Peter Flaschel died yesterday at age 78. I am not sure precisely of what, although it was not Covid-19. He had been in declining health for some years, with a heart problem at least. Roberto Veneziani, from whom I learned the news, […]
The Origin Of The Terms “Socialism” and “Communism” This is one of those rare times when I post here about my academic research, but on this matter, well, I think this is of broader interest than the usual obscuranta that I usually study academically. So, my wife, Marina, and I were asked to contribute to […]
EconoSpeak: Will Krysten Sinema Change Parties?, Barkley Rosser, October 5, 2021 I have resisted posting something like this, but while I have yet to see anybody else suggest it, this possibility has been on my mind now for several days. We have never seen to my knowledge a senator refuse to offer their views on […]
The Open Access Movement In Academic Publishing I apologize that I look like someone voting for 3.5 and then sometime later saying that they only support 1.5, but I am not interested now in discussing that matter. So, here I go. 1) I support Open Access in academic journal publications. 2) OTOH I grant that […]
Goodbye Gene Weingarten I am not sure how many readers here know who Gene Weingarten is. He is a humorist who has authored a column for the last 21 years that has appeared each Sunday at the end of the Sunday Washington Post magazine. I am not sure where he was out letting before then, […]
Online Voting Yes, a wonderful innovation!!! No, I had not heard of this before, although maybe somebody reading this had encountered it. So, where is this fabulous innovation being adopted? Why Mother Russia! So polls showed the United Russia Party that supports Vladimir Putin getting only 30% support for the Duma election that just happened. […]
“Bungling The Debt Ceiling,” EconoSpeak, Barkley Rosser It looks like Sen. Chuck Schumer (D-NY) is bungling the matter of raising (or suspending) the debt ceiling, coming due in mid-October supposedly. He could have tied it to reconciliation in August, but decided not to, intent on getting GOPster on board with participating in doing it. But […]