…give out their full productive energy, they would only expedite this process of congestion and depression. This, I think, is the underlying economics of ‘ca’ canny.’ If this labour-economics stood…

…with permission). Sometimes I mention to acquaintances that much of what they read that is called economics is NOT ‘economics’, even in general terms, largely because the second or third…

by Sandwichman Why Economists Are Bad At Economics If you want an informed, thoughtful analysis of the effects of robotization on productivity, investment, employment and wages, ask an art school…

(/Dan here…lifted from Robert’s Stochastic Thoughts) The Long Run and International Economics I am still thinking about Krugman and the Gravelle GeardownDo click the link if you are interested in…

How to stay awake for economics!…

Mainstream Economics become the celebration of the wealthy rentier class To paraphrase Mark Twain, everyone complains about inequality, but nobody does anything about it. What they do is to use…

…piece is part of a series from Steve Keen, Climate Change and the Nobel Prize in Economics: The Age of Rebellion. In the previous post, Keen noted the contrast between…

NPR’s Planet Money went to the 2020 American Economic Association conference in San Diego where they asked economists, “what is the most useful idea in economics?” David Autor appears near…

“I Quit” Micheal Smith, The Ethics and Economics of Farmers Markets It is early, frosty mornings such as these where I would love to sleep past 6am, enjoy a cup of…

…be competitive with fossil fuels. Like hell, it does. Markets may, probably do, have a place in an economy, but this isn’t one. It isn’t even about economics. It is…