Economists Owe Ecology an Apology
…so on), we continue to make it today when we underestimate the complexity of our human and natural worlds. That miscalculation leads to the second defect in which economists promote…
…so on), we continue to make it today when we underestimate the complexity of our human and natural worlds. That miscalculation leads to the second defect in which economists promote…
…not take a majority of the worlds nations or a super majority like the original 13 colonies for this document to have power. It has power because those writing it…
…especially in the “MM” worlds, are at their root disagreements about what “funds” what (frequently compounded by imprecise sector definitions with different parties using different implicit definitions), and the rhetorical…
…hedge fund and private equity managers ultimately both claim to get the best of all possible worlds–their wages from work are not currently taxed as wages at ordinary income rates,…
…to political. Legislation that has been tried and tested over half a century in the first world (Germany, France) moving to the second and third worlds (Argentina, Indonesia) as well…
…now must, obviously and inevitably, be the best of all possible worlds, and absent massively overwhelming evidence that’s universally agreed upon, we shouldn’t do anything different because we just don’t…
…In my model here and here looking at how (re)distribution of wealth affects demand, hence production, and In discussions of imaginary ultra-high-productivity worlds in which a single person could own…
…middle of Lon Gisland—are getting the worst of both worlds. Just to relate this to finance: I really wouldn’t go long any insurance companies (or even reinsurance companies) just yet….
…four including Bernanke I’d bet) don’t mostly agree but agree completely except for a bit of different emphasis. Still I fear the dread worst of both worlds compromise. It seems…
…the result is a wash and more likely the net effect is negative. If this is right, U.S. workers may have the worst of both worlds: they are harmed by…