Round for Dinner
My Christmas card from Esther and Abhijit Circular arguments ensue after a round of experiments. And Thomas’ culinary efforts return to the earth. I must admit that last week was …
Read MoreTag: Economics
Why we should abandon GDP
Gross Domestic Product is the most popular and useless quantity in economics say Erald Kolasi and Blair Fix. For all that it purports to say, Gross Domestic Product (GDP) fails …
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Hidden in plain sight
Alan Freeman interprets the art of deft manipulation of fact used in painting an unrealistically assuring, yet remarkably convincing picture of international inequality. In his 1997 book, The Demon-Haunted World: …
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The silence about violence
Susie Steed used to teach economics to undergraduates, but she can’t bear to any longer. She tells why. I’ve been trying to describe to people why I’m no longer teaching …
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Economics: A Crash Course : Become An Instant Expert by David Boyle & Andrew Simms
From Publisher: Not long ago, economic theories were generally based on a narrow set of principles. Then the continuing boom-bust cycle combined with the failure of the best economic minds …
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Impoverished economics? Unpacking the economics Nobel Prize
When the world is facing large systemic crises, Ingrid Kvangraven asks why is the economics profession celebrating small technical fixes? This week it was announced that Abhijit Banerjee, Esther Duflo …
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Is there a future for Heterodox Economics?
Over the last 50 years, the community of heterodox economists has expanded, and its publications have proliferated. Heterodoxy was given a big boost after mainstream economics was discredited by the …
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#NotTheNobel Prize – Final Event
Our economic system is driving us towards a perfect storm. We are facing ecological breakdown. Rising debt is threatening a new financial crash. Inequality is pulling societies apart. For 50 …
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Hardcore Peripheries
Ingrid Kvangraven, Farwa Sial and Carolina Alves explore the relevance of dependency theory today. Why are some countries rich and some poor? Why is it difficult – seemingly impossible – …
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One for the converted
Tim Gooding articulates a bold and detailed vision for complexity and agent-based economics, but ultimately left me feeling frustrated with a book isolated by its insistence on standing so far …
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