Category Archives: Real World Economics
Economics as Superstructure
Economics as Superstructure March 26, 2015Editor Norbert Häring‘s presentation for the seminar “Economics and Power” on 23 March 2015, House of Lords, London: Ladies and Gentlemen, To pay tribute to the Marxist jargon, in which Lord Skidelsky has phrased the title … Continue reading
Why Paul Krugman is no real Keynesian
Why Paul Krugman is no real Keynesian March 26, 2015Editor from Lars Syll Keynes’s insights have enormous practical importance, according to Lance Taylor and Duncan Foley (who jointly received the Leontief Prize for Advancing the Frontiers of Economic Thought at Tufts … Continue reading
The Larry Summers’ Memo: Academics as “Little Eichmanns”
from The Whirled Bank Group http://www.jdjournal.com/2015/01/23/clinton-dershowitz-flew-on-sex-jet-with-jeffrey-epstein/?hvid=3dO0Rk The Memo DATE: December 12, 1991 TO: Distribution FR: Lawrence H. Summers Subject: GEP ‘Dirty’ Industries: Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the … Continue reading
An Urgent Need to Renew UN Efforts to Create a Multinational Legal Framework for Sovereign-Debt Restructuring
An Urgent Need to Renew UN Efforts to Create a Multinational Legal Framework for Sovereign-Debt Restructuring Post Categories: Economy Joseph E. Stiglitz / Martin Guzman | Sunday, March 8, 2015, 3:16 Beijing A Fair Hearing for Sovereign Debt NEW YORK … Continue reading
Microfoundational cyborg dream and Neoclassical Economics
Microfoundational cyborg dream March 6, 2015 from Lars Syll – Are macro-economists doomed to always “fight the last war”? Are they doomed to always be explaining the last problem we had, even as a completely different problem is building … Continue reading
Evidence of intelligent life in the economics profession [STTPML:??]
Evidence of intelligent life in the economics profession March 3, 2015deanbaker1 from Dean Baker Last month, former Clinton Treasury Secretary and top Obama adviser Larry Summers ripped into those arguing that more education is the answer to the country’s inequality … Continue reading
Economists pretending to know
Economists pretending to know March 2, 2015Editor from Lars Syll We are storytellers, operating much of the time in worlds of make believe. We do not find that the realm of imagination and ideas is an alternative to, or retreat from, … Continue reading