Monthly Archives: March 2014

Inequality and Growth – Two Sides of the Same Coin

In a cogent and extremely relevant article posted on January 16, 2014 (here), Neil Buchanan asked: Where Have the Academic Experts Been Hiding? Here’s the part I want to talk about: The Role of Scholars in Economics in Downplaying Inequality What is surprising is … Continue reading

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Amygdalas Economicus: Perspectives on Taxation

(Return to the Contents Topics page.) (Illustration by John Berkerly for The Economist, July 16, 2009) To understand how the rich and powerful managed to replace the “invisible hand” of the open market with the invisible fist of their autocratic institutions, we have…

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Finding a New Macroeconomics: (10) Reinhart, Rogoff, and Redistribution

An insistent question of our time is, how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how…

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Pixie Dust

[Note – This is a re-posted article, originally posted here on 2/13/13.] (Pixie by Dawny Dawn) The “science” of economics today is not merely and institutionalized form of neo-feudal philosophy, nor is it merely an ideology of darkness that erects … Continue reading

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