Lars P. Syll

Mauricio Rojas — historierevisionisten som fick avgå efter 94 timmar Protestvågen tvingade regeringen att acceptera folkomröstningar om en ny demokratisk konstitution … I författningskonventet som omfattar 155 medlemmar gäller paritet mellan män och kvinnor, ursprungsbefolkningen garanteras sjutton mandat … Den chilenska högern vill undergräva konventets legitimitet. En framträdande kritiker är de svenska liberalernas nya ledargestalt och riksdagskandidat...

‘Vår ekonomi’ — nationalekonomisk lärobok med stora brister Varje höst håller your truly sedan fler år tillbaka en introduktionskurs i nationalekonomi för blivande gymnasielärare. Förutom några av mina egna böcker, står även Klas Eklunds Vår ekonomi på litteraturlistan. Vår ekonomi kom år 2020 ut i sin femtonde upplaga. Imponerande och i sig ett bevis på bokens många förtjänster, inte minst de pedagogiska. Men tyvärr har boken också — fortfarande — några...

Mainstream economics — a harmful fantasy Anyone who accepts the Neoclassical definition of ‘rational’ has, to some significant degree, lost touch with reality. So, I was expecting an ‘irrational’ reaction from this young zealot to my talk … He tried to engage me in further debate after the session, and shouted ‘But we have to make some simplifying assumptions!’ at me as I left the seminar room. My riposte, cast over my receding shoulder, was ‘Mate, you have...

The nature of money Money is a component of the community’s accounting system, formed by way of allocating some kind of thing to a money position … In short, a community’s money is identifiable as that kind of thing which is everywhere enabled to serve as a general means of payment, the latter property being its nominal essence or function; and money’s nature or real essence is the set of rights and obligations (of participants of the monetary community) in...

Rom i regnet (personal) .                                                                                                                                 [embedded content] Till Anna — som fick mig att överleva tre ändlöst långa gymnasieår. Och till Ulf — som skriver den sorts musik som glömskan inte rår på.

Rational expectations — the triumph of ideology over science  For more than 20 years, economists were enthralled by so-called “rational expectations” models which assumed that all participants have the same (if not perfect) information and act perfectly rationally, that markets are perfectly efficient, that unemployment never exists (except when caused by greedy unions or government minimum wages), and where there is never any credit rationing. That such...

The road to hell .[embedded content] [embedded content]

Long ago, I was wounded. I lived to revenge myself against my father, not for what he was— for what I was: from the beginning of time, in childhood, I thought that pain meant I was not loved. It meant I loved.

Critiques du système quantitatif 2012, à San Francisco, une Déclaration sur l’évaluation de la recherche (DORA) était proclamée, signée par des centaines d’acteurs de la recherche dans le monde, insistant sur le fait que « le contenu scientifique d’un article est beaucoup plus important que les indicateurs de publication ou l’image de marque de la revue dans laquelle il a été publié ». Le texte précisait « la nécessité de mettre un terme à l’utilisation...

SMD theory means that assumptions guaranteeing good behavior at the microeconomic level do not carry over to the aggregate level or to qualitative features of the equilibrium. It has been difficult to make progress on the elaborations of general equilibrium theory that were put forth in Arrow and Hahn 1971 … Fifteen years after General Competitive Analysis, Arrow (1986) stated that the hypothesis of rationality had few implications at the aggregate level. Kirman (1989) held...