Lars P. Syll

    Spending most of my time nowadays — in the shadow of the pandemic — at my summer residence in the Karlskrona archipelago, yours truly has plenty of time enjoying nature’s wonders. Pure energy for the soul.

Economics — the new astrology  [embedded content]

    A great economist has passed away. R.I.P.

It’s said that a star falls from heaven each time someone dies  [embedded content]In loving memory of my mother Lisbeth Lissmark Pålsson (1937-1989). Those whom the gods love die young.

Piketty and the need for validating assumptions Say we have a diehard neoclassical model (assuming the production function is homogeneous of degree one and unlimited substitutability) such as the standard Cobb-Douglas production function (with A a given productivity parameter, and k  the ratio of capital stock to labor, K/L) y = Akα , with a constant investment λ out of output y and a constant depreciation rate δ of the “capital per worker” k, where the...

My friend the forest  [embedded content] This one is for you, Jan Milch. A friend non plus ultra.

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La ‘cancel culture’ aux Etats-Unis Aux Etats-Unis, la nouvelle gauche, née des mouvements #metoo et Black Lives Matter, serait à l’origine d’un phénomène qui inquiète de nombreux intellectuels américains, la « cancel culture », autrement dit une tendance à vouloir faire taire des voix jugées dissonantes, dangereuses ou haineuses. Né sur les réseaux sociaux, ce phénomène se traduit par des mobilisations qui ont fini par provoquer des démissions, renvois,...

Why the euro has to be abandoned if Europe is to be saved The euro has taken away the possibility for national governments to manage their economies in a meaningful way — and the people have​ had to pay the true costs of its concomitant misguided austerity policies. The unfolding of the repeated economic crises in euroland during the last decade has shown beyond any doubts that the euro is not only an economic project​ but just as much a political one. What...

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