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Read More »Michael Sandel and democracy’s discontent
.[embedded content] Sandel is — as always — both incisive and sensible in his analysis. As did Polanyi decades ago, Sandel shows the dangers of letting market economies drift into becoming market societies.
Read More »The tractability hoax in modern economics
The tractability hoax in modern economics While the paternity of the theoretical apparatus underlying the new neoclassical synthesis in macro is contested, there is wide agreement that the methodological framework was largely architected by Robert Lucas … Bringing a representative agent meant foregoing the possibility to tackle inequality, redistribution and justice concerns. Was it deliberate? How much does this choice owe to tractability? What...
Read More »Nothing compares to you
Nothing compares to you .[embedded content] Shuhada’ Sadaqat — known professionally as Sinéad O’Connor — 1966-2023. RIP.
Read More »Out of Time
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Read More »Universalism vs woke racism
Universalism vs woke racism You may argue that theory is secondary: of course woke activists seek solidarity, justice, and progress. Their struggles against discrimination are animated by those ideas. But they fail to see that the theories they embrace subvert their own goals. Without universalism there is no argument against racism, merely a bunch of tribes jockeying for power. And if that’s what political history comes to, there’s no way to maintain a...
Read More »Ski-Ba-Bop-Ba-Dop-Bop
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Read More »Poverty in Britain
.[embedded content] 1-in-4 people in the UK live below the poverty line. Around 15 million people were living in poverty in 2021/2022, according to the government’s annual ‘households below average income’ report. That is outrageous!
Read More »The 25 Best Econometrics Blogs and Websites
The 25 Best Econometrics Blogs and Websites Yours truly, of course, feels truly honoured to find himself on the list of the world’s 25 Best Econometrics Blogs and Websites. 2. Bruno Rodrigues 8. Eran Raviv Blog Statistics and Econometrics 13. How the (Econometric) Sausage is Made 14. Lars P Syll Pålsson Syll received a Ph.D. in economic history in 1991 and a Ph.D. in economics in 1997, both at Lund University. He became an associate professor in economic...
Read More »The difference between logic and science
The difference between logic and science That logic should have been thus successful is an advantage which it owes entirely to its limitations, whereby it is justified in abstracting — indeed, it is under obligation to do so — from all objects of knowledge and their differences, leaving the understanding nothing to deal with save itself and its form. But for reason to enter on the sure path of science is, of course, much more difficult, since it has to...
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