I would post a link to Martin Wolf's article but it is behind a paywall at the Financial Times. So this will have to do unless you have access. Somewhat embarrassingly, Brad DeLong gets Mariana Mazzacuto's name wrong. Oh, well, I make mistakes like that, too, on occasion.Wolf review poses a very pregnant question, "… she forces us to ask ourselves what adds value to society and how to create an economic and social order that promotes that."WCEGThe extremely intelligent Martin Wolf...
Read More »Michael Roberts — The value (price and profit) of everything
Mariana Mazzacuto’s new book, The value of everything, seems to have caught the imagination of the liberal wing of mainstream economics. It has even won the accolade of a review in the UK’s Financial Times by top mainstream Keynesian economic journalist, Martin Wolf and was launched at an event at the London School of Economics. Mazzacuto previously wrote an important book, The Entrepreneurial State, that ‘debunked’ the myth that only the capitalist sector contributes to innovation while...
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