Tag Archives: Rise of the West

The structures of the global economy present challenges to any country or political party that wants to try to break out of U.S. hegemony. Even for countries as big and with as much potential as Brazil or Egypt, countries that have experienced waves of relative independence, the inertia of these economic structures helps send them back into old patterns of extraction and debt. In this moment of right-wing resurgence it is hard to imagine political movements arising with plans to push off...

Marginalist ReOrientation Slow posting for a while. Too many things happening that I didn't comment on, but I'll try to weigh in on the paper by Paul Romer on the trouble with macro. At any rate, the paper DisORIENT: Money, Technological Change and the Rise of the West has been published.

A very short paper on a very broad subject, co-written with David Fields, which was presented at the last ASSA Meetings in San Francisco. It is forthcoming in the Review of Radical Political Economics (RRPE). The title is derived from Gunder Frank's ReORIENT, that David and I always thought was thought provoking, but surprisingly Monetarist in its assumptions about money. The paper also adds a discussion of Pomeranz famous views on the Great Divergence, particularly the views regarding...