At Infidel753 blog, author Infidel has a great commentary from February 14th. He discusses an “exhausted majority” making up America which has found the ongoing politics to be unacceptable, having checked out of either side of the battle. Granted, the politics of elections and the thereafter has turned into a mudslinging contest. The news media reporting has helped to bring it to a new low. People do not even want to listen to the 20 of the 30...

[embedded content]Ryan Chapman On (The History Of) Socialism I found the above video fairly reasonable. Chapman tends to depict history as a debate about ideas, with little about material developments. In other videos, he seems unreliable on the new left, post modernism, and identity politics. My Marx includes a mathematical economist. This post provides some lists. As usual, I expect my lists are quite idiosyncratic. Some items, with more investigation, I might dislike. Books: Gary...

“I just want to read one of Uncle Jimmy’s quotes,” Kim Fuller said during the Sunday school morning service, adding: “Oh, this is going to be really hard.” She referenced this quote from Jimmy Carter: “I have one life and one chance to make it count for something. I’m free to choose that something. … My faith demands that I do whatever I can, wherever I can, whenever I can, for as long as I can.” Kim Fuller adds . . .“Maybe if we think...

With the world increasingly turning away from economic integration and cooperation, the second wave of globalization is threatening to give way to fragmentation and conflict, as the first wave did in 1914. Averting catastrophe requires developing strong political foundations capable of sustaining a stable international order. LONDON – Is the world economy globalizing or deglobalizing? The answer would have seemed obvious in 1990. Communism had just collapsed in Central and Eastern...

Keynes’ General Theory was a massive step forward relative to classical economics, but it was also a step backward in its denial of the conflictual nature of capitalism. There is need to understand Keynes’ technical contributions regarding the workings of monetary economies, but also need to understand the flaws within his thinking and the consequences […]

Congresswoman Marjorie Taylor Greene got a lot of attention over the weekend when she stated that the USA needs a “national divorce”: I try to remain as objective as possible when I am writing here so I am going to apologize in advance if this post sounds political, but secession is a pretty political topic so let’s dig into the economics of the matter because I don’t think MTG has thought this one through. First, I should start by making it clear that MTG’s comments are highly...

 ConclusionWhile a just cause wins its champion wide support, an unjust one condemns its pursuer to be an outcast. The hegemonic, domineering, and bullying practices of using strength to intimidate the weak, taking from others by force and subterfuge, and playing zero-sum games are exerting grave harm. The historical trends of peace, development, cooperation, and mutual benefit are unstoppable. The United States has been overriding truth with its power and trampling justice to serve...

Yanis Varoufakis and Martin Wolf sit down with Intelligence Squared to discuss whether capitalism is still fit for purpose in the face of online markets and big tech. You can watch the full session at https://www.intelligencesquaredplus.com/ ✅ Click on this link to subscribe: https://www.youtube.com/user/iqsquared?sub_confirmation=1 Intelligence Squared has established itself as the leading forum for live, agenda-setting debates, talks and discussions around the world. Our aim is to...

It is likely that I will be participating (remotely) in an academic panel about Modern Monetary Theory (MMT), with a “pro” and “con” side at a Canadian academic conference. This article is my initial thinking, and is a way of soliciting feedback. The “story” behind the panel is whether we learned anything from the pandemic shock....Bond EconomicsMMT After The Pandemic ShockBrian Romanchuk