“This will be a national story for about 48 hours. Those folks will swoop in, leave and move on. It’ll be an MSU story, part of our community story, forever. And, for some, a new fear and a loss of peace will be part of it.“ After the 48 hours passes? Similar to the other shooting stories, this story will also be thrown on top of all the other stories of shootings. “Michigan State shooter stole lives and peace of mind,”...

from Lars Syll  In mainstream economics, both logic and mathematics are used extensively. And most mainstream economists sure look upon themselves as “twice blessed.” Is there any scientific ground for that blessedness? None whatsoever! If scientific progress in economics lies in our ability to tell ‘better and better stories’ one would, of course, expect economics journals to be filled with articles supporting the stories with empirical evidence confirming the predictions. However, the...

Here's what you need to know (and tell you friends, colleagues) about money printing and inflation.

Last year, I wrote a couple of posts defending historical presentism, that is, the view that we should examine events and actors in history (at least in modern history) in the light of our current concerns, rather than treating them as exempt from any standards except those that prevailed (in the dominant class) at the time. Those posts referred to controversies within the history profession. Unsurprisingly, given the current state of the US, they have now been embroiled in the...

Another Message Board (a bit late this week) Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. I’ve moved my irregular email news from Mailchimp to Substack. You can read it here. You can also follow me on Mastodon here I’m also trying out Substack as a blogging platform. For the moment, I’ll post both at this blog and on Substack. Share this:Like this:Like Loading......

I have a new paper on how we conceptualize the supply side of the economy, coauthored with Arjun Jayadev. I presented a version of this at the Political Economy research Institute in December 2022. You can watch video of my presentation here — I come on, after some technical difficulties, around 47:00. (The other presentations from the conference are also very worth watching.) The paper will be published in the upcoming issue of the Review of Keynesian Economics. (The linked version is our...

Tell me what you think. Honestly. I want to know.

Blog Upgrading and repurposing private rented homes to create a new generation of social homes offers a clear path out of the housing crisis The UK's lack of social housing has caused a crisis of high rents and evictions. It's time to develop a new generation of social homes. By Alex Diner 14 February 2023...