The problem with conventional economics is that it requires that the "settled methodology" define both the questions and how they are answered, insuring that their mathematical models will be tractable. That is inappropriate for complex adaptive systems. All life systems and especially social systems are complex adaptive systems that are appropriately modeled using organic models rather than mechanistic models suitable for the natural sciences.While MMT does not use organic modeling based on...

Back in 1980 yours truly had the pleasure of studying at University of Vienna. When not studying or visiting Berggase 19, I often listened to this on my Sony Walkman: [embedded content]

Weekly Indicators for January 23 – 27 at Seeking Alpha  – by New Deal democrat “Slowly I turn. Step by step . . .” That old Vaudeville bit comes to mind in watching the coincident indicators creep towards a recessionary downturn on a weekly basis. Also, some of the long leading indicators are also creeping in the direction of  no longer being negative. Which is a longer way to say, my Weekly Indicators post is up at Seeking Alpha. As...

Politicians may have headed off their strike, but rail workers haven’t stopped organizing for paid sick leave, safe staffing, and time off. AFL-CIO Transportation Trades Department: “The American people should know that while this round of collective bargaining is over, the underlying issues facing the workforce and rail customers remain,” As take from: “Here’s How Rail Workers Are Fighting On After Biden Blocked a National Strike,” In...

Summary of "Zombie Economics" How Dead Ideas Still Walk Among Us by John Quiggin • Economic theories continue to live as “zombie ideas” even after events refute them. • The 2008 “Global Financial Crisis” exposed the fallacy of five hard-to-kill principles that fueled “market liberalism”: • First, beginning in the 1990s, “the Great Moderation” claimed business cycles had stilled. • Second, the “Efficient...

Dan Sanderson will be hosting this week and were having Tim Garrett as a guest. Tim is a physicist and professor at the University of Utah. Steve Keen is will be be there to provide an economic mindset. The will be discussing the long run relationship between Global Wealth and CO2 emissions

Deja en los comentarios que te pareció esta reseña y que otro título me recomiendan para hacer reseña. ¡Síguenos en Instagram! https://www.instagram.com/labibliotecadealeira/?igshid=9929lflmbwz8 ¡Saludos! Libro: Economía sin corbata Autor: Yanis Varoufakis Contacto: [email protected]

from Lars Syll As a young research stipendiate in the U.S. yours truly had the pleasure and privilege of having Hyman Minsky as a teacher. He was a great inspiration at the time. He still is. The concepts which it is usual to ignore or deemphasize in interpreting Keynes — the cyclical perspective, the relations between investment and finance, and uncertainty, are the keys to an understanding of the full significance of his contribution … The glib assumption made by Professor Hicks in his...

Roger Waters Amused to Death Analogue Productions 33 1/3 RPM