The truth sometimes is uncomfortable. 

from Steven Klees I am quite sure that this year’s three Nobel Laureates in economics — Daron Acemoglu, Simon Johnson and James Robinson – are very competent new institutionalist economists.  Lars Syll offers a thoughtful critique of their substantive arguments, but he misses the main point for me.  New institutional economics, by and large, is nonsense.  We used to have many sensible institutional economists who offered a qualitative, sociological-type analysis of the role of economic...

[unable to retrieve full-text content]The issue here? A Woman’s right to decide for herself what care she needs without threats of legal action or hindrance to healthcare. As can be seen in the first map, Illinois is centrally located amongst many states which ban or time-limit getting an abortion. Hence many patients go to Illinois as it is closer […] The post A Woman’s Right to Decide . . . appeared first on Angry Bear.

[unable to retrieve full-text content]by Bill McBride Calculated Risk News Letter Economist Adam Ozimek and John Lettieri (CEO, Economic Innovation Group) have a new proposal to address the housing crisis in the United States:  How the next president can solve America’s housing crisis U.S. housing costs are out of control. The median home for sale was rarely more than four times […] The post A Proposal to Address the Housing Crisis appeared first on Angry Bear.

[unable to retrieve full-text content]Here at Angry Bear, we’re all about intelligent discourse and diverse viewpoints, as long as the posts are honest and backed by facts and evidence. We will delete comments that support a flat earth, a geocentric solar system or creationism, as well as their political equivalents. We don’t feed trolls here at AB, regardless of […] The post Programming note appeared first on Angry Bear.

Central bank independence — a convenient illusion Today’s model of delegation has much to recommend it. But it should not be cloaked in euphemism. It is an abrogation of democratic sovereignty for pragmatic reasons, conditioned on the one hand by deeply entrenched and unflattering assumptions about electoral politics and, on the other, on an unquestioning acceptance of the private organization of credit markets and their lack of confidence in democratic...

Samuel Bowles on how "Marx’s representation of the power relationship between capital and labour in the firm is an essential insight" Economics in the Rear-View Mirror on renewal of Paul Sweezy's instructorship. Manoucher Parvin, in 1992, asks, "Is teaching neoclassical economics as the science of economics moral?" Alexander Douglas on micro-founded macro. A review of Fredric Jameson's new book, in Jacobin earlier this month. A review of Fredric Jameson's new book, in the September...

My interview on my new book with Andrew Keen has just been released. Please find it on the link below: https://keenon.substack.com/p/episode-2229-robert-skidelsky-worries Share this:Like Loading...

La blague raciste qui pourrait coûter cher à Trump .[embedded content]

Below is my speech on Ukraine in the House of Lords on the 25th of October. Unfortunately, time constraints forced me to leave out two bits of my argument which I will put in brackets in the text. “My Lords, I am usually put last on the speakers’ list in any debate on this topic, but I treat that as a badge of honour. I welcome the opportunity we have been given to take note. I have been taking note of the Government’s position on Ukraine for over two years now. It is unchanging: the...