archive

From political economy to economics

Shannon Gleeson (UC-Santa Cruz): From Rights to Claims: The Role of Civil Society in Making Rights Real for Vulnerable Workers. A review of From Political Economy to Economics: Method, the Social and the Historical in the Evolution of Economic Theory and From Economics Imperialism to Freakonomics: The Shifting Boundaries between Economics and other Social Sciences by Dimitris Milonakis and Ben Fine. Washington's odd jobs attitude: Why high unemployment is terrible for the economy. How liberty helps the poor: Contrary to conventional wisdom, the poor should be the biggest supporters of small government. A review of The Right to Exploit: Parasitism, Scarcity, Basic Income by Gijs van Donselaar. Why do conservatives want to European-ize America? Supposedly, the left is in love with Europe, but have you heard of laissez-faire and the Austrian School? A review of The World of Private Banking. Reinhart and Rogoff's This Time Is Different is a quantitative reconstruction of hundreds of historical episodes in which perfectly smart people made perfectly disastrous decisions. From Cato Journal, a special issue: Are Unions Good for America? Once upon a time, human beings oversaw the trading of stocks; they've been replaced by a complex system of computers that can produce a scary new kind of mechanized panic — an investigation into the crash of May 6. A review of Inherited Wealth by Jens Beckert. Sebastian Mallaby gets the inside story on hedge funds in More Money Than God (and more). Stephen Rose on four reasons why the economy will roar back to life. From The Nation, a forum on Inequality in America. Rich people have solution to economic crisis: Make lazy poor get jobs. James K. Galbraith on the key to financial recovery — restoring the rule of law on Wall Street.