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Showing posts with label economic power. Show all posts
Showing posts with label economic power. Show all posts
Wednesday, August 2, 2017

Noah Smith — Bust Up America's Monopolies Before They Do More Harm

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Economists have been sounding the alarm about this trend for a while now. John Kwoka, an economist at Northeastern University, has lite...
Monday, July 31, 2017

Chris Dillow — Two posts on power and rent-seeking

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When capital is favored as a factor, asymmetrical power and consequent rent extraction result. The consequence is push back from those th...
Tuesday, April 26, 2016

Dean Baker — The Question Is Not "Free Trade" and Globalization, It Is Free Trade and Globalization Designed to Screw Workers

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Will the media ever stop the ridiculous charade of pretending that the path of globalization that we are on is somehow and natural and that...
12 comments:
Monday, June 15, 2015

Don Quijones — The Men Who Stole The Sun

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Incredible. If there’s one thing we should have learnt from this extended period of post-crisis drudgery, it is that there is no limit t...
Thursday, June 11, 2015

Tony Wikrent — “If You Are Not Building a Nation, Then What the Fuck Are You Doing?”

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May good points but I think that Tony is confused about the role of political and economic geography, geopolitics, and geostrategy. While t...
Thursday, May 28, 2015

Paul Romer — Mathiness and Academic Identity

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Paul Romer clarifies his position on mathiness. I see a marked deterioration in the progress that economics is making as a scientific di...
Saturday, May 16, 2015

John Quiggin — Economics in Two Lessons

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I’ve been promising for a long time to write a new book, framed as a reply to a free-market tract Economics in One Lesson by Henry Hazlitt...
Saturday, May 2, 2015

Branko Milanovic — Bob Solow on rents and decoupling of productivity and wages

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What I find interesting here is a “marriage” between a standard neoclassical view of how income shares of capital and labor are determined ...
Sunday, February 1, 2015

Merijn Knibbe — Socializing losses, privatising gains: bilateral investment treaties

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Milieudefensie published a new report about these treaties. From the report: Even insiders agree that ISDS undermines democratic decision...
Friday, November 21, 2014

Yves Smith — Masaccio: Piketty Shreds Marginal Productivity as Neoclassical Justification for Supersized Pay

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Yves here. One of the main agendas of neoclassical economics is to give Panglossian defenses of the current order a veneer of intellectual ...
Sunday, June 29, 2014

Thomas Frank — Free markets killed capitalism: Ayn Rand, Ronald Reagan, Wal-Mart, Amazon and the 1 percent’s sick triumph over us all

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Barry C. Lynn is a senior fellow at the New America Foundation and the author of two important books, “End of the Line” and ”Cornered,” the...
1 comment:
Friday, June 28, 2013

Philip Pilkington — False Profit: How Paul Krugman’s Comments on Monopoly Distract From the Important Issues

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So, what then is Krugman avoiding by positing what seems to be an emotionally appealing narrative? Simple: class power. Those two words neo...
1 comment:
Sunday, June 9, 2013

digby — A 1 percenter tells the truth about "job creators"

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Nick Hanauer, successful entrepreneur and one percenter, gave testimony on income inequality a few days ago before the U.S. Senate. His tes...
2 comments: