Saving Capitalism from Inequality
Robust middle incomes deliver the demand that businesses need to produce.
Robert Manduca
Browsing: Economics
Productivity Does Not Explain Wages
As long as we believe the neoclassical farce, we will know nothing about what causes prices.
There is No Economics without Politics
Every economic model is built on political assumptions
Anat Admati
Who Cooked Adam Smith’s Dinner?
When the Chicago economists discovered that women exist, they added them to the model as if they were just like him.
Katrine Marçal
Does Economics Ignore Women and Gender?
Out of twenty-nine papers covering women on corporate boards, only one was published in an economics journal.
Renée Adams
New Microeconomics: How Evolution Explains Resource Distribution
The opposite of altruistic relations is not selfish relations. It’s power and submission.
Are Economists Ideologically Biased?
Economists like to think they’re immune from ideological influence. New research shows otherwise.
Mohsen Javdani & Ha-Joon Chang
No, Productivity Does Not Explain Income
Marginal productivity is a thought virus that is sabotaging the scientific study of income.
How a Decade of Crisis Changed Economics
If we want to change the economics profession, we need to start changing the world.
J. W. Mason
Why Wealth Is Determined More by Power Than Productivity
Analyzing power beyond the narrow concept of ‘market power’ is essential.
Laurie Macfarlane
How to Destroy Neoliberalism: Kill ‘Homo Economicus’
Debunking the failed paradigm of traditional economics.
Nick Hanauer
Economic Man vs. Humanity: A Puppet Rap Battle
Challenging outdated economics with rap and puppetry.
Kate Raworth
Four Definitions of Money. All Correct.
Understanding what we mean by the most important word in economics.
Steve Roth
Paul Krugman: Nobel Prize or Academy Award?
When economic theory is a tower of babel.
Nicholas Gruen
How Changing My Economic Model Made Me a Climate Change Optimist
Neo-classical economics doesn’t offer useful insights for disruption.
Anthony Patt
Capital’s Share of Income Is Way Higher than You Think
Almost half of households’ market income is received for just being wealthy: owning stuff.
Steve Roth
The Economics Debate: The Problem isn’t Bad Economics, It’s Bad Science
The argument between orthodox economists and their critics resembles one that occurred in weather forecasting in the mid-nineteenth century.
David Orrell
Why New Economics Needs a New Invisible Hand
The New Invisible Hand suggests the existence of a middle path.
David Sloan Wilson
Basic Math Shows How the Corporate Tax Cut Gives a Quantum Boost to Inequality
Why would the bottom 80% of the U.S. income and wealth distributions put up with this?
Louis Putterman
The Invisible Hook: How Pirate Society Proves Economic Self-Interest Wrong
Pirate bands are radically democratic and egalitarian: Hayek and the evolutionary imperative.
David Sloan Wilson
How Market Competition Really Works
One of the best models of competitive markets in an economy is an evolutionary one.
Cameron K. Murray
If You Look Behind Neoliberal Economists, You’ll Discover the Rich: How Economic Theories Serve Big Business
The road to serfdom – sponsored by big business
Dániel Oláh
Yes, Economics Has a Problem with Women
In the news recently we’ve heard about a study of sexist terms used to refer to women economists. But that’s only the tip of the iceberg.
Julie Nelson
How the Economics Profession Is Coming to Terms with Its Role in the Great Financial Crisis
It’s time for mainstream economists to relax the defenses and open up a little.
David Orrell
How to Use Fiscal and Monetary Policy to Make Us Rich Again
The easiest way to return to Golden Age tranquility and equality is to empower fiscal policy.
Tom Streithorst
Why a Consumption Tax May not Make any Sense at All
The devil’s in the (accounting) details — and the economic effects
Steve Roth
Bribery, Cooperation, and the Evolution of Prosocial Institutions
How the science of cooperation and cultural evolution will give us new tools in combating corruption.
Michael Muthukrishna
How Economics Can Free Itself from Religious Dogmatism
Pure theory made economics more remote from day-to-day reality.
John Rapley
