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Browsing: Economics

Economist Dennis Snower Says Economics Nears a New Paradigm

Beyond any shadow of a doubt, there is a change in the air, as economics nears its Copernican Moment.

Dennis Snower

Why Behavioral Economics is Itself Biased

We need to stop making glib assumptions about what other people want and how they can best achieve their objectives.

Jason Collins

Why Free Market Ideology is a Double Lie

The free market, it appears, is not about freedom. It’s about power.

Blair Fix

What Do Economists Mean When They Talk About “Capital Accumulation”?

In every other science, this inability to measure the key category of the theory would be devastating. But not in the science of economics.

Shimshon Bichler, Jonathan Nitzan

Philip Kotler: Marketing is the Original Behavioral Economics

Social marketing provides a more holistic approach to influencing behavioral change.

Philip Kotler

Economist’s Open Letter to Economists About Race

The Chief Economist to the AFL-CIO seizes a teachable moment.

William Spriggs

How to Disguise Racism and Oligarchy: Use Economics

James McGill Buchanan is a name you will rarely hear unless you’ve taken several classes in economics.

Lynn Parramore

COVID-19 and the Next Evolution of Economics

Evonomics

Saving Capitalism from Inequality

Robust middle incomes deliver the demand that businesses need to produce.

Robert Manduca

Productivity Does Not Explain Wages

As long as we believe the neoclassical farce, we will know nothing about what causes prices.

Blair Fix

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.

Blair Fix

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.

Blair Fix

The Cost of Climate Change

A Nobel Economist’s Model Dismantled

Steve Keen

Girls Rock Camp for Economists

What Economists can Learn from Girls Rock Camp.

David Orrell

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

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