To see an economy as a system is implicitly to treat it as though it’s a coherent set of parts that are adapted to each other. this implies the system has an internal integrity and purpose and those who interact with the system should help to keep it functioning, to repair it if it is … Continue reading 1922. The problem of seeing the economy as a system.
Just fascinating. By Dotan Lesham: The origins of Neoliberalism from Jesus to Foucault. First Aristotle and Plato discuss the well managed estate, economia, producing a surplus, and what to do with it? Should be for leisure to do politics and philosophy, not spent on stuff. For those who say TINA here is a serious alternative … Continue reading 1909. Book Note: Dotan Lesham, The Origins of Neoliberalism: Modeling the Economy from Jesus to Foucault
Wonderfully detailed history by Germano Maifreda of the moves from the renaissance to Adam Smith. There is lots that happens before the renaissance but this is very helpful and shows much about lost initiatives that may now be relevant. From Oikonomia to Political Economy: Constructing Economic Knowledge from the Renaissance to the Scientific Revolution
Provocation #95. Nudging economics toward real wealth It us getting harder to write on Sunday in a new way something that has not been written about by someone else in the last week. . We have a flood of very good efforts to try to nudge economics towards dealing with the wealth of society for … Continue reading 1870. Nudging economics toward real wealth
From Wolin, Democracy Incorporated: Managed Democracy and the Specter of Inverted Totalitarianism At the critical moment when a volatile economy and widening classdisparities require a government responsive to popular needs, govern-ment has become increasingly unresponsive; and, conversely, when anaggressive state stands most in need of being restrained, democracyproved an ineffectual check. A public fearful of … Continue reading 1846. Politics and economy.
There is a kind of consensus among the people I read the most that the "elites", the one percent and their professional support system (the universities, the bureaucracies, the professions) are responsible for creating a world that was comfortable for them and disastrous for the others, for community, for security. The depth of inequality (much … Continue reading 1827. Books now about where are we..