Review of Mirowskis Never Let a Serious Crisis go to Waste
INTRODUCTION Philip Mirowski, known for his book More heat than light – economics as social physics, physics as nature’s economics in which…
Read MoreINTRODUCTION Philip Mirowski, known for his book More heat than light – economics as social physics, physics as nature’s economics in which…
Read More‘Big Data’ and ‘Data Science’ seems to be the buzzword across industries and is, in many ways, characteristic of both the rapidly evolving present…
Read MoreAccording to popular thinking not every increase in the supply of money will have an effect on economic activity. For instance, if an increase…
Read More“A man who wants to lead the orchestra must turn his back on the crowd.” – Max Lucado. So. Farewell then Jim Slater,…
Read MoreSource: http://www.epictimes.com/richardebeling/2015/11/thanksgiving-celebrating-the-birth-of-american-free-enterprise/ This time of the year, whether in good economic times or bad, is when Americans gather with their families and friends and…
Read MoreSource: http://www.zerohedge.com/news/2015-11-20/what-will-happen-corporate-profits-if-fed-hikes-december Q3 will be the first quarter in which the US officially suffers an earnings recession: two consecutive quarters of declining annual EPS…
Read MoreYour country faces a stagnating economy. Let us assume your Prime Minister (or President if that is who holds the executive power) seeks advice…
Read MoreI have written previously about the interest rate, which is falling under the planning of the Federal Reserve. The flip side of falling interest…
Read MoreIt’s a pity Max Rangeley’s recent interview with Lord Turner couldn’t have run on a little longer. His last question, to my mind, closed…
Read More“Sir, Martin Wolf writes: “It may be hard to avoid crises but it is vital to make them both small and rare.” (“In the…
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