[This is another political-economy posting, but it does not follow the previous postings as a series. After all, this is a blog; just thinking out loud here] This morning I had an epiphany about the changing structure of global production, trade, and prestige-politics in the 21st century. The argument: a shift in governing made intellectual […]
Intellectual Property as key factor in modernity Read More »
In this post I continue to use historical research to challenge present political rhetoric. Matt Groening paints a vivid picture of a businessman from the 1980s in Futurama. It is satirical, but satire is only so funny because of that disturbing ring of truth in the description of homo economicus and his contemptuous disregard for
How did the ‘political’ get removed from political economy? Read More »
This is the second post in a series about political economy. I begin with an intriguing historical observation that pertains to present electoral politics: the guy who convinced Franklin D. Roosevelt to engage in public spending was a wealthy Mormon businessman. His name was Marriner Eccles, and he chaired the Federal Reserve Board from 1934
A little economic history: Adam Smith advocated competitive markets, not “free” markets Read More »
This is the first in a series of postings about political economy. Over the past year I have been teaching about globalization. So I have had to clarify my own understanding of where we got ideas about macroeconomics and the debate between those who want to continue regulating national economies and those who want to
Economic intervention vs. deregulation: empirical comparisons Read More »