Deconstructing Econospeak

Originally published at Economics from the Top Down Blair Fix It’s been 20 years, but I still remember the feeling. It was a mix of curiosity and unease. I was curious because I was learning something new. But I was uneasy because something didn’t sit right. The place was Edmonton, Alberta, circa the year 2000. […]

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.ORG has been snatched from the grasp of rapacious private equity billionaires

Originally published at pluralistic.net Cory Doctorow The Internet Society (ISOC) is a nonprofit that is in the enviable position of receiving tens of millions of dollars every year merely for overseeing work that someone else does. ISOC has the contract to operate the Public Interest Registry, which contracts for the maintenance of the .ORG top […]

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Was Argentina Really Better Off Than the United States in 1800?

Originally published at joefrancis.info Joe Francis When a prominent economic historian provides a new estimate of something, it is likely that the estimate will be taken at face value. Other economic historians will cite it, so it becomes reified, until it is treated as fact, even when it is little more than fancy. John Coatsworth’s […]

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The ideology of economics

Originally published at pluralistic.net Cory Doctorow Thomas Piketty’s “Capital in the 21st Century” advanced a simple, data-supported hypothesis: that markets left to their own will cause capital to grow faster than the economy as a whole, so over time, the rich always get richer. https://boingboing.net/2014/06/24/thomas-pikettys-capital-in-t.html He’s followed up Capital with the 1000-page “Capital and Ideology” […]

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