Joe Francis, Author at Capital As Power

Category: Blog/Featured

Profits and Terror in Argentina in the 1970s

Posted On February 21, 2015September 23, 2021 By Joe Francis

Joe Francis New data on the profitability of Argentina’s largest corporations help explain the origins of its last military dictatorship. During Argentina’s military dictatorship of 1976-1983, up to 30,000 people were killed by the armed forces. Figure 1 provides an indication of why. The thick line is a ‘profit margin index’ of the fifty largest […]

Category: Blog/Featured

The Rise and Fall of Debate in Economics

Posted On December 10, 2014September 23, 2021 By Joe Francis

Joe Francis New data illustrate the extent to which economists have stopped discussing each other’s work. Once upon a time, economists regularly used to publicly criticise each other’s work in academic journals. But not any more. In Figure 1 I have illustrated the degree to which economists have stopped debating. The data have been culled […]