Originally published at joefrancis.info Joe Francis Unless you are Mexican, it is easy to forget that California was not always in the United States, having been a part of Mexico until the Mexican-American War of 1846-48, after which it was annexed. Slavery had much to do with the origins of that war, since white settlers […]
Continue ReadingQuantifying the meritocratic delusion
Originally published at pluralistic.net Cory Doctorow Our societal narratives are invisible by dint of their ubiquity, but they are far more important in stabilizing the status quo that all the cops and jails and domestic surveillance agencies put together. Take inequality: when a few have much, and the many have little, the primary means of […]
Continue ReadingThe Rise of Human Capital Theory
Originally published at Economics from the Top Down Blair Fix If there was an award for the most pernicious scientific idea ever, what theory should get first prize? I would vote for eugenics, a theory that claims we can ‘improve’ humanity through selective breeding. If there was a second prize, I’d give it to human […]
Continue ReadingThe Known Unknowns of Historical GDP Estimates
Originally published at joefrancis.info Joe Francis One of my favourite graphs in recent writing on economic history might seem obscure. Reproduced below, it is found on page 28 of the working paper underlying the latest update of the Maddison Project database of historical GDP estimates. It shows the various estimates of British GDP per capita […]
Continue ReadingWarren Buffet, monopolist
Originally published at pluralistic.net Cory Doctorow Monopolized: Life in the Age of Corporate Power is David Dayen’s new book about the concentration of industry in America and around the world; one interesting implication of monopolies is that they are intensely individual phenomena. https://thenewpress.com/books/monopolized That is, despite being driven by vast social forces, monopolies have monopolists: […]
Continue ReadingLet Our Bodies Flourish: Thoughts on Translation and the Amazing Broken Telephone Kaleidoscope
Originally published at dtcochrane.com DT Cochrane Commissioned and originally published by The Blackwood Art Gallery at the University of Toronto Mississauga. As I write this, disability justice advocates are rallying in opposition to Bill C-7, which will amend sections of the criminal code that pertain to MAiD: medical assistance in dying. In this short reflection, […]
Continue ReadingAs We Exhaust Our Oil, It Will Get Cheaper But Less Affordable
Originally published at Economics from the Top Down Blair Fix It was a bet heard around the world. Okay, that’s an exaggeration. It was a bet heard mostly by academics and sustainability buffs. But still, it was a bet … and it was important. The year was 1980. The players were biologist Paul Ehrlich and […]
Continue ReadingArbitrage and Import Controls in Argentina during the 1950s
Originally published at joefrancis.info Joe Francis Following the Second World War, there was a worldwide dollar shortage due to the United States’ high level of self-sufficiency as an agro-industrial behemoth. Governments therefore imposed quantitative controls on imports, in order to ration the available supply of dollars. A study made in 1955 by John Hopkins, an […]
Continue ReadingOwen Lynch, ‘ Book Review: Capital as Power’
Originally published at ownlynch.org Owen Lynch Part A: Overview 1. A Need for Better Theory If you are a well-educated person in the 21st century, you probably have conflicted views. On the one hand, the grand socialist project has had… problems… over the last century. Serious problems. Problems that kill and hurt people, and are […]
Continue ReadingThe rotten culture of the rich
Originally published at pluralistic.net Cory Doctorow In his 2019 book Dignity, Chris Arnade left his Wall Street job and traveled America, talking to poor, marginalized people, mostly at McDonald’s restaurants. Now, in a new essay for American Compass, Arnade delves into the “rotten culture of the rich.” https://americancompass.org/what-about-the-rotten-culture-of-the-rich/ Arnade starts with observations about how rich […]
Continue ReadingMaking culture rational … with power
Originally published at notes on cinema James McMahon A survey of academic writing on the business of culture will show that authors seldomly restrain themselves from making predictions or giving recommendations to the hypothetical economic actor. This offering of future-oriented arguments to an audience should not be surprising. The disciplines of economics, business, management studies […]
Continue ReadingPeak Oil Never Went Away
Originally published at Economics from the Top Down Blair Fix Do you remember peak oil? It was all the rage a decade ago. Now, almost no one is talking about it. The funny thing is, the problem never went away. If anything, it’s gotten worse. In this post, I take a deep dive into peak […]
Continue ReadingProblems of the Periphery in Federico and Tena’s World Trade Data
Originally published at joefrancis.info Joe Francis Giovanni Federico and Antonio Tena-Junguito (2016) have produced a data set of world trade that includes exports and imports, in both current and constant prices, going back to the early nineteenth century for over 100 countries. It will give all economic historians a mass of easily available long-term time […]
Continue Reading80% of Britons want happiness, not growth
Originally published at pluralistic.net Cory Doctorow A YouGov poll found 80% of Britons “would prefer the government to prioritise health and wellbeing over economic growth during the crisis, and 6 in 10 would still want the government to pursue health and wellbeing ahead of growth after the pandemic” https://www.theguardian.com/society/2020/may/10/britons-want-quality-of-life-indicators-priority-over-economy-coronavirus GDP is a terrific example of […]
Continue ReadingNew Report – Power Ahead: An Energy System Fit For The Future
Originally published at sbhager.com Sandy Brian Hager In a new briefing with Common Wealth, Miriam Brett, Joseph Baines and I examine ownership and financial data for the “Big Six” UK energy companies: Centrica (British Gas), EDF Energy, E.ON UK, NPower, Scottish Power and SSE. We found that: Privatisation since the late-1980s transferred wealth from the […]
Continue ReadingDeconstructing 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. […]
Continue ReadingArgentina’s Industrial Output, 1876-1913
Originally published at joefrancis.info Joe Francis In a previous post I discussed a working paper in which I criticised Roberto Cortés Conde’s estimates of Argentina’s industrial output from 1875 to 1913. In a new version of that working paper I have taken the plunge by producing my own index for this period. It suggests a […]
Continue Reading.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 […]
Continue ReadingWorking With Google Ngrams: A Data-Wrangling Tale
Originally published on Economics from the Top Down Blair Fix This post begins with a sigh. For the last month, I’ve been working on a project that analyzes word frequency in economics textbooks. I’d hoped to have the final write up done by now. But I don’t … for reasons explained here. I’m calling this […]
Continue ReadingAn evolving filmography about power
Originally published at notes on cinema James McMahon I have been fortunate enough to teach university classes on politics and film. I am certain few students in these classes could guess how stressful it was to assemble a list of films for each semester. The films I showed in class or assigned as homework have […]
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