Ten Tips For Doing Open Science

Originally published on Economics from the Top Down. Science is the quintessential public good. It’s an iterative process in which new knowledge builds on previous knowledge. For this process to work, science needs to be ‘open’. Both the results and methods of scientific research need to be freely available for all. The open science movement Continue Reading

Productivity Does Not Explain Wages

Originally published on Economics from the Top Down. Does productivity explain income? I asked this question in a previous post. My answer was a bombastic no. In this post, I’ll dig deeper into the reasons that productivity doesn’t explain income. I’ll focus on wages. The evidence Let’s start with the evidence trumpeted as proof that Continue Reading

The Tyranny of Meritocracy

Originally published on Economics from the Top Down. Like many Canadians, I grew up with a faith in meritocracy. Do your best, I believed, and the world would reward you. In school, this idea seemed self-evidently true. I worked hard, and was rewarded with good grades and praise from teachers. And those students who didn’t Continue Reading

2020/03: Bichler and Nitzan, ‘Manuscripts Don’t Burn’

ABSTRACT The French Revolution changed the world. In the new order, the masters no longer need Monsieur Fouche and the thought police. They don’t need guillotines to clip brains and scissors to censor pamphlets. They don’t need strategic-studies institutes to manage oppression and navigate conflict. Instead, they prefer to subsidize ‘cultural pluralism’ and ‘critical studies’, Continue Reading

2020/02: Bichler and Nitzan, ‘The Capital as Power Approach. An Invited-then-Rejected Interview with Shimshon Bichler and Jonathan Nitzan’

ABSTRACT This interview was commissioned in October 2019 for a special issue on ‘Accumulation and Politics: Approaches and Concepts’ to be published by the Revue de la régulation. We submitted the text in March 2020, only to learn two months later that it won’t be published. The problem, we were informed, wasn’t the content, which Continue Reading

2020/01: Fix, ‘Economic Development and the Death of the Free Market’

ABSTRACT Free markets are, according to neoclassical economic theory, the most efficient way of organizing human activity. The claim is that individuals can benefit society by acting only in their self interest. In contrast, the evolutionary theory of multilevel selection proposes that groups must suppress the self interest of individuals. They often do so, the Continue Reading

Has Wealth Gone Digital?

Originally published on Economics from the Top Down. A revolution is underway around us and it’s called the digital. And it’s changing everything. More than 80% of wealth is now non-material. — Charles Foran in Just don’t say his name: the modern left on Karl Marx’s place in politics (41:30) Has wealth gone digital? Both Continue Reading

An Evolutionary Theory of Resource Distribution (Part 1)

Originally published on Economics from the Top Down. The biologist Theodosius Dobzhansky famously wrote that “nothing in biology makes sense except in the light of evolution”. I propose a corollary in economics: nothing in economics makes sense except in the light of human social evolution. [1] I explore here how the evolution of human sociality Continue Reading