Abstract This paper uses word frequency to track the rise and potential peak of capitalist ideology. Using a sample of mainstream economics textbooks as my corpus of capitalist thinking, I isolate the jargon of these books and then track its frequency over time in the Google English corpus. I also measure the popularity of feudal […]
Continue ReadingPower … and the Dialect of Economics
Originally published at Economics from the Top Down Blair Fix A few months ago, I went down a rabbit hole analyzing word frequency in economics textbooks. Henry Leveson-Gower, editor of The Mint Magazine, thought the results were interesting and asked me to write up a short piece. The Mint article is now up, and is […]
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 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 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 ReadingFix, ‘The Rise of Human Capital Theory’
Abstract Today, human capital theory dominates the study of personal income. But this has not always been so. In this essay, I chart the rise of human capital theory, and compare it to the rise (and fall) of eugenics. The comparison, I argue, is an apt one. Eugenics and human capital theory both focus on […]
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