archive

The dictatorship of the market

From Dollars and Sense, a look at thirty-five years of economic indicators. From AEI, Terry Miller discusses the role of Marx's philosophy in our current economic crisis. On Your Marx: The first intellectual consequence of the economic crisis was to undermine neoliberalism — or the belief in the sufficiency of markets to secure human welfare — as the age’s default ideology. City State: A new generation of thoughtful scholars and policy wonks should get into "agglomeration economics", a clunky expression for an increasingly important field. David Warsh on Nouriel Roubini as the economist as journalist. A review of Capitalism at Work by Robert Bradley. The dictatorship of the market: An interview with Colin Leys, author of Market-Driven Politics. The regulation crisis: We spend billions, but attitudes matter more. A review of "A Moral Solution to the Moral Hazard Problem" by Douglas Stevens and Alex Thevaranjan. A review of More Money Than God: Hedge Funds and the Making of the New Elite by Sebastian Mallaby (and more). Why the US and Europe can't cut their way to economic prosperity. The end of capitalism: The financial world and its would-be regulators struggle to understand the flash crash. An excerpt from Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crisis by Anatole Kaletsky. A review of Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It by Richard Wolff. They may have seemed far from the action, but economics academics are very much to blame for the GFC, and for the other economic crises to come. The Econ Gangs of New York: The factions that are shaping the economic dialog these days are becoming every bit as colorful and distinct as the proto-gangs that once ruled New York’s notorious Five Points area.