archive

How to run the economy

L. Randall Wray (Bard): The Dismal State of Macroeconomics and the Opportunity for a New Beginning. Russell B. Korobkin (UCLA): What Comes after Victory for Behavioral Law and Economics? Geoffrey P. Miller (NYU): Law and Economics Versus Economic Analysis of Law. Alexandra Constantin (AICU) and Iuliana Marina Cindea (Petre Andrei): Entropy in Economics: Epistemological Perspectives. What can the Law of Diminishing Marginal Utility teach us? A review of Toward a Truly Free Market by John Medaille (and more on the uselessness of utility). The first chapter from Peddling Protectionism: Smoot-Hawley and the Great Depression by Douglas A. Irwin (and more). Robert Kuttner reviews The Globalization Paradox: Democracy and the Future of the World Economy by Dani Rodrik and Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System by Barry Eichengreen. Olivier Blanchard on the future of macroeconomic policy: Nine tentative conclusions. Heleen Mees on the false panacea of labor-market flexibility. From the Distributist Review, is a free market a good thing? Thomas Storck investigates. A review of The Economics of Enough: How to Run the Economy as if the Future Matters by Diane Coyle (and more). A review of The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America — And Spawned a Global Crisis by Michael W. Hudson. More on Ha-Joon Chang's 23 Things They Don't Tell You About Capitalism. Timothy A. Canova (Chapman): Black Swans and Black Elephants in Plain Sight: An Empirical Review of Central Bank Independence. The first chapter from Guaranteed to Fail: Fannie Mae, Freddie Mac, and the Debacle of Mortgage Finance by Viral V. Acharya, Matthew Richardson, Stijn Van Nieuwerburgh and Lawrence J. White.