book review- David Orrell's impressive, intelligent and imaginative bomb of a book is a highly recommended read for all connoisseurs of curiosity and hope and an absolute must-read for would-be economists. - Before you invest years of your time and 1000s of your dollars to practice 101 Mankiw, take time to read this book. Don't pay big bucks before you've read this quantum leap of a mind-bender destroying incumbent thought like there is a tomorrow. It'll reach parts of your quantum brain you could never code into clockwork DSGE. Read this book to reconsider the relevant marginal utilites. Especially if you are a bit of a quant, a bit nerdy or a bit curious.
Tag: David Orrell
Neue Wirtschafts Woche – Heiner Flassbeck’s Schuldenbremse, Ulrike Herrmann zur Ampel, Quantum Ökonomik, Plurale Ökonomik, Gamm’s Geld, QE + Mehr!
Schnittstelle zwischen Wirtschafts- und Naturwissenschaften - Quantum Economics von David Orell - Ulrike Herrmann Ampelkoalition - Geld als Buchfuehrung - Paul Steinhardt zu QE - Einfuehrung zum Thema Geld
Oeconomia oder die ewig wachsende Schuld des Geldes
Genial surft Carmen Losmann die Lernkurve des Geldes Die 2009 Krise machte die Filmemacherin neugierig. Kuriosität im Rücken, macht sie sich auf die Reise. Da war Sie nicht die einzige. Auch ich gehöre zu einer seither massiv gewachsenen Kohorte neuerer Geldforscher. Neuere Geldforschung Losmann's Erkenntnistrip hat allerdings was besonderes. Statt akademische Experten oder Geldreformer zu … Continue reading Oeconomia oder die ewig wachsende Schuld des Geldes
Extra Muros Heteros : Tuure Parkkinen’s Root Bug Macro
"Geolibertarian experimental monetary realist" Tuure Parkkinen's root bug economics represents an audaciously original "PraxisTheorie" of the type only an institutional outsider would dare come up with.
Twilight of the Money Gods – Economics as a Religion and How it all Went Wrong By John Rapley
John Rapley's Twilight of the Money Gods is the story of economics, told not as the science it strove to be, but as the religion it became. "I am an international development practitioner from Bangladesh. Every day I see firsthand how nice elegant economic models, with their neat assumptions, often don’t survive their encounter with reality."
Digitales Zentral Bank Geld : Geld zwischen Schleier und Tabu (3)
TheEconomist zur Dominanz des Kreditgeldes, dessen Missachtung durch die orthodoxe Ökonomie und die Schwierigkeiten einer Wirtschafts-Wissenschaft ohne Mensch und Geld
CBDC Govcoins – Has The Economist unveiled the endogenous engine of capitalism?
Not quite. More like 101=404. Classical effort = Error not found. Missing as ever : The Money. “Economic action cannot, at least in capitalist society, be explained without taking account of money, and practically all economic propositions are relative to the modus operandi of a given monetary system,” Joseph Schumpeter 1939 The Economist special report 2021 The … Continue reading CBDC Govcoins – Has The Economist unveiled the endogenous engine of capitalism?
Sammlung zum Thema Geld(system) – historisch, philosophisch, soziologisch ,oekonomisch + Geldreformer – siehe auch : DZBG – Geld Zwischen Schleier und Tabu DeGrowth auf Deutsch Deutsche Heteros GeldKino “Stupid German Money” this page - top update Autoren Geldforschung A-Z >H Maurice-Höfgen >K Jakob Kapeller >S A Sahr Keystroke-Kapitalismus >T A T Paul Theorie des Geldes Geldreformer A-Z … Continue reading Geldforschung
see GM post > The Unequal Mr Pickety https://www.lemonde.fr/blog/piketty/2020/05/12/the-age-of-green-money/ Egalitarianism’s Latest Foe: a critical review of Thomas Piketty’s Capital in the Twenty-First Century The Piketty phenomenon and the future of inequality Robert Wade download pdf Egalitarianism’s latest foe Yanis Varoufakis download pdfPiketty and the limits of marginal productivity theory Lars Syll … Continue reading Thomas Picketty
De facto MMT disequilibrating DSGE ?
Turns out Peter Bofinger is not the only German economist who can see MMT across the sea. There is at least one other. Maybe more to follow? "Say it quietly, but Germany has learnt the lessons of Keynes," argues Thorvaldur Gylfason. Mind you, he is talking fiscal largesse, not ECB money. In the "we are … Continue reading De facto MMT disequilibrating DSGE ?
Head Scratching Inflation
"Inflation ... has left many observers scratching their heads as to why the current level ... does not match the current state of the real economy ..." said ex ECB board member Sabine Lautenschläger in a recent speech. The Economist discerns "strange new rules", devotes a special report to "The End of Inflation?" and concludes that inflation is … Continue reading Head Scratching Inflation
D Orrell The Money Bomb
David Orrell Quantum Economics (excerpt) - Ch5 The Money Bomb ... Fairy dustAs described theoretically in textbooks such as Mankiw’s , fractional reserve banking apportions most of the job of creating money from the sovereign to the private banking system , but the central bank is still firmly in control . However , Soddy’s warnings … Continue reading D Orrell The Money Bomb
Head scratching inflation
"Inflation ... has left many observers scratching their heads as to why the current level ... does not match the current state of the real economy ..." said ex ECB board member Sabine Lautenschläger in a recent speech. The Economist discerns "strange new rules", devote a special report to "The End of Inflation?" and concludes that inflation is … Continue reading Head scratching inflation
D Orrell Quantum Economics – critical main-streamers
David Orrell Quantum Economics, 2019, p 238 The penny drops While ... many mainstream economists have continued to make excuses for their epic forecasting miss , not all have been so sanguine . George Akerlof and Robert Shiller wrote in their 2015 Phishing for Phools : ‘ It is truly remarkable that so few economists … Continue reading D Orrell Quantum Economics – critical main-streamers
Toward the Next Paradigm in Economics?
"Toward the Next Paradigm in Economics?" was the banner for a local meeting I recently had to talk about two seminal books: Kate Raworth's "Doughnut Economics" and David Orrell's "Quantum Economics". Four people attended. One had turned up because she knows Kate Raworth as a parent. Their children go to the same school ("Only … Continue reading Toward the Next Paradigm in Economics?
The Economsit's Buttonwood mentions David Orrell! Mind you it's in the same disembedded manner in which heteros are occasionally allowed to represent "latest research"!;-D. Not a whisper about Orrell being DSGE-hate-mail attracting author of Economyths...
profstevekeen.substack ProfSteveKeen.com patreon twitter youtube ineteconomics.org Steve Keen calls himself a Post-Keynesian. Not to be confused with new, neo or real Keynesians, Post-Keynesians are probably the largest group of non mainstream economists, not least because they are a very mixed bunch. Keen is famous for being one of those who did see the 2007 crisis … Continue reading Steve Keen