Joan Robinson 4/2021 NYT Z D Carter

see also > The Woman Who Shattered the Myth of the Free Market Joan Robinson upended the misogynistic good-old-boys’ network of economists and devised theories around competition and labor vital to the antitrust debates of today. read at source By Zachary D. Carter Mr. Carter is the author of “The Price of Peace: Money, Democracy, … Continue reading Joan Robinson 4/2021 NYT Z D Carter

VALUE PRICE marginal utility

Prada stores carry a few obscenely expensive items in order to boost sales for everything else (which look like bargains in comparison). People used to download music for free, then Steve Jobs convinced them to pay. How? By charging 99 cents. That price has a hypnotic effect: the profit margin of the 99 Cents Only … Continue reading VALUE PRICE marginal utility

Banking on Values

"A fool is someone who knows the price of everything and the value of nothing". Central banker Mark Carney has diagnosed a crisis in value(s). He doesn't just mean prices being misaligned with values as in frothy asset overvaluations. That's just a symptom of a deeper malaise. The central idea of his book, says the … Continue reading Banking on Values

Post Keynesians

> Money; Finance; Financial History; Clearing Systems; Unit of Account - What We Do -The ultimate purpose of all of the Levy Institute's research and activities is to serve the wider policymaking community in the United States and the rest of the world by enabling scholars and leaders in business, labor, and government to work together … Continue reading Post Keynesians

Individualism bankrupt. Greed dead. Say Collier and Kay.

1999 guide designed to get America's youth interested in investing John Kay's "The Truth about Markets" and "Other Peoples' Money"  I read as entertaining eye openers about real business, finance and government. His realist observations made for a wittily scathing critique of many of the ills now bundled into neoliberalism. Colliers and Kay's bete noir … Continue reading Individualism bankrupt. Greed dead. Say Collier and Kay.

MMT Modern Monetary Theory

MMT portal page - fiscal, macro. monetary - updates below - see also 1/2021 De-facto MMT disequilibrating DSGE ? 9/202o German Economist Seess MMT Across the Sea 9/2019 Apropos of MMT 2/2019 MMT and Millennial Socialism US/UK  Monetary/Fiscal EURO Monetary/Fiscal MMT - updates - 11-2023,pdf - gg/pdf 1-2023 Verglüht der Stern der Modern Monetary … Continue reading MMT Modern Monetary Theory

Toward the Next Paradigm …

This Sunday November 17th 3pm :  GaiaMoney  is hosting a meeting of the "Toward the Next Paradigm..." project group in East Oxford. All welcome. Free drinks and nibbles. Please RSVP There are two topics on the agenda: (1)  Does Paul Krugman's  recently re-publicised   self critique  on globalization miss the point? (2)  How many, if any, theses should launch … Continue reading Toward the Next Paradigm …

Heiner Flassbeck – Gescheiterte Globalisierung – caw 2019

Jenseits der Synthesen des Mainstreams  Anmerkungen zu  Heiner Flassbeck's "Gescheiterte Globalisierung" (Rezensionen hier) One Man Island? Wenn man als einigermassen Angloliterturkundiger Hobby-Oekonom den Flassbeck Buchdeckel liest spürt man einen vorfreudigen Hoffnungsschimmer.  Endlich mal ein deutscher Oekonom der die heutzutage sogar schon von Billionären kritisierte Verteilunsungerechtigkeiten mit  Nicht-Mainstream Beiträgen mischt und dem deutschen Leser nahebringt? Denn bei … Continue reading Heiner Flassbeck – Gescheiterte Globalisierung – caw 2019