see also > https://gaiageld.com/2021/02/12/individualism-bankrupt-greed-dead-say-collier-and-kay/ 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
Tag: Joan Robinson
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
Post-Keynesian Economics : An Introduction - Eckhard Hein 2014 read GM pdf here e3me.com 7-2021 Back to our roots: E3ME and Michał Kalecki - Hector Pollitt https://neweconomicthinking.org.uk/ concertedaction.com/ The Case For Concerted Action Post-Keynesian Ideas For A Crisis That Conventional Remedies Cannot Resolve Post - Keynesians Joan RobinsonNicholas KaldorWynne GodleyMarc LavoieFrancis CrippsAnthony ThirlwallJohn McCombieThomas PalleyLouis-Philippe … 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 - 1-2023 mauricehoefgen.substack.com 14-1-2023 Er will die MMT entzaubern, entzaubert aber nur … 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