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Archive for April, 2009
Housekeeping Note re: Comments
Posted in Uncategorized on April 30, 2009 | Leave a Comment »
Guilty Purchases
Posted in Uncategorized, tagged Culture on April 30, 2009 | Leave a Comment »
The rich are thinking twice – and feeling a little guilty – about those luxury purchases: More than half of affluent consumers say they feel “guilty” making luxury purchases in this economy, a survey of the most-moneyed Americans finds. Fewer this year also say they like to be labeled as “wealthy.” [...] Of course, far [...]
Richard Wolff On Obama’s Economic Plan
Posted in Uncategorized, tagged Alternatives, Economic Crisis on April 30, 2009 | Leave a Comment »
Starts at 2:15.
Alternatives to the Firm
Posted in Uncategorized on April 30, 2009 | 1 Comment »
It is easy to critique capitalism. Probably too easy. Offering alternatives can be more difficult, but when they offered, they are immediately dismissed by many. Over the past few days, I have heard many times that the alternatives offered could never work, or they are unsustainable, or they could only work if everyone cared about [...]
Socialocentrism
Posted in Uncategorized on April 30, 2009 | Leave a Comment »
Ok, this was a poor title for a blog post, I admit. The main topic of the professor dinner talk I mention below was “Capitalocentrism,” a term coined by the economic geographer(s) J.K. Gibson-Graham. Capitalocentrism means that we understand everything to be capitalism, even if it’s non-capitalist, and this obviously distorts any attempts at envisioning [...]
The Solution: Empirical Economics?
Posted in Uncategorized, tagged behavioral economics, economics as science, financial crisis, Marxian on April 29, 2009 | 2 Comments »
Everyone seems to be talking about this article by Barry Eichengreen, whose main point (an optimistic one) is that, In contrast, the twenty-first century will be the age of inductive economics, when empiricists hold sway and advice is grounded in concrete observation of markets and their inhabitants. Work in economics, including the abstract model building [...]
Is the Chicago School Dead?
Posted in Uncategorized, tagged Economic Debates, Marxian on April 28, 2009 | 1 Comment »
Andrew Leonard has a post (h/t Mark Thoma) about “the great crash of the ‘Chicago school’ of economics.” His post is motivated by the awarding of the Nobel to Paul Krugman and more recently, the JBC Medal going to Emmanuel Saez. Leonard writes, It’s been a bad year for the University of Chicago Economics Department. [...]
End the University as We Know It
Posted in Uncategorized on April 27, 2009 | 4 Comments »
Mark C. Taylor, the chairman of the religion department at Columbia, offers his ideas to shake up the university system with a little (okay a lot) of pluralism amongst other approaches. The division-of-labor model of separate departments is obsolete and must be replaced with a curriculum structured like a web or complex adaptive network. Responsible [...]
Name That Currency
Posted in Uncategorized on April 27, 2009 | 2 Comments »
Matt posted a couple of weeks ago about the Michiana Community Currency. Well, it’s time to put the name to a vote, and you can put in your two cents (pun intended) here. My personal favorite (because I hate forced acronyms, except QUEST of course)- Michiana Bridges.
Survival Strategies
Posted in Uncategorized, tagged Economic Crisis on April 27, 2009 | 1 Comment »
The NYTimes has a new section where viewers can post recommendations on how to cope with the economic downturn. Here are a few examples: Ditch your cable box and consume your media for free on the Internet over “borrowed” WiFi. Actually wear the clothes you own (OMG). Make a bag lunch and add two pieces [...]
