The Real World Economics Review has just released Crash: Why It Happened and What to Do About It, an ebook of articles previously published in RWER. The collection endeavors to diagnose the current crisis and prescribe future policies. From editor Edward Fullbrooke’s introduction:
Today in many countries, especially the US and UK, the neoclassical-neoliberal mainstream is [...]
Archive for July 2nd, 2009
When Even Heterodoxy Seems too Mainstream
Posted in Uncategorized, tagged Economic Crisis, financial crisis, Marxian on July 2, 2009 | Leave a Comment »
“Polanyi on the market” and Embeddedness
Posted in Uncategorized, tagged Anthropology, Economic Debates, markets on July 2, 2009 | 1 Comment »
Daniel Little has a post about Karl Polanyi and his view of economic and social behavior. Read the whole thing. In case you won’t, I’ll quote the key points (but not the Polanyi itself, so again, go read it):
Polanyi maintains that the concept of economic rationality is a very specific historical construct that applies chiefly [...]