I’m sure many of you will have read David Graeber’s recent article in the New York Review of Books, called “Against Economics”. He opens with the statement that “There is a growing feeling, among those who have the responsibility of managing large economies, that the discipline of economics is no longer fit for purpose.”
What’s wrong with our economic system? Professor Frank Stilwell has recently suggested that its limited evolution and inability to connect the science of economics with contemporary issues are two main issues, and pointed to the diminished demand for economics degrees as a symptom of economics’
He ignored the moving way, and kept to the narrow sidewalk – an eccentric thing to do, since he had several miles to travel. But Alvin liked the exercise, for it soothed his mind. Besides, there was so much to see that it seemed a
What’s wrong with economics? Many people seem to be wondering. A subject claimed by its practitioners as the ‘queen of the social sciences’ is widely seen as partly culpable for the contemporary problems of financial crisis, excessive debt, unsustainable growth, ecological stresses and deepening social inequalities. Perhaps the roots of this issue lie in economics education.
*This text is based on a presentation at the First Global Commons Forum, Seoul, Korea, Karl Polanyi Institute Asia, Oct 2, 2019. It was first published on Medium. – Jose Ramos Contents [1] Cosmo-localism as a tech trend [2] The contradictions [3] Pop up political
The financial classes love them, the left wants to ban them — but what exactly is the real story behind share buybacks? Contents [1] Company gains; worker losses [2] In too deep? [3] Elections, legislation and government – no easy solutions [4] A workers’ dividend
How is this New Economy? Economists are beginning to lay out some of the disparate strands of evidence to present a vision of a transformative economy. Jacob Debets writes the first NEJ Book Review on The Economics of Arrival, by renowned new economy writers and
In my previous article I presented a picture of the threefold social organism, focussing on the meaning and creative function of capital. An associative economy, as Rudolf Steiner describes it, can come about when the three spheres – the economic, the cultural-spiritual and the political-legal
There is a reason why we immerse ourselves in nature on holidays; a reason why, as kids, we spent hours at the local creek gawking at the bugs. Nature relaxes and reinvigorates us. It captures our imagination and curiosity. I believe that connection with our