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(the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Europe"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Germany"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Heiner Flassbeck"}],"title":{"type":"text","$t":"Hartz IV and Matching Efficiency – or What is the Purpose of Economics?"},"summary":{"type":"text","$t":"✑ HEINER FLASSBECK` ╱ ± 13 minutes\n\n\n\n\n There is nothing to be gained in the long term from the wage-cutting strategy.\n\n\n\n\n\nHow Germany used “neo-liberal reforms” to beggar its neighbours and continues to push the eurozone over the brink.\n\n\n\n\n\nFrom: Flassbeck Economics, Dec. 13, 2019 ╱ About the author \n\n\nProfessor Dr. Heiner Flassbeck studied economics at the University of Saarland (Saarbrücken)"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/4612823585204428131\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2020\/01\/hartz-iv-and-matching-efficiency-or.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4612823585204428131"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4612823585204428131"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2020\/01\/hartz-iv-and-matching-efficiency-or.html","title":"Hartz IV and Matching Efficiency – or What is the Purpose of Economics?"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-idm04rt9kFU\/XhC0yYWiooI\/AAAAAAAAFh8\/YzOH3u7JYSQORsrPwg94we2TRna2WbOHQCLcBGAsYHQ\/s72-c\/flassbeck.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-6278133474930178153"},"published":{"$t":"2019-11-17T14:14:00.002-08:00"},"updated":{"$t":"2019-11-17T14:22:07.788-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"book review"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nick Johnson"}],"title":{"type":"text","$t":"An Abundance of Wealth and a Scarcity of Capital: Resolving the Paradox"},"summary":{"type":"text","$t":"✑ NICK JOHNSON ` ╱ ± 7 minutes\n\n\n\n\n Such trends will prove unsustainable.\n\n\n\n\n\n\nOne of the major economic phenomena of our time seems to be an enormous accumulation of elite wealth, while output and productivity growth have been mediocre. In his book Capitalism without Capital, Alan Shipman explains why.\n\n\n\n\n\nFrom: The Political Economy of Development, Nov. 12, 2019 ╱ About the author \n\n\nNick "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/6278133474930178153\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/11\/an-abundance-of-wealth-and-scarcity-of.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/6278133474930178153"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/6278133474930178153"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/11\/an-abundance-of-wealth-and-scarcity-of.html","title":"An Abundance of Wealth and a Scarcity of Capital: Resolving the Paradox"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-xw5pDbO5-eQ\/XdHGIlwfREI\/AAAAAAAAFZU\/8RulLs-3VZAsvrKVrrND3UVMGlnOsZ8lwCLcBGAsYHQ\/s72-c\/underconsumption.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-2532876216842539696"},"published":{"$t":"2019-11-10T10:41:00.001-08:00"},"updated":{"$t":"2019-11-10T10:50:26.483-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Blair Fix"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Ideals"}],"title":{"type":"text","$t":"The Tyranny of Meritocracy"},"summary":{"type":"text","$t":"✑ BLAIR FIX` ╱ ± 8 minutes\n\n\n\n\n Think of the skill that is most rewarded in our society. It’s not musical ability. It’s not writing ability.\n\n\n\n\n\nLike many Canadians, I grew up with a faith in meritocracy. It’s by thinking about hierarchy, and its associated concentrations of power, that I’ve realized how tyrannous a meritocracy can be.\n\n\n\n\n\nFrom: Economics From The Top Down, Oct. 30, 2019. ╱ "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/2532876216842539696\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/11\/the-tyranny-of-meritocracy.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2532876216842539696"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2532876216842539696"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/11\/the-tyranny-of-meritocracy.html","title":"The Tyranny of Meritocracy"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-1_m7URhEc6k\/XcgL22iHrPI\/AAAAAAAAFYU\/0GiDemtRjYcsy1UIRCGMxXyobf_qu26NgCLcBGAsYHQ\/s72-c\/14059919244_0f49cf3175_k.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-3899755890842503292"},"published":{"$t":"2019-11-10T10:41:00.000-08:00"},"updated":{"$t":"2019-11-10T10:41:46.831-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Dean Baker"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"United States"}],"title":{"type":"text","$t":"Declining Labor Shares of GDP: Is There Something to Be Explained?"},"summary":{"type":"text","$t":"✑ DEAN BAKER` ╱ ± 3 minutes\n\n\n\n\n There has been virtually no change in the labor share.\n\n\n\n\n\nWages for most workers have badly lagged productivity growth over the last four decades. But the shift from labor to capital has been a relatively small part of the story.\n\n\n\n\n\nFrom: CEPR, Nov 5, 2019. ╱ About the author \n\n\nDean Baker is an economist, co-founder of the Centre for Economic and Policy "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/3899755890842503292\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/11\/declining-labor-shares-of-gdp-is-there.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/3899755890842503292"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/3899755890842503292"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/11\/declining-labor-shares-of-gdp-is-there.html","title":"Declining Labor Shares of GDP: Is There Something to Be Explained?"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-pmWYBKPpoSU\/XchY2f8Ii9I\/AAAAAAAAFYg\/hNqAd_fcUFApzsWV45HPalRybAD9kWopACLcBGAsYHQ\/s72-c\/6023390537_3a8eec6052_o.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-7532994255961157231"},"published":{"$t":"2019-10-07T08:11:00.002-07:00"},"updated":{"$t":"2019-10-08T00:16:32.433-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Big Tech"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Blair Fix"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"}],"title":{"type":"text","$t":"Has Wealth Gone Digital?"},"summary":{"type":"text","$t":"✑ BLAIR FIX` ╱ ± 10 minutes\n\n\n\n\n It’s based on a misunderstanding of the nature of wealth. \n\n\n\n\n\nNo, wealth is not becoming non-material. It's always been non-material. Wealth is all about the power to exclude.\n\n\n\n\n\n\nFrom: Economics From The Top Down, Oct. 1, 2019. ╱ About the author \n\n\nBlair Fix is a political economist interested in energy, inequality, and hierarchy. He blogs on Economics From "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/7532994255961157231\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/10\/has-wealth-gone-digital.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/7532994255961157231"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/7532994255961157231"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/10\/has-wealth-gone-digital.html","title":"Has Wealth Gone Digital?"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-yERcQV_hVYQ\/XZtQ3Ulo3cI\/AAAAAAAAFUQ\/Y09sKd5Yr7oqEZ-tOYFh4Xq9rqMfCTuWACLcBGAsYHQ\/s72-c\/wealthdigital.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-1013788362831934745"},"published":{"$t":"2019-09-15T16:44:00.001-07:00"},"updated":{"$t":"2020-06-23T13:19:20.193-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Branko Milanovic"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Marx"}],"title":{"type":"text","$t":"Production and then distribution, or distribution and production together"},"summary":{"type":"text","$t":"✑ BRANKO MILANOVIC` ╱ ± 5 minutes\n\n\n\n\n The neoclassical idea that production and distribution can be neatly separated.\n\n\n\n\n\nIn neo-classical economics, redistribution is regarded as lying outside of economics, in the political domain. The classical view of economics was rather different. It saw production and distribution as a single process.\n\n\n\n\n\nFrom: Global Inequality, August 30, 2019. ╱ About"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/1013788362831934745\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/09\/production-and-then-distribution-or.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/1013788362831934745"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/1013788362831934745"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/09\/production-and-then-distribution-or.html","title":"Production and then distribution, or distribution and production together"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/--qoK3NSVqiw\/XX9KY1R2_nI\/AAAAAAAAFPs\/F5YJ-dETjEwJmJbYwl2zRUyjPv5E3CQUgCLcBGAsYHQ\/s72-c\/PRODDISTR.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-4405017632541095773"},"published":{"$t":"2019-09-15T16:43:00.002-07:00"},"updated":{"$t":"2019-09-15T16:43:55.870-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Elvire Thouvenot"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Jonathan Nitzan"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Shimshon Bichler"}],"title":{"type":"text","$t":"Can Capitalists Afford Economic Growth? - An Animation"},"summary":{"type":"text","$t":"✑ ELVIRE THOUVENOT, (BASED ON SHIMSHON BICHLER \u0026 JONATHAN NITZAN)` ╱ ± 10 minutes\n\n\n\n\n Capitalists seek not more income per se.\n\n\n\n\n\n\n\n\n\n\n\n\nWhy does economic growth continue to weaken in recent decades? An animation by Elvire Thouvenot provides the answer: capitalists need sluggish growth to increase their power over the working class.\n\n\n\n\n\nFrom: The Bichler \u0026 Nitzan Archives, Sept 15 2019. ╱ "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/4405017632541095773\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/09\/can-capitalists-afford-economic-growth.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4405017632541095773"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4405017632541095773"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/09\/can-capitalists-afford-economic-growth.html","title":"Can Capitalists Afford Economic Growth? - An Animation"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-BWjrlbN8ERQ\/XX63Nt0XT1I\/AAAAAAAAFOU\/8-U2KXOQH7QHtymehnaeFNKiQqqOtRU7ACLcBGAsYHQ\/s72-c\/casp.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-1136971068737809179"},"published":{"$t":"2019-08-15T23:47:00.000-07:00"},"updated":{"$t":"2019-08-15T23:47:05.828-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Keynes"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Prabhat Patnaik"}],"title":{"type":"text","$t":"A False Theory"},"summary":{"type":"text","$t":"✑ PRABHAT PATNAIK` ╱ ± 7 minutes\n\n\n\n\n Why does finance capital advance this argument even after ninety years of its being clearly disproved?\n\n\n\n\n\nThe idea that there's a fixed pool of savings, and government borrowing will “crowd out” private borrowing, has been debunked long ago. It's still being repeated because capitalists fear state intervention.\n\n\n\n\n\nFrom: Newsclick July 26, 2019 ╱ About the"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/1136971068737809179\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/08\/a-false-theory.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/1136971068737809179"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/1136971068737809179"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/08\/a-false-theory.html","title":"A False Theory"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-1ROhDZcC-Rs\/XVHq-aSK1JI\/AAAAAAAAFKs\/12AgRvCMHr4_6Rt7UQF5oUrxtTjOkTnFgCLcBGAs\/s72-c\/1210-1242160343u74V.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-8492246743575822616"},"published":{"$t":"2019-08-12T07:11:00.002-07:00"},"updated":{"$t":"2019-08-13T04:43:51.830-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Yair Kaldor"}],"title":{"type":"text","$t":"Finance, Class, and the Birth of Neoclassical Economics: The Marginalist Revolution Revisited"},"summary":{"type":"text","$t":"✑ YAIR KALDOR` ╱ ± 2 minutes\n\n\n\n\n Economic categories, of course, are not simply theoretical.\n\n\n\n\n\nA sea-change in economic thought in the 1870s, often labeled as “the marginalist revolution”, gave rise to what later became “neoclassical economics”. It has its roots in the rise of finance and the escalating class struggles across Europe.\n\n\n\n\n\nFrom: Economic Sociology and Political Economy, July, "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/8492246743575822616\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/08\/finance-class-and-birth-of-neoclassical.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8492246743575822616"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8492246743575822616"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/08\/finance-class-and-birth-of-neoclassical.html","title":"Finance, Class, and the Birth of Neoclassical Economics: The Marginalist Revolution Revisited"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-L911ds6fLXk\/XVFwAnm5MlI\/AAAAAAAAFKg\/ENtrkmyNjTYp-cwAjXZx3WE184ieSojEwCLcBGAs\/s72-c\/jevonswalrasmenger.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-2488739739908182861"},"published":{"$t":"2019-07-12T23:59:00.000-07:00"},"updated":{"$t":"2019-07-12T23:59:02.598-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Ideals"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Prabhat Patnaik"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Unequal World"}],"title":{"type":"text","$t":"The Debate over Inequality"},"summary":{"type":"text","$t":"✑ PRABHAT PATNAIK` ╱ ± 8 minutes\n\n\n\n\n Wealth taxation is the best form of financing government expenditure.\n\n\n\n\n\nThe best remedy to rising income and wealth inequality? As Polish Marxist economist Michal Kalecki has shown, it's not commodity or income taxation, but wealth taxation.\n\n\n\n\n\nFrom: The People's Democracy July 1, 2019 ╱ About the author \n\n\nPrabhat Patnaik is Professor Emeritus at the "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/2488739739908182861\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/07\/the-debate-over-inequality.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2488739739908182861"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2488739739908182861"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/07\/the-debate-over-inequality.html","title":"The Debate over Inequality"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-REg5XbTu0Gk\/XSIbFHba2nI\/AAAAAAAAFHg\/7Qr5vh3ladIW2ei4D7TYiMn5xFqv6al4wCLcBGAs\/s72-c\/Michal_Kalecki.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-5130418580659173895"},"published":{"$t":"2019-07-07T09:19:00.000-07:00"},"updated":{"$t":"2019-07-07T09:28:04.956-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Chris Dillow"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"}],"title":{"type":"text","$t":"Class And Optimism"},"summary":{"type":"text","$t":"✑ CHRIS DILLOW` ╱ ± 3 minutes\n\n\n\n Posh folk are more optimistic than others.\n\n\n\n\n\nHard times in our formative years make us pessimistic long after those times have passed. Which is where class comes in. Being posh insulates you somewhat from hard times.\n\n\n\n\n\nFrom: Stumbling and Mumbling (Chris Dillow), July 3, 2019. ╱ About the author \n\n\nChris Dillow was born in Leicester in 1963. He went to "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/5130418580659173895\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/07\/class-and-optimism.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/5130418580659173895"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/5130418580659173895"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/07\/class-and-optimism.html","title":"Class And Optimism"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-38-aHFoQNOw\/XSIR-3D8zwI\/AAAAAAAAFHU\/y78htin1mjAD4hU0ktM2PQM_4Hb2_XaZwCLcBGAs\/s72-c\/maggie.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-4009344607595141331"},"published":{"$t":"2019-06-30T05:42:00.000-07:00"},"updated":{"$t":"2020-06-23T13:19:48.940-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Branko Milanovic"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"History"}],"title":{"type":"text","$t":"What’s With Population Density? Economic History Speculations"},"summary":{"type":"text","$t":"✑ BRANKO MILANOVIC` ╱ ± 5 minutes\n\n\n\n\n That Roman highest income point was associated with a low biological standard of living.\n\n\n\n\n\nA brief reflection on the historical relations between population density, income, inequality and mortality.\n\n\n\n\n\nFrom: Global Inequality, June 29, 2019. ╱ About the author(+)\n\n\nBranko Milanović (1953) is a Serbian-American economist specialized in development and "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/4009344607595141331\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/06\/whats-with-population-density-economic.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4009344607595141331"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4009344607595141331"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/06\/whats-with-population-density-economic.html","title":"What’s With Population Density? Economic History Speculations"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-H78I-qWYB00\/XRizUYigZtI\/AAAAAAAAFFQ\/ZaPPjgsynA8mHTf_GDO6gd_o1w5QFy2EgCLcBGAs\/s72-c\/072_ghetto.JPG","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-7118200285868530204"},"published":{"$t":"2019-06-07T03:07:00.005-07:00"},"updated":{"$t":"2019-06-25T04:14:07.195-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"book review"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Ideals"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Keynes"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Michael Roberts"}],"title":{"type":"text","$t":"Keynes Against Capitalism (Review by Michael Roberts)"},"summary":{"type":"text","$t":"✑ MICHAEL ROBERTS` ╱ ± 11 minutes\n\n\n\n\n What Crotty describes as ‘liberal socialism’, is neither liberal nor socialist, but elitist and capitalist.\n\n\n\n\n\nJames Crotty has a new book out, entitled Keynes Against Capitalism: His Economic Case for Social Liberalism, in which he claims that, far from being a conservative Keynes was in fact a socialist, if not a revolutionary one like Marx. Professor "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/7118200285868530204\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/06\/keynes-against-capitalism-review-by_7.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/7118200285868530204"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/7118200285868530204"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/06\/keynes-against-capitalism-review-by_7.html","title":"Keynes Against Capitalism (Review by Michael Roberts)"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-MEv-AfCtFzI\/XPorxD5Ef_I\/AAAAAAAAE-M\/teesMi0u7cAqBpcMITIHmiIxgGvOviUbgCLcBGAs\/s72-c\/keynesanticapitalist2.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-8106918558455616611"},"published":{"$t":"2019-06-07T03:07:00.004-07:00"},"updated":{"$t":"2019-06-25T04:14:23.005-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"book review"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Ideals"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Keynes"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nick Johnson"}],"title":{"type":"text","$t":"Keynes Against Capitalism (Review by Nick Johnson)"},"summary":{"type":"text","$t":"✑ NICK JOHNSON ` ╱ ± 6 minutes\n\n\n\n\n I found myself questioning whether Keynes’ (Crotty’s?) Liberal Socialism, for all its admirable socially transformative aims, would be both feasible and sustainable.\n\n\n\n\n\n\nKeynes did not wish to merely save capitalism ‘from itself’ but to replace it with ‘Liberal Socialism’. That is the controversial claim made in a new book by the distinguished radical "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/8106918558455616611\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/06\/keynes-against-capitalism-review-by.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8106918558455616611"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8106918558455616611"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/06\/keynes-against-capitalism-review-by.html","title":"Keynes Against Capitalism (Review by Nick Johnson)"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-OKUOQSq9Ec8\/XPopdOp-yxI\/AAAAAAAAE-A\/S-Pow1VLO5AGO1ucGYYzsWYkEA4j6d0LwCLcBGAs\/s72-c\/keynesanticapitalist.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-3328431262361152316"},"published":{"$t":"2019-06-01T00:20:00.002-07:00"},"updated":{"$t":"2019-06-01T00:20:46.708-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"IMF"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nick Johnson"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Unequal World"}],"title":{"type":"text","$t":"The Policy That Shall Not Be Named"},"summary":{"type":"text","$t":"✑ NICK JOHNSON ` ╱ ± 9 minutes\n\n\n\n\n It is to be welcomed that the authors acknowledge the influence of more heterodox economists.\n\n\n\n\n\n\nThe IMF, known for enforcing an anti-developmental state neoliberal policy agenda, recently published a refreshing paper.\n\n\n\n\n\nFrom: The Political Economy of Development May 13, 2019 ╱ About the author \n\n\nNick Johnson has an MSc in development economics from SOAS"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/3328431262361152316\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/06\/the-policy-that-shall-not-be-named.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/3328431262361152316"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/3328431262361152316"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/06\/the-policy-that-shall-not-be-named.html","title":"The Policy That Shall Not Be Named"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-cqN2tQKfKQQ\/XPBUdDlY5GI\/AAAAAAAAE9g\/h9rVUiFmOkQciTJC76xND4w58QbFUYuxgCLcBGAs\/s72-c\/4344909546_8a54d40a8a_b.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-8722346899721995989"},"published":{"$t":"2019-05-05T14:30:00.000-07:00"},"updated":{"$t":"2019-05-13T14:52:53.689-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Current Affairs"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nick Johnson"}],"title":{"type":"text","$t":"Modern Monetary Theory and Disguised Unemployment"},"summary":{"type":"text","$t":"✑ NICK JOHNSON ` ╱ ± 6 minutes\n\n\n\n\n Macro and micro should be analysed together.\n\n\n\n\n\n\nEmploying some ideas from Modern Monetary Theory, US Democratic politicians want to fund programmes such as universal healthcare and a ‘Green New Deal’ by increased government borrowing. Their hearts are in the right place but, as others have shown, they should not be free of critique.\n\n\n\n\n\nFrom: The Political "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/8722346899721995989\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/05\/modern-monetary-theory-and-disguised.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8722346899721995989"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8722346899721995989"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/05\/modern-monetary-theory-and-disguised.html","title":"Modern Monetary Theory and Disguised Unemployment"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-a60B-v6wuQQ\/XM9VV8tT1fI\/AAAAAAAAE4c\/idy4FhujM3IZDJJvzSTXe_xqrlbLyHGwgCLcBGAs\/s72-c\/GreenNewDeal_Presser_020719_%252826_of_85%2529_%252846105848855%2529.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-734612885440068426"},"published":{"$t":"2019-04-25T13:59:00.000-07:00"},"updated":{"$t":"2019-09-16T05:51:47.347-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Blair Fix"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Environment"},{"scheme":"http://www.blogger.com/atom/ns#","term":"History"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Jonathan Nitzan"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Shimshon Bichler"}],"title":{"type":"text","$t":"Ecological Limits and Hierarchical Power"},"summary":{"type":"text","$t":"✑ BLAIR FIX, SHIMSHON BICHLER, JONATHAN NITZAN` ╱ ± 5 minutes\n\n\n\n\nThe proportion of energy devoted to sustaining hierarchy tends to increase over time.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe root of our ecological problems lies not in the ‘economy’, but in the hierarchical power structure of capitalism.\n\n\n\n\n\nFrom: The Bichler \u0026 Nitzan Archives, April 5 2019. ╱ About the authors\n\n\nBlair Fix is a political economist "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/734612885440068426\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/04\/ecological-limits-and-hierarchical-power.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/734612885440068426"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/734612885440068426"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/04\/ecological-limits-and-hierarchical-power.html","title":"Ecological Limits and Hierarchical Power"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-1O4OkdW3jIA\/XMATf-9jgiI\/AAAAAAAAE10\/1_-djtEU7Y011p3CeSm-c5UoEegyEbJcQCLcBGAs\/s72-c\/figure_00_front.jpeg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-7854971256728853855"},"published":{"$t":"2019-04-12T03:03:00.000-07:00"},"updated":{"$t":"2019-04-14T06:10:29.675-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Big Banks \u0026 Finance"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Chris Dillow"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"}],"title":{"type":"text","$t":"Why Rent Matters"},"summary":{"type":"text","$t":"✑ CHRIS DILLOW` ╱ ± 4 minutes\n\u003C!-- TOP IMAGE COMES HERE --\u003E\n\n\n\n Economists have wrongly neglected David Ricardo’s theories of rent.\n\n\n\n\n\nDavid Ricardo’s theories of rent apply to landlords and farmers, but also to retailing and housing.\n\n\n\n\n\nFrom: Stumbling and Mumbling (Chris Dillow), April 4, 2019. ╱ About the author \n\n\nChris Dillow was born in Leicester in 1963. He went to Wyggeston Boys "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/7854971256728853855\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/04\/why-rent-matters.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/7854971256728853855"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/7854971256728853855"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/04\/why-rent-matters.html","title":"Why Rent Matters"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-sqHJwSyIMH8\/XK9Ye_Qz1_I\/AAAAAAAAEww\/CTZani8y2EQtO8nVH64EZmgFbh1_itwJgCLcBGAs\/s72-c\/109Ba%25CC%2588uerliche_Abgaben.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-1283171531050501036"},"published":{"$t":"2019-03-22T03:54:00.001-07:00"},"updated":{"$t":"2019-09-29T04:04:25.314-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Apple"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Marx"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Tony Norfield"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Unequal World"}],"title":{"type":"text","$t":"Imperialism, a Marxist Understanding"},"summary":{"type":"text","$t":"✑ TONY NORFIELD` ╱ ± 12 minutes\n\n\n\n\n The worst thing to do if you want to make any money is to produce the goods.\n\n\n\n\n\nImperialism benefits imperialist governments and corporations, but also the mass of the populations in the powerful countries. The marxist perspective explains how.\n\n\n\n\n\nFrom: Economics of Imperialism, July 30 2016. ╱ About the author \n\n\nTony Norfield is an economic commentator "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/1283171531050501036\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/03\/imperialism-marxist-understanding.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/1283171531050501036"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/1283171531050501036"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/03\/imperialism-marxist-understanding.html","title":"Imperialism, a Marxist Understanding"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-Fr5LCpLm3Fo\/XJS-ntXKMPI\/AAAAAAAAEsg\/vdnAjpcRi8UQmHNlCuIpmeXZ2EVe3DmDQCLcBGAs\/s72-c\/Apple_Store_Carrousel_du_Louvre%252C_18_March_2011.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-2976994054975558392"},"published":{"$t":"2019-03-15T06:24:00.002-07:00"},"updated":{"$t":"2019-03-15T06:36:38.237-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Jayati Ghosh"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Unequal World"}],"title":{"type":"text","$t":"A Brave New World, or the Same Old Story with New Characters?"},"summary":{"type":"text","$t":"✑ JAYATI GHOSH` ╱ ± 8 minutes\n\u003C!-- TOP IMAGE COMES HERE --\u003E\n\n\n\n\n This growth should not be exaggerated for most developing regions.\n\n\n\n\n\nHas there been a substantial shift in the balance of economic power between the advanced capitalist economies and the global South, as some argue? No, change has been limited to a small set of economies.\n\n\n\n\n\nFrom: Development and Change, 2019. ╱ About the "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/2976994054975558392\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/03\/a-brave-new-world-or-same-old-story_15.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2976994054975558392"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2976994054975558392"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/03\/a-brave-new-world-or-same-old-story_15.html","title":"A Brave New World, or the Same Old Story with New Characters?"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-mstfvj4Ui9U\/XIr9DKCdttI\/AAAAAAAAEqw\/ED4HyDPXkxYoX3Rorld3qbVhX23KZyKFQCLcBGAs\/s72-c\/4376338175_eec3d02431_b.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-2627198429646347311"},"published":{"$t":"2019-03-08T03:35:00.003-08:00"},"updated":{"$t":"2019-06-30T05:51:23.967-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Andrew J. Kliman"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Cahal Moran"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"History"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Marx"}],"title":{"type":"text","$t":"Top Marx for Pluralism"},"summary":{"type":"text","$t":"✑ CAHAL MORAN` ╱ ± 7 minutes\n\u003C!-- TOP IMAGE COMES HERE --\u003E\n\n\n\n\n One does not have to buy Marx’s politics to admit that the facts are on his side here.\n\n\n\n\n\nAccording to Marxist theory, the Tendency of the Rate of Profit to Fall (TRPF) leads to recurrent crises under capitalism. It's a helpful device for framing the history of modern capitalism, from the profitability crisis of the 1970s to the "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/2627198429646347311\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/03\/top-marx-for-pluralism.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2627198429646347311"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2627198429646347311"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/03\/top-marx-for-pluralism.html","title":"Top Marx for Pluralism"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-X6enx1B4Yhc\/XII-fJopg0I\/AAAAAAAAEo4\/bii8ptCYaOQdn3lFaQ6CU4EtkB5SY2zIgCLcBGAs\/s72-c\/topmarx2.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-419615212531154032"},"published":{"$t":"2019-02-22T04:04:00.003-08:00"},"updated":{"$t":"2019-05-24T01:37:01.055-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Asad Zaman"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Pakistan"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Unequal World"}],"title":{"type":"text","$t":"Perils of Exchange Rate Mis-Alignment"},"summary":{"type":"text","$t":"✑ ASAD ZAMAN` ╱ ± 5 minutes\n\u003C!-- TOP IMAGE COMES HERE --\u003E\n\n\n\n\n When the subsidy is withdrawn, there will be a lot of rich and powerful losers.\n\n\n\n\n\nThe Government of Pakistan subsidizes imports of luxuries for the elites by spending billions in foreign exchange to keep the price of the dollar low, which also harms the domestic economy. On the Dutch Disease in Pakistan.\n\n\n\n\n\nFrom: WEA Pedagogy "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/419615212531154032\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/02\/perils-of-exchange-rate-mis-alignment.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/419615212531154032"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/419615212531154032"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/02\/perils-of-exchange-rate-mis-alignment.html","title":"Perils of Exchange Rate Mis-Alignment"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-zUzkl6HYy94\/XG_lOrZDlyI\/AAAAAAAAEkg\/uxtZrpRDggwF0tchni4KPl9uaiYfHJRtACLcBGAs\/s72-c\/USDPKR%253DX_YahooFinanceChart%2B%25281%2529.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-8994213187722999722"},"published":{"$t":"2019-02-09T03:53:00.000-08:00"},"updated":{"$t":"2019-06-30T05:51:24.167-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Alex Thomas"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"History"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Marx"}],"title":{"type":"text","$t":"Reading Marx’s Wage-Labour and Capital"},"summary":{"type":"text","$t":"✑ ALEX M. THOMAS` ╱ ± 6 minutes\n\n\n\n\n Marx intended his writings to be understood by the workers.\n\n\n\n\n\nMainstream (marginalist) economics is built on a harmonious explanation of income distribution. In contrast, Marx argues that wages and profits are inversely related pointing to the fundamental conflict characterising income distribution in a capitalist society.\n\n\n\n\n\nFrom: Alex Thomas, Sep 15 "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/8994213187722999722\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/02\/reading-marxs-wage-labour-and-capital.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8994213187722999722"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8994213187722999722"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/02\/reading-marxs-wage-labour-and-capital.html","title":"Reading Marx’s Wage-Labour and Capital"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-XmyhtMVnOIE\/XF6-LPSLCEI\/AAAAAAAAEiM\/AyTcIfxDrTQBDskOA0MXzngttgcTMa4MwCLcBGAs\/s72-c\/The_daily_job.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-2856868223885832679"},"published":{"$t":"2019-01-18T04:36:00.000-08:00"},"updated":{"$t":"2019-06-30T05:51:24.033-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"History"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Marx"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Rosa Luxemburg"}],"title":{"type":"text","$t":"A Tasteless Stew"},"summary":{"type":"text","$t":"✑ ROSA LUXEMBURG` ╱ ± 22 minutes\n\n\n\n\n  Made from the leftovers of a hodgepodge of scientific notions.\n\n\n\n\n\nIf it is the task of economics to elucidate the laws regulating the rise of capitalism, then, to be consistent, economics must also discover the laws of the decline of capitalism. Instead, bourgeois professors of economics serve up a tasteless stew ― not intending to explore the real "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/2856868223885832679\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/01\/a-tasteless-stew.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2856868223885832679"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2856868223885832679"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/01\/a-tasteless-stew.html","title":"A Tasteless Stew"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-1IT6cqFRmKs\/XEHH8WnSEgI\/AAAAAAAAEYo\/Ot1HDfpjDpU7h9njQVbFlcR23wZ46ry8QCLcBGAs\/s72-c\/marshall.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-8127437272304953337"},"published":{"$t":"2019-01-03T23:12:00.000-08:00"},"updated":{"$t":"2020-06-23T13:20:43.535-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Branko Milanovic"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Marx"}],"title":{"type":"text","$t":"Marx For Me (And Hopefully For Others Too)"},"summary":{"type":"text","$t":"✑ BRANKO MILANOVIC` ╱ ± 6 minutes\n\n\n\n\n\n\n\n‟Class analysis is absolutely crucial for all students of inequality.\n\n\n\n\n\nOn the inescapable influence of Marx on my work on inequality.\n\n\n\n\n\nFrom: Global Inequality (12\/28\/'18) ╱ About the author(+)\n\n\nBranko Milanović (1953) is a Serbian-American economist specialized in development and global inequality, formerly lead economist at the World Bank and "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/8127437272304953337\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/01\/marx-for-me-and-hopefully-for-others-too.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8127437272304953337"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8127437272304953337"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2019\/01\/marx-for-me-and-hopefully-for-others-too.html","title":"Marx For Me (And Hopefully For Others Too)"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-z5e0Uf5dXuU\/XC5b-Ytz6DI\/AAAAAAAAERI\/sO3KDVJlezwZ99II4VOeHpHvbf5xDoc8ACLcBGAs\/s72-c\/4902456478_590f59c138_o.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-155089202822287719"},"published":{"$t":"2018-12-28T03:22:00.000-08:00"},"updated":{"$t":"2019-06-30T05:52:16.040-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"History"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Ideals"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Michael Roberts"}],"title":{"type":"text","$t":"Keynes: Revolutionary or Reactionary? – Part Two: Internationalist or Nationalist?"},"summary":{"type":"text","$t":"✑ MICHAEL ROBERTS` ╱ ± 14 minutes\n\n\n\n\n\n‟Keynes never criticised the role of the British Empire, on the contrary.\n\n\n\n\n\n\nEconomist Ann Pettifor argues Keynes was a great internationalist, promoting global stability and prosperity. But Keynes aimed to save British capital from foreign competition. And capitalism from socialism.\n\n\n\n\n\nFrom: The Next Recession (10\/17\/'18) ╱ About the author(+)\n\n\n"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/155089202822287719\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/keynes-revolutionary-or-reactionary_28.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/155089202822287719"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/155089202822287719"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/keynes-revolutionary-or-reactionary_28.html","title":"Keynes: Revolutionary or Reactionary? – Part Two: Internationalist or Nationalist?"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-gFRWU3sWPwM\/XCJmCoWAKwI\/AAAAAAAAEJY\/urG2Jmf5xmo0LykFrxb-C1xf8_p0VCmxACLcBGAs\/s72-c\/Russel_Keynes_Strachey_2.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-3965950003284472931"},"published":{"$t":"2018-12-21T05:17:00.001-08:00"},"updated":{"$t":"2019-06-30T05:52:16.138-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"History"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Ideals"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Michael Roberts"}],"title":{"type":"text","$t":"Keynes: Revolutionary or Reactionary? – Part One: The Economics"},"summary":{"type":"text","$t":"✑ MICHAEL ROBERTS` ╱ ± 12 minutes\n\n\n\n\n\n‟It is inflated to suggest that Keynes’ ideas are on a par with those of Darwin.\n\n\n\n\n\n\nEconomist Ann Pettifor argues Keynes had revolutionary answers to avoid crises and manage capitalism. But Keynesian economics was neither revolutionary, nor sustainable.\n\n\n\n\n\nFrom: The Next Recession (10\/14\/'18) ╱ About the author(+)\n\n\nMichael Roberts, a marxian economist "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/3965950003284472931\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/keynes-revolutionary-or-reactionary.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/3965950003284472931"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/3965950003284472931"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/keynes-revolutionary-or-reactionary.html","title":"Keynes: Revolutionary or Reactionary? – Part One: The Economics"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-Qjl8DpcSLpw\/XBwfV1nA0tI\/AAAAAAAAEH0\/aMse7a1L94UumeVyyI1fNIeVrW-mMlvoACLcBGAs\/s72-c\/Keynes_at_Monk%2527s_house.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-8868877138563341827"},"published":{"$t":"2018-12-14T04:21:00.002-08:00"},"updated":{"$t":"2019-04-16T03:03:52.894-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Anwar Shaikh"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nick Johnson"}],"title":{"type":"text","$t":"Anwar Shaikh’s Classical Theory of Wages and Unemployment"},"summary":{"type":"text","$t":"✑ NICK JOHNSON ` ╱ ± 7 minutes\n\n\n\n\n\n\n\n\n\n‟In the classical tradition, the conflict between capital and labour is central to capitalism.\n\n\n\n\n\n\nThe Phillips curve (inflation rises when unemployment shrinks) broke down in the 1970s. There's an alternative: Shaikh’s Classical curve, in which the conflict between capital and labour is central.\n\n\n\n\n\nFrom: The Political Economy of Development (5\/3\/17) ╱ "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/8868877138563341827\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/anwar-shaikhs-classical-theory-of-wages.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8868877138563341827"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8868877138563341827"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/anwar-shaikhs-classical-theory-of-wages.html","title":"Anwar Shaikh’s Classical Theory of Wages and Unemployment"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-uoGhnuPZlGY\/XBMD5P3pfGI\/AAAAAAAAEEk\/GTCPP22jyyYQF9qCzMil2M0f3njKAfW3ACLcBGAs\/s72-c\/shaikhphillips.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-223816600365917525"},"published":{"$t":"2018-12-08T07:39:00.000-08:00"},"updated":{"$t":"2020-06-23T13:21:07.722-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Branko Milanovic"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"}],"title":{"type":"text","$t":"Why Inequality Matters?"},"summary":{"type":"text","$t":"✑ BRANKO MILANOVIC ` ╱ ± 6 minutes\n\n\n\n\n\n\n\n‟The argument that inequality and growth are negatively correlated has gained ground.\n\n\n\n\n\n\nOn the reasons why we should be concerned about high inequality. Economic growth, reasons of fairness, and reasons of politics.\n\n\n\n\n\n\nFrom: Global Inequality (12\/5\/'18) ╱ About the author(+)\n\n\nBranko Milanović (1953) is a Serbian-American economist specialized in "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/223816600365917525\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/why-inequality-matters_8.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/223816600365917525"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/223816600365917525"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/why-inequality-matters_8.html","title":"Why Inequality Matters?"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-Lp1RzMBNJM4\/XvJjMSeE_EI\/AAAAAAAAF8Q\/J1LrOVxovKwUlwAm3WGsGiNqsJOUxuVUwCLcBGAsYHQ\/s72-c\/branko.jpeg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-2376290767808891647"},"published":{"$t":"2018-12-08T07:35:00.001-08:00"},"updated":{"$t":"2019-06-30T05:48:32.786-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"David F. Ruccio"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"History"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Ideals"}],"title":{"type":"text","$t":"Tale of Two Depressions"},"summary":{"type":"text","$t":"✑ DAVID F. RUCCIO ` ╱ ± 5 minutes\n\n\n\n\n‟The balance of power was fundamentally altered as a result of the New Deals.\n\n\n\n\n\n\nMainstream economists choose not to talk about the fundamental differences between the response to the 1929 crash and the most recent crisis of capitalism.\n\n\n\n\n\nFrom: Occasional Links \u0026 Commentary (12\/3\/'18) ╱ About the author(+)\n\n\nDr. David F. Ruccio is a renowned marxian "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/2376290767808891647\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/tale-of-two-depressions.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2376290767808891647"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2376290767808891647"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/tale-of-two-depressions.html","title":"Tale of Two Depressions"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-xdKjKH9tMAc\/XA2J7KOWveI\/AAAAAAAAEDg\/FGacrQ9mXNE3e_lmmTV3y6GXf5xIYHg_gCLcBGAs\/s72-c\/NewDeal.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-7038544375992356862"},"published":{"$t":"2018-12-08T07:35:00.000-08:00"},"updated":{"$t":"2019-04-16T03:01:09.719-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Anwar Shaikh"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nick Johnson"}],"title":{"type":"text","$t":"Modern Monetary Theory and Inflation – Anwar Shaikh’s Critique"},"summary":{"type":"text","$t":"✑ NICK JOHNSON ` ╱ ± 8 minutes\n\n\n\n\n\n‟There are a number of problems with MMT and its associated policies.\n\n\n\n\n\n\nA wise and benevolent state can ‘print’ money to achieve full employment and moderate inflation, MMTers say. Economist Anwar Shaikh shows there are limits to this policy, imposed by the rate of profit.\n\n\n\n\n\nFrom: The Political Economy of Development (8\/7\/17) ╱ About the author(+)\n\n\nNick"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/7038544375992356862\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/modern-monetary-theory-and-inflation.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/7038544375992356862"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/7038544375992356862"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/12\/modern-monetary-theory-and-inflation.html","title":"Modern Monetary Theory and Inflation – Anwar Shaikh’s Critique"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-D8AG9RG0yCU\/XAvj1m21s0I\/AAAAAAAAEC0\/_oYy7k6jDx80UyJ0-9smmJc2cnmL5xPcQCLcBGAs\/s72-c\/shaikhmmtB2.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-599224650831503016"},"published":{"$t":"2018-11-24T07:50:00.002-08:00"},"updated":{"$t":"2019-04-16T02:57:07.034-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Current Affairs"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Jack Rasmus"}],"title":{"type":"text","$t":"Global Oil Price Deflation 2018 \u0026 Beyond"},"summary":{"type":"text","$t":"\n\n✑ JACK RASMUS | ± 12 minutes\n\n\n\n\n‟Mainstream economists are indoctrinated in the idea that only supply and demand determine prices.\n\nSupply and demand factors explain the recent drop in oil prices, mainstream economists say. They leave out what's at work behind these forces: politics, trade wars, debt burdens and financial speculation.\n\n\n\n\nOriginally published by JackRasmus.com (Nov 18, 2018)."},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/599224650831503016\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/11\/global-oil-price-deflation-2018-beyond.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/599224650831503016"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/599224650831503016"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/11\/global-oil-price-deflation-2018-beyond.html","title":"Global Oil Price Deflation 2018 \u0026 Beyond"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-RUW3iZtGZRw\/W_lyzSjEjDI\/AAAAAAAAD-s\/PDubxkrjX-4q7gTRXgkphG7Nd1U34HIzwCEwYBhgL\/s72-c\/oil%2Bprices.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-5555380641439795622"},"published":{"$t":"2018-11-02T03:20:00.000-07:00"},"updated":{"$t":"2019-04-16T02:53:53.744-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Asad Zaman"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Marx"}],"title":{"type":"text","$t":"Marxism Revisited"},"summary":{"type":"text","$t":"\n\n\n✑ ASAD ZAMAN | ± 5 minutes\n\n\n\n‟A shallow caricature of Marxist economics was presented, only to be ridiculed and dismissed.\n\nCurrent neoclassical economists provide no explanation for the observed boom-bust cycle. Repeated cycles of expansions followed by crises is among the central insights of Marxist economics.\n\n\n\n\nOriginally published by The Express Tribune (Sept. 7, 2015). \n\n\n\n\n\nAbout the "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/5555380641439795622\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/11\/marxism-revisited.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/5555380641439795622"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/5555380641439795622"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/11\/marxism-revisited.html","title":"Marxism Revisited"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-dWWvviYia-o\/W9jeoeJX7KI\/AAAAAAAADyI\/6bQytk8sjbsGtC8yYqhOMqjjZ03xWJDywCPcBGAYYCw\/s72-c\/karl-marx-2026379_1280.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-4487257428297897448"},"published":{"$t":"2018-10-26T07:52:00.001-07:00"},"updated":{"$t":"2019-04-16T02:53:18.957-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"David F. Ruccio"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Marx"}],"title":{"type":"text","$t":"Sciences of Inequality"},"summary":{"type":"text","$t":"\n\n\n✑ DAVID F. RUCCIO | ± 7 minutes\n\n\n\n‟There’s a third possibility; a science that combines markets and power and is focused on the role of class.\n\nNeoclassical theory states that everyone gets what they deserve. Nobel laureate Joseph Stiglitz claims the rich extract rents through market imperfections. Something is missing in all of these theories on economic inequality. An approach that combines"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/4487257428297897448\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/10\/sciences-of-inequality.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4487257428297897448"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4487257428297897448"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/10\/sciences-of-inequality.html","title":"Sciences of Inequality"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-qTVtXRcLUr0\/W9D1ThZDgJI\/AAAAAAAADvI\/ou9M4r3IT8sgPdpxfmikn7bRwwtSKFJjwCEwYBhgL\/s72-c\/OnePercentShareOfIncome_TotalUSdebt.jpg","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-8510457082572580628"},"published":{"$t":"2018-10-19T03:18:00.000-07:00"},"updated":{"$t":"2019-09-29T16:20:39.608-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Aabid Firdausi"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Big Tech"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"}],"title":{"type":"text","$t":"The Fourth Industrial Revolution Won’t Trickle Down, Under Capitalism"},"summary":{"type":"text","$t":"\n\n\n✑ AABID FIRDAUSI | ± 11 minutes\n\n\n\n‟Automation is controlled by the capitalist class and not by consent of the workforce.\n\nMost economists suffer from misplaced optimism about the oncoming Fourth Industrial Revolution. Some reskilling here and there would suffice to spread its benefits to all workers. They ignore how capitalism invents and employs technology for profits, not people.\n\n\n\n\n"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/8510457082572580628\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/10\/the-fourth-industrial-revolution-wont.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8510457082572580628"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/8510457082572580628"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/10\/the-fourth-industrial-revolution-wont.html","title":"The Fourth Industrial Revolution Won’t Trickle Down, Under Capitalism"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-Ug4LQSADWAg\/W8jy056DRxI\/AAAAAAAADq0\/s1BR2CojxuoLFj4irVQCWJIEqXFpUw61ACEwYBhgL\/s72-c\/techtrickledown.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-3910572629733253000"},"published":{"$t":"2018-10-15T04:43:00.001-07:00"},"updated":{"$t":"2019-04-16T02:51:05.567-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Marx"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Nick Johnson"}],"title":{"type":"text","$t":"Marx, Keynes, Hayek and Minsky on Economic Crises: Room for Agreement?"},"summary":{"type":"text","$t":"\n\n\n✑ NICK JOHNSON | ± 12 min\n\n\n\n‟On the theory of why economic crises occur, there is some common ground between them all.\n\n\nOn economic policy, these four influential thinkers part ways. But on the theory of why economic crises occur, there is some common ground between them, in terms of imbalances between production and consumption.\n\n\n\n\n    \n\nOriginally published by The Political Economy of "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/3910572629733253000\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/10\/marx-keynes-hayek-and-minsky-on.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/3910572629733253000"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/3910572629733253000"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/10\/marx-keynes-hayek-and-minsky-on.html","title":"Marx, Keynes, Hayek and Minsky on Economic Crises: Room for Agreement?"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-f0IV3paRrts\/W8RfHVveO2I\/AAAAAAAADpI\/RTkR4OPjx9AHnSAOi1usr-m95CEjlu9yQCEwYBhgL\/s72-c\/marxminskykeyneshayek.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-2360871933916102790"},"published":{"$t":"2018-09-21T07:55:00.000-07:00"},"updated":{"$t":"2019-04-16T02:46:24.108-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Andrew J. Kliman"},{"scheme":"http://www.blogger.com/atom/ns#","term":"David F. Ruccio"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Four Economists Reply"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Ideals"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Johanna Bockman"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Prabhat Patnaik"}],"title":{"type":"text","$t":"What's the use of Economics for the Left? "},"summary":{"type":"text","$t":"\n✑ DAVID F. RUCCIO, JOHANNA BOCKMAN, PRABHAT PATNAIK, ANDREW KLIMAN |\n± 7 minutes\n\n\n\n‟Socialist economists can change the limits of the possible.\n\n\nHow can the Left use economics as a tool in the twenty-first century? Four eminent, leftist economists provided an answer; David Ruccio, Johanna Bockman, Prabhat Patnaik and Andrew Kliman. And we're asking you to join the discussion.\n\n\n\n\nLast week, SE"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/2360871933916102790\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/09\/whats-use-of-economics-for-left.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2360871933916102790"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/2360871933916102790"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/09\/whats-use-of-economics-for-left.html","title":"What's the use of Economics for the Left? "}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-appWPB2LOOA\/W6Twb94SnZI\/AAAAAAAADhA\/rDKhLQYlGxAwVWzdqV-iOjxkXHCf2-q4gCLcBGAs\/s72-c\/economicsastool2.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-7111151050858154526"},"published":{"$t":"2018-07-08T03:32:00.003-07:00"},"updated":{"$t":"2019-04-16T02:42:45.118-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Big Banks \u0026 Finance"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Dante Dallavalle"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Marx"}],"title":{"type":"text","$t":"Lessons About Our Roller-Coaster Stockmarket, from a Highly Unlikely Source"},"summary":{"type":"text","$t":"\n\n\n✑ DANTE DALLAVALLE | 1,219 words\n\n\n\n‟What Minsky lacks in class analysis, Marx and his predecessors more than make up for.\n\n\nTo fully understand financial cycles, look at both Hyman Minsky's analysis of investors' herd-like behavior, but also Karl Marx to understand why investors fear even the most meager increases in wages over the past year.\n\n\n\n\n    \n\nOriginally published by Alternet (Feb. "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/7111151050858154526\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/07\/lessons-about-our-roller-coaster.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/7111151050858154526"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/7111151050858154526"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/07\/lessons-about-our-roller-coaster.html","title":"Lessons About Our Roller-Coaster Stockmarket, from a Highly Unlikely Source"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-Etoif4B6H9Y\/W0HIN7G09QI\/AAAAAAAADaE\/u1Txe5FpnIE3wHmj1pozC3i_S1StZSNNwCLcBGAs\/s72-c\/marxminsky.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-105649369840792317"},"published":{"$t":"2018-06-29T09:32:00.003-07:00"},"updated":{"$t":"2019-04-16T02:42:11.708-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Big Banks \u0026 Finance"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Tony Norfield"}],"title":{"type":"text","$t":"Capitalism, Imperialism, Profit and Finance"},"summary":{"type":"text","$t":"\n\n\n✑ TONY NORFIELD | 1,863 words\n\n\n\n‟Keynesian economic theory is useless for an analysis of the world economy.\n\n\nThe following notes are designed to assist anyone who has tried to analyse developments in global capitalism. On imperialism, nationalism, finance, profits, the 'real economy', economic history and Keynesian and Marxian economic theory.\n\n\n\n\n    \n\nOriginally published by Economics of "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/105649369840792317\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/06\/capitalism-imperialism-profit-and.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/105649369840792317"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/105649369840792317"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/06\/capitalism-imperialism-profit-and.html","title":"Capitalism, Imperialism, Profit and Finance"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-v1rFUqfQLqE\/WzZOAf6NobI\/AAAAAAAADY4\/dOuyLd85S_csWrt-TCSjoajVyP0F03DCwCLcBGAs\/s72-c\/cityslum.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-968371143407592151"},"published":{"$t":"2018-06-29T09:32:00.001-07:00"},"updated":{"$t":"2019-04-16T02:41:11.707-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Asad Zaman"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"}],"title":{"type":"text","$t":"Understanding Macro III: The Rule of Corporations"},"summary":{"type":"text","$t":"\n\n\n✑ ASAD ZAMAN | 1,069 words\n\n\n\n‟The Chicago School went back to pre-Keynesian economics, which strongly favors the 1%.\n\n\nIn previous parts of this article (Understanding Macro I \u0026 Understanding Macro II), we have described how strict financial regulation and Keynesian prescriptions for full employment brought prosperity for the masses, but reduced corporate profits. This last part describes the"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/968371143407592151\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/06\/understanding-macro-iii-rule-of.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/968371143407592151"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/968371143407592151"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/06\/understanding-macro-iii-rule-of.html","title":"Understanding Macro III: The Rule of Corporations"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-aSuT-QaFCkc\/WzZejRZBj9I\/AAAAAAAADZY\/aqiKeY8pPzYiB_lbXQv3q2tTEoYYsio7wCLcBGAs\/s72-c\/macro3.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-4438354578481928372"},"published":{"$t":"2018-06-22T08:47:00.000-07:00"},"updated":{"$t":"2019-04-16T02:40:04.880-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Lucia Huber"}],"title":{"type":"text","$t":"The Hijacking Of Economics"},"summary":{"type":"text","$t":"\n\n\n✑ LUCIA HUBER | 2,364 words\n\n\n\n‟Economic theory is being fed to us in a distorted and deceiving way.\n\n\nJust as religious beliefs sustained the feudal system, it is now an economic theory that sustains the modern capitalist system. We can start giving power back to the people by democratizing knowledge.\n\n\n\n\n    \n\nOriginally published by Democracy At Work (March 8, 2018). \n\n\n\n\n\nAbout the author "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/4438354578481928372\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/06\/the-hijacking-of-economics.html#comment-form","title":"1 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4438354578481928372"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4438354578481928372"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/06\/the-hijacking-of-economics.html","title":"The Hijacking Of Economics"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-M805Rm8pDcI\/Wy2HzcbymNI\/AAAAAAAADYA\/4Zx7leDCraQouKTFcvP5Gz5_uoTHUkn0wCLcBGAs\/s72-c\/bushgreenspanbernanke.png","height":"72","width":"72"},"thr$total":{"$t":"1"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-5547356224039363129"},"published":{"$t":"2018-06-22T08:46:00.004-07:00"},"updated":{"$t":"2019-04-16T02:39:35.027-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Asad Zaman"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"}],"title":{"type":"text","$t":"Understanding Macro II: Post-War Prosperity"},"summary":{"type":"text","$t":"\n\n\n✑ ASAD ZAMAN | 1,133 words\n\n\n\n‟The effectiveness of banking regulations is shown by absence of large scale bank failures for nearly fifty years.\n\n\nIn part 1 of this article we saw that Keynes challenged classical economics on many fronts. Widespread acceptance of Keynesian economics was one of the two major ingredients that led to prosperity in Europe and USA after World War II. We start with "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/5547356224039363129\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/06\/understanding-macro-ii-post-war.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/5547356224039363129"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/5547356224039363129"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/06\/understanding-macro-ii-post-war.html","title":"Understanding Macro II: Post-War Prosperity"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-JmY1YcIPRfI\/Wy0ZfPBjepI\/AAAAAAAADX0\/u1829t3InCoJenU0xkV_DonwStqs4NXigCLcBGAs\/s72-c\/keynes.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-869269977103002035"},"published":{"$t":"2018-06-11T02:31:00.002-07:00"},"updated":{"$t":"2019-06-30T05:53:48.636-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"History"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Rosa Luxemburg"}],"title":{"type":"text","$t":"What Is Economics?"},"summary":{"type":"text","$t":"\n\n✑ ROSA LUXEMBURG | 1,922 words\n\n\n\n\n‟Official scientific defenders of capital's rule attempt to obscure the entire matter.\n\n\n\n\n\n\nImage: Light Chaos by Kevin Dooley (flickr, adapted) + Rosa Luxemburg (Wikimedia Commons)\n\n\n\n\nProfessors of economics reveal their own \"muddleheadedness\" about economics by expressing themselves \"in an obscure and rambling manner\", Luxemburg says. But they also have \"a"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/869269977103002035\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/06\/what-is-economics.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/869269977103002035"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/869269977103002035"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/06\/what-is-economics.html","title":"What Is Economics?"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-K9sW8LJfGas\/WxrqgsiPP6I\/AAAAAAAADUM\/JwQhbcxXBSAQMdqEBF6ZWyrA00C-8mSkgCLcBGAs\/s72-c\/RL.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-3520160535943335085"},"published":{"$t":"2018-05-25T00:31:00.002-07:00"},"updated":{"$t":"2019-04-16T02:31:51.352-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"David F. Ruccio"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Ideals"}],"title":{"type":"text","$t":"Utopia And Markets"},"summary":{"type":"text","$t":"\n\n\n✑ DAVID F. RUCCIO | 1,597 words\n\n\n\n‟Markets have a magical, quasi-mystical status within mainstream economics.\n\n\nMarket fundamentalism represents the utopian horizon of mainstream economics. The critique of market fundamentalism calls into question the very possibility of market exchange. The result is a different utopian horizon.\n\n\n\n\n    \n\nOriginally published by David Ruccio's personal blog "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/3520160535943335085\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/05\/utopia-and-markets.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/3520160535943335085"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/3520160535943335085"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/05\/utopia-and-markets.html","title":"Utopia And Markets"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-8daiNpeHpZI\/Wwe7wUzjbII\/AAAAAAAADOw\/pywdPOI3zSYK7YlhzhdZR_2KZp4pS0fMACLcBGAs\/s72-c\/DR4.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-4565749781097744089"},"published":{"$t":"2018-05-04T01:22:00.000-07:00"},"updated":{"$t":"2019-09-23T00:59:41.731-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Anwar Shaikh"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Brazil"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Ideals"}],"title":{"type":"text","$t":"Keynesian Boosts Have Not Always Worked. The Modern Classical Perspective Explains Why."},"summary":{"type":"text","$t":"\n\n\n✑ ANWAR SHAIKH | 1,753 words\n\n\n\n‟You can’t just adopt a theory for the parts you like.\n\n\nKeynesian policies – providing deficit-financed stimuli to the economy – seemed to work under Hitler in the 1930s and under Roosevelt during World War II. Why did it fail globally during the seventies and, more recently, under Lula in Brazil? Economics professor Anwar Shaikh argues the answer lies not in "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/4565749781097744089\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/05\/keynesian-boosts-have-not-always-worked.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4565749781097744089"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4565749781097744089"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/05\/keynesian-boosts-have-not-always-worked.html","title":"Keynesian Boosts Have Not Always Worked. The Modern Classical Perspective Explains Why."}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-TU9jnCq-Maw\/WucjIJuMedI\/AAAAAAAADE8\/PMQfHvdfSWA_lT0EYY9pp7bCj4ISZMH4gCLcBGAs\/s72-c\/classicalcycle2.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-4458049097999637019"},"published":{"$t":"2018-04-27T10:41:00.001-07:00"},"updated":{"$t":"2019-04-16T02:28:29.864-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Asad Zaman"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"}],"title":{"type":"text","$t":"The Education Of An Economist"},"summary":{"type":"text","$t":"\n✑ ASAD ZAMAN | 711 words\n\n\n‟I came to realise that nearly everything I had been taught in graduate school was wrong.\n\n\nEconomist Asad Zaman reflects on his time studying economics, the so-called Queen of the Social Sciences. \"At no point in our studies were we asked to match what happens in our models with any events in the real world\". Time to create a new economics.\n\n\n\n\n    \n\nOriginally "},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/4458049097999637019\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/04\/the-education-of-economist.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4458049097999637019"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4458049097999637019"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/04\/the-education-of-economist.html","title":"The Education Of An Economist"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-c1rppYFxpxs\/WzY8JuWRlSI\/AAAAAAAADYk\/jzOJDNqpLQw25hXiV0qFyMwFV4f352oUQCPcBGAYYCw\/s72-c\/AZ3.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-4984085805546515394"},"published":{"$t":"2018-03-23T11:49:00.000-07:00"},"updated":{"$t":"2019-04-16T02:24:20.641-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Anwar Shaikh"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"}],"title":{"type":"text","$t":"A Radical New Approach to the Field of Economics"},"summary":{"type":"text","$t":"\n✑ (INTERVIEW WITH) ANWAR SHAIKH | 1,738 words\n\n\n‟Instead of starting with some idealized world, I started with actual observations.\n\n\nAfter 15 years of work economist Anwar Shaikh finished writing Capitalism: Competition, Conflict and Crisis. It provides economics based on \"actual observations\" instead of the \"idealized world\" of mainstream economists. He hopes it will create the \"foundation for"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/4984085805546515394\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/03\/a-radical-new-approach-to-field-of.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4984085805546515394"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4984085805546515394"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/03\/a-radical-new-approach-to-field-of.html","title":"A Radical New Approach to the Field of Economics"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-8ZkRH9SwuQs\/W_nGMCdVozI\/AAAAAAAAD-8\/SgOF22BZlvIeZhcOqX58QkXLPLb5eaRRgCPcBGAYYCw\/s72-c\/ASn.png","height":"72","width":"72"},"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7892386910911927227.post-4787697265830869965"},"published":{"$t":"2018-03-10T04:00:00.001-08:00"},"updated":{"$t":"2019-06-30T05:47:34.609-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Asad Zaman"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Economics (the science)"},{"scheme":"http://www.blogger.com/atom/ns#","term":"History"}],"title":{"type":"text","$t":"Understanding Macroeconomics — The Great Depression"},"summary":{"type":"text","$t":"\n✑ ASAD ZAMAN | 1,072 words\n\n\n\n\n‟Keynesian policies hurt the top 1%.\n\n\nHidden beneath the surface of the mathematical complexities of modern macroeconomics there is an underlying power struggle - the eternal battle between the rich and powerful against the poor masses. Keynesian policies help the bottom 90% and hurt the top 1%.\n\n\n\n\n    \n\nOriginally published by The Express Tribune (Feb. 21, 2018)"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/www.socialisteconomist.com\/feeds\/4787697265830869965\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/03\/understanding-macroeconomics-great.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4787697265830869965"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/7892386910911927227\/posts\/default\/4787697265830869965"},{"rel":"alternate","type":"text/html","href":"http:\/\/www.socialisteconomist.com\/2018\/03\/understanding-macroeconomics-great.html","title":"Understanding Macroeconomics — The Great Depression"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-c1rppYFxpxs\/WzY8JuWRlSI\/AAAAAAAADYk\/jzOJDNqpLQw25hXiV0qFyMwFV4f352oUQCPcBGAYYCw\/s72-c\/AZ3.png","height":"72","width":"72"},"thr$total":{"$t":"0"}}]}});