Podcasts about economic journal

Yun's Mandarin - Taiwanese Online Course: https://mailchi.mp/31034d6eda68/2025-vip-1-1-mandarin-taiwanese-courses Thanks to Thomas, 赫克托, and Joe for your support this month. You help keep this Taiwan content running and benefit more learners who seek cultural insights about Taiwan. Transcript for this episode for everyone: https://yunchih.art/54-why-are-there-so-many-temples-in-taiwan-台灣為什麼有那麼多廟？/

Precisamos de 75 mil euros para ser felizes? Neste episódio, Filipa Galrão e Diogo Mendes, professor de Finanças na Universidade de Estocolmo, conversam sobre a forma como nos relacionamos com o dinheiro – da infância à reforma. Um tema que desperta cada vez mais interesse, mas sobre o qual ainda há muitas dúvidas, como revela o 4.º Inquérito à Literacia Financeira da População Portuguesa. Com uma abordagem prática, ficamos a conhecer os três pilares fundamentais de uma vida financeira saudável e esclarecem-se conceitos-chave como o de «juro composto», que Einstein considerava a oitava maravilha do mundo.Além disso, fica claro um contraste: enquanto nos países nórdicos a transparência salarial é norma, em Portugal falar de dinheiro permanece tabu - algo que um novo diploma europeu pode transformar a partir de 2026.Mas e a educação financeira nas escolas? Será uma solução viável? O Diogo apresenta-nos dados surpreendentes de várias geografias. Não só resultados promissores de países que foram pioneiros, mas também casos, como o de Portugal, em que ainda é cedo para avaliar a eficácia de projetos-piloto.No final, há um desafio inesperado que mostra como as nossas decisões financeiras estão cada vez mais automáticas e, ao mesmo tempo, desmaterializadas. Não perca!Referências úteis Conselho da União Europeia. (2024). Transparência salarial: Conselho e Parlamento chegam a acordo provisório para combater a discriminação salarial. Conselho da União Europeia.Friedman, M. (1957). Uma Teoria da Função de Consumo. Revista de Economia Política, 65(6), 446-464.Jennings, J. (2024, 12 de fevereiro). O Dinheiro Compra a Felicidade Afinal. Forbes.OCDE. (2023). Resultados PISA 2022 (Volume IV): O que a Vida Escolar Significa para a Vida dos Estudantes. Publicações OCDE.Plano Nacional de Formação Financeira. (2023). Inquérito à Literacia Financeira da População Portuguesa 2023. Todos Contam.Powdthavee, N., Burkhauser, R. V., & De Neve, J. E. (2023). Rendimentos Elevados e Bem-estar Humano em Todo o Mundo. The Economic Journal, 133(651), 1147-1173.Tversky, A., & Kahneman, D. (1986). Escolha Racional e o Enquadramento das Decisões. The Journal of Business, 59(4), S251-S278. BiosDiogo Mendes Professor de Finanças na Stockholm School of Economics. Doutorou-se em finanças pela Nova School of Business and Economics, tendo passado pela London School of Economics e Imperial College London. Tem investigação nas áreas de literacia financeira, finanças da empresa e economia do desenvolvimento. Faz parte da equipa de coordenação do programa “Finanças para Todos” com o intuito de promover melhores práticas financeiras em Portugal.Filipa Galrão A Filipa vive no campo, mas é à cidade que vai quando precisa de euforia, seja em festivais de música ou no Estádio da Luz. Estudou Comunicação Social e Cultural na Universidade Católica. Em pequena, gravava o diário em K7, em graúda agarrou-se aos microfones da Rádio. Depois da Mega Hits e da Renascença, é agora uma das novas vozes da Rádio Comercial. Já deu à luz 1 livro infantil - Que Estranho!- e 2 filhos.

We talk with Hans-Joachim Voth about the link between financial crisis and Hitler's rise to power. Hans-Joachim Voth (D.Phil, Oxford, 1996), holds the UBS Chair of Macroeconomics and Financial Markets at the Economics Department, Zurich University. He is an economic historian with interests in financial history, long-term persistence and growth, as well as political risk and macroeconomic instability. Hans-Joachim Voth is a Research Fellow in the International Macroeconomics Program at CEPR (London), a member of the Royal Historical Society, a joint Managing Editor of the Economic Journal, an Editor of Explorations in Economic History, and an Associate Editor at the Quarterly Journal of Economics. His research has appeared in the American Economic Review, Quarterly Journal of Economics, Journal of Political Economy, Review of Economic Studies, Review of Economics and Statistics, Economic Journal, Journal of Economic Growth, European Economic Review, Explorations in Economic History, Journal of Economic History, as well as in three academic books (including, in 2014, Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II, Princeton University Press).​ A Correction Podcast Episodes RSS Subscribe to our newsletter todayA note from Lev:I am a high school teacher of history and economics at a public high school in NYC, and began the podcast to help demystify political economy for teachers.  The podcast is now within the top 2% of podcasts worldwide in terms of listeners (per Listen Notes) and individual episodes are frequently listed by The Syllabus (the-syllabus.com) as among the 10 best political economy podcasts of a particular week.  The podcast is reaching thousands of listeners each month.  The podcast seeks to provide a substantive alternative to mainstream economics media; to communicate information and ideas that contribute to equitable and peaceful solutions to political and economic issues; and to improve the teaching of high school and university political economy. Best, Lev

https://youtu.be/XWGl_VvbF5E The leading source of happiness is pleasant social interaction. - Dr. Bryan Caplan, Self-Help Is Like a Vaccine: Essays on Living Better Book discussed: Self-Help Is Like a Vaccine: Essays on Living Better: https://a.co/d/iEhSSMw As a Professor of Economics, Bryan Caplan has published in the American Economic Review, the Economic Journal, the Journal of Law and Economics, Social Science Quarterly, the Journal of Public Economics, the Southern Economic Journal, Public Choice, and numerous other outlets. His book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies (2007), was published by Princeton University Press and named "the best political book this year" by the New York Times. Watch on Odysee Watch on BitChute

/// GUEST /// Self-Help Is Like a Vaccine: Essays on Living Better: https://a.co/d/iEhSSMw As a Professor of Economics, Bryan Caplan has published in the American Economic Review, the Economic Journal, the Journal of Law and Economics, Social Science Quarterly, the Journal of Public Economics, the Southern Economic Journal, Public Choice, and numerous other outlets. His book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies (2007), was published by Princeton University Press and named "the best political book this year" by the New York Times. /// Keith Knight - Don't Tread on Anyone /// Domestic Imperialism: Nine Reasons I Left Progressivism: https://libertarianinstitute.org/books/domestic-imperialism-nine-reasons-i-left-progressivism/ The Voluntaryist Handbook: https://libertarianinstitute.org/books/voluntaryist-handbook/ Support the show, PayPal: KeithKnight590@gmail.com or Venmo: @Keith-Knight-34 Odysee: https://odysee.com/@KeithKnightDontTreadOnAnyone:b BitChute: KeithKnightDontTreadOnAnyone https://www.bitchute.com/channel/keithknightdonttreadonanyone/

The Serbian-American economist Branko Milanovic is one of the world's leading authorities on inequality. In this KEEN ON America conversation, we talked about Milanovic's interpretation of the history of American economic inequality - from slavery to contemporary capitalism. Why has America become so much unequal over the last fifty years, I asked. And today, in what Milanovic sees as a post neo-liberal age, how does he imagine the future of economic inequality?Branko Milanovic obtained his Ph.D. in economics (1987) from the University of Belgrade with a dissertation on income inequality in Yugoslavia. He served as lead economist in the World Bank's Research Department for almost 20 years, leaving to write his book on global income inequality, Worlds Apart (2005). He was a senior associate at the Carnegie Endowment for International Peace in Washington (2003-2005) and has held teaching appointments at the University of Maryland (2007-2013) and at the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University (1997- 2007). He was a visiting scholar at All Souls College in Oxford, and Universidad Carlos III in Madrid (2010-11). Professor Milanovic's main area of work is income inequality, in individual countries and globally, including in preindustrial societies. He has published articles in Economic Journal, Review of Economics and Statistics, Journal of Economic Literature, Journal of Development Economics, and Journal of Political Philosophy, among others. His book The Haves and the Have-nots (2011) was selected by The Globalist as the 2011 Book of the Year. Global Inequality (2016) was awarded the Bruno Kreisky Prize for the best political book of 2016 and the Hans Matthöfer Prize in 2018, and was translated into 16 languages. It addresses economic and political effects of globalization and introduces the concept of successive “Kuznets waves” of inequality. In March 2018, Milanovic was awarded (jointly with Mariana Mazzucato) the 2018 Leontief Prize for Advancing the Frontiers of Economic Knowledge. His most recent books are Capitalism, Alone, published in 2019, and Visions of Inequality, published in 2023..Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

We've done several shows on the housing crisis in America, mostly from a progressive perspective in which the solution to the shortage of homes is presented in terms of government investment. The libertarian economist, Bryan Caplan, however, comes at the problem from a more conservative angle. The co-author of the new graphic novel, BUILD, BABY, BUILD, Caplan argues that the housing industry needs to be radically deregularized. This right-wing libertarian approach to the science and ethics of housing in America certainly makes sense in cities like San Francisco, with its massively inflated real-estate values, absence of affordable new homes, and huge homelessness problem. Bryan Caplan is Professor of Economics at George Mason University and a New York Times Bestselling author. He has written The Myth of the Rational Voter, named "the best political book of the year" by the New York Times, Selfish Reasons to Have More Kids, The Case Against Education, Open Borders (co-authored with SMBC's Zach Weinersmith), Labor Econ Versus the World, How Evil Are Politicians?, Don't Be a Feminist, Voters As Mad Scientists, and You Will Not Stampede Me. His latest book, Build, Baby, Build: The Science and Ethics of Housing, is published by the Cato Institute. He is the editor and chief writer for Bet On It, the blog hosted by the Salem Center for Policy at the University of Texas. He has published in the New York Times, Washington Post, Wall Street Journal, TIME, Newsweek, Atlantic, American Economic Review, Economic Journal, Journal of Law and Economics, and Intelligence, blogged for EconLog from 2005-2022, and appeared on ABC, BBC, Fox News, MSNBC, and C-SPAN. An openly nerdy man who loves role-playing games and graphic novels, Caplan live in Oakton, Virginia, with his wife and four kids.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

Geoffrey West is a physicist, former president and distinguished professor of the Santa Fe Institute. His book, “Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Businesses” (2017), is a masterpiece. In this episode, we talk about the power laws behind living organisms, cities, businesses, and technologies. By the end of this episode, you will know more about the power law behind the heartbeat of all mammals, the number of patents and crime in big cities compared to small cities, innovation, the way technology scales, and more. I hope you enjoy the conversation. Find me on X at @ProfSchrepel. Also, be sure to subscribe to the Scaling Theory podcast; it helps its growth. *** References Geoffrey West, ⁠Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Businesses⁠ (Penguin Books, 2017) George J. Stigler, “The Economies of Scale”, The Journal of Law & Economics 1 (1958): 54–71 Michael HR Stanley, et al. “⁠Scaling Behaviour in the Growth of Companies”, Nature 379.6568 (1996): 804-806.APA W. Brian. Arthur, “⁠Competing Technologies, Increasing Returns, and Lock-In by Historical Events”, The Economic Journal 99.394 (1989): 116-131. Madeleine IG Daepp, et al. “⁠⁠⁠⁠⁠⁠⁠⁠⁠The Mortality of Companies⁠”, Journal of the Royal Society Interface 12.106 (2015): 20150120.APA Jiang Zhang, et al. “⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Scaling Laws and a General Theory for the Growth of Public Companies⁠⁠”, arXiv preprint arXiv:2109.10379 (2021)

GUEST OVERVIEW: David Paton is Professor of Industrial Economics and Associate Dean for Faculty and Resources in the School. He completed his PhD at University College London in 1997 and has published widely in journals such as Economic Journal, Economica, Journal of Health Economics, Public Choice, Social Science & Medicine, Small Business Economics and the Journal of Economic Behaviour and Organisation.

Bryan Caplan is a Professor of Economics at George Mason University and a New York Times Bestselling author. He's the author of 8 books, including The Myth of the Rational Voter, The Case Against Education, and Open Borders: The Science and Ethics of Immigration. His next book, Build, Baby, Build: The Science and Ethics of Housing, will be published by the Cato Institute in 2024. He's the editor and chief writer for Bet On It, the blog hosted by the Salem Center for Policy at the University of Texas. He's published in the New York Times, Washington Post, Wall Street Journal, TIME, Newsweek, Atlantic, American Economic Review, Economic Journal, Journal of Law and Economics, and Intelligence, blogged for EconLog from 2005-2022, and appeared on ABC, BBC, Fox News, MSNBC, and C-SPAN. 0:00 - Intro 2:23 - The Most Irrational Beliefs in Society 3:43 - Why Do People Vote? 5:57 - The Most Net Positive Delusions in Society 7:30 - Bottlenecks in Democracy 9:13 - Idea Traps 13:13 - The Ideological Turing Test 15:16 - Caricatures of Political Parties 17:49 - The Case for Open Borders 21:48 - Tribalism and Social Cohesion 25:33 - Privatization and The Confluence of Cultures 26:56 - What's the Point of Countries? 28:26 - What Values Are (Mostly) Non-negotiable? 30:27 - The Net Present Value of Immigration 33:43 - The Competition of Cultures 38:15 - Is Globalism Inevitable? 39:30 - Resources and Culture 42:49 - How to Fix Immigration 45:07 - The Case Against Education 48:48 - What is a Degree Actually Worth? 52:05 - Why is Bryan a Professor? 53:13 - The Value of Conformity in Society 55:25 - Is Learning How to Learn Real? 57:51 - Is There Value in the Liberal Arts? 29:27 - Bryan's Approach to Learning 1:01:49 - Who Does Education Well? 1:02:49 - The Biggest Problems in Academia 1:05:47 - Should we Abolish Tenure? 1:09:32 - Why Parenting is Overrated 1:11:51 - What Kind of Parenting Has an Effect? 1:14:23 - Positive Effects of Having Kids 1:16:03 - The Science and Ethics of Housing Regulation 1:18:50 - Intangible Costs of Deregulation 1:21:39 - How does Ideology Propagate Itself? 1:24:09 - If Everything's Mimetic are Free Markets Overrated? 1:25:54 - How to Get Ideas Into the Mainstream 1:28:19 - Are Politicians Evil? 1:31:35 - The Future of Labor Markets Under Remote Work 1:34:21 - What Should More People Be Thinking About?

EPISODE 1823: In this KEEN ON show, Andrew talks to Branko Milanovic, author of VISIONS OF INEQUALITY, about how different economists have made sense of economic inequality over the last 250 yearsBRANKO MILANOVIC is a Senior Scholar at the Stone Center on Socio-Economic Inequality at the CUNY Graduate Center and the author of the forthcoming Visions of Inequality: From the French Revolution to the End of the Cold War. Branko's main area of work is income inequality, in individual countries and globally, including in pre-industrial societies. He has published articles in The Economic Journal, Review of Economics and Statistics, Journal of Economic Literature, Economic History Review, and Journal of Political Philosophy, among others. His book, The Haves and the Have-nots (2011) was selected by The Globalist as the 2011 Book of the Year. His book Global Inequality (2016), was awarded the Bruno Kreisky Prize for the best political book of 2016, and Hans Matthöfer Prize in 2018, and was translated into sixteen languages. It addresses economic and political effects of globalization and introduces the concept of successive “Kuznets waves” of inequality. In March 2018, Branko was awarded (jointly with Mariana Mazzucato) the 2018 Leontief Prize for Advancing the Frontiers of Economic Knowledge. His new book Capitalism, Alone was published in September 2019. He has contributed numerous op-eds and essays to Social Europe, VoxEU, The Guardian, Foreign Affairs, Foreign Policy, Vox, The Financial Times, Le Monde, El Pais, La Vanguardia, Le Monde Diplomatique and blogs ProMarket (U of Chicago), Global Policy (Durham University), Brave New Europe (Berlin). His blog posts are regularly translated into Spanish (Letras Libres), German (Makronom), Italian (Fata Turchina) and French (Atlanico).Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.

Alex speaks with Scott Scheall about Carl and Karl Menger and their influence on the history of economics, liberal theory, and - yes - mathematics.    Further Reading: "Karl Menger as Son of Carl Menger" - Scott Scheall & Reinhard Schumacher https://philarchive.org/rec/SCHKMA-4  Econlib Biography of elder Menger: https://www.econlib.org/library/Enc/bios/Menger.html  1871. Principles of Economics. Translated by J. Dingwall and B. F. Hoselitz, with an introduction by Friedrich A. Hayek. New York: New York University Press, 1981.   1892. “On the Origin of Money.” Economic Journal 2 (June): 239–255.   “Mises Introduces the Austrian School,” http://mises.org/daily/3512 from Ludwig von Mises, Memoirs.   Joseph T. Salerno, “Biography of Carl Menger: The Founder of the Austrian School (1840-1921),” http://mises.org/about/3239   Biography of Karl Menger    https://www.hetwebsite.net/het/profiles/kmenger.htm    Including the following Major Works: Dimensiontheorie, 1928 "On Intuitionism", 1930, Blatter der deutschen Pilosophy Kurventheorie, 1932 "The New Logic", 1933, in Krise und Neuaufbau in den Exackten Wissenschaften Moral Wille und Weltgestaltung, 1934. "The Role of Uncertainty in Economics", 1934, ZfN "Remarks on the Law of Diminishing Returns: A study in meta-economics", 1936, ZfN "The Logic of Laws of Return: A study in meta-economics", 1954, in Morgenstern, editor, Economic Activity Analysis. "Austrian Marginalism and Mathematical Economics", 1973, in Hicks and Weber, editors, Carl Menger and the Austrian School of Economics Morality, decision, and social organization : toward a logic of ethics, 1974. Selected Papers in Logic and Foundations, Didactics, Economics, 1979. Reminiscences of the Vienna Circle and the Mathematical Colloquium, 1994.   (ed. L. Golland, B. McGuinness and A. Sklar) [prev] "On the direction of ideas and the principal tendencies of the Vienna Mathematical Colloqium", 1998,  in E. Dierker &  K. Sigismund, editors, Karl Menger Ergebnisse eines Mathematischen Kolloquiums    

We embark on our next multi-part episode with Part 1, covering the background and planning phases of the Spanish Armada of 1588. This episode has everything! Politics! Logistics! Mutiny! Singed beards!... Typhus! Sources:Drelichman, Mauricio and Hans-Joachim Voth. “Lending to the Borrower from Hell: Debt and Default in the Age of Philip II.” The Economic Journal, vol. 121, no. 557, December 2011, pp. 1205 - 1227. Hanson, Neil. The Confident Hope of a Miracle. Knopf, 2003. Howarth, David. The Voyage of the Armada. Penguin, 1982. Jensen, De Lamar. “The Spanish Armada: The Worst-Kept Secret in Europe.” The Sixteenth Century Journal, vo. 19, no. 4, Winter 1988, pp. 621 - 641. Martin, Colin and Geoffrey Parker. The Spanish Armada. Norton, 1988.Parker, Geoffrey. The Army of Flanders and the Spanish Road: 1567- 1659 2nd Edition. Cambridge, 2004. Thomas, Hugh. World Without End: Spain, Philip II, and the First Global Empire. Random House, 2014. Thompson, I. A. A. “The Appointment of The Duke of Medina Sidonia to the Command of the Spanish Armada.” The Historical Journal, vol. 12, no. 2, 1969, pp. 197 - 216. Check out our Patreon here!Support the show

Welcome to Ideas Untrapped. My guest today is Vincent Geloso who is a professor of economics at George Mason University. He studies economic history, political economy, and the measurement of living standards. In today's episode, we discuss the differences between democracies and dictatorships, and their relative performance in socioeconomic development. The allure of authoritarian governance has grown tremendously due to the economic success of countries like China, Korea, and Singapore - which managed to escape crippling national poverty traps. The contestable nature of democracies and the difficulty many democratic countries have to continue on a path of growth seems to many people as evidence that a benevolent dictatorship is what many countries need. Vincent challenges this notion and explains many seemingly high-performing dictatorships are so because their control of state resources allows them direct investments towards singular objectives - (such as winning Olympic medals or reducing infant mortality) but at the same time, come with a flip side of unseen costs due to their lack of rights and economic freedom. He argues that the benefits of dictatorships are not as great as they may seem and that liberal democracies are better able to decentralize decision-making and handle complex multi-variate problems. He concludes that while democracies may not always be successful in achieving certain objectives, the constraints they place on political power and rulers mean that people are better off in terms of economic freedom, rights, and other measures of welfare.TRANSCRIPTTobi;You made the point that dictatorships usually optimise, not your words, but they optimise for univariate factors as opposed to multiple factors, which you get in democracy. So, a dictatorship can be extremely high performing on some metric because they can use the top-down power to allocate resources for that particular goal. Can you shed a bit more light on that? How does that mechanism work in reality?Vincent;Yeah, I think a great image people are used to is the USSR, and they're thinking about two things the USSR did quite well: putting people in space before the United States and winning medals at Olympics. Now, the regime really wanted to do those two things. [That is], win a considerable number of medals in [the] Olympics and win the space race. Both of them were meant to showcase the regime's tremendous ability. It was a propaganda ploy, but since it was a single objective and they had immense means at their disposal, i. e. the means that coercion allows them, they could reach those targets really well. And it's easy to see the Russians putting Sputnik first in space, the Russians putting Laika first in space. We can see them winning medals. It's easy to see. The part that is harder to see, the unseen, is the fact that Russians were not enjoying rapidly rising living standards, they were not enjoying improvements in medical care that was commensurate with their level of income, they were not enjoying high-quality education. You can pile all the unseens of the ability of the USSR as a dictatorship to allocate so much resources to two issues, [which] meant that it came with a flip side, which is that these resources were not available for people to allocate them in ways that they thought was more valuable. So, the virtue of a liberal democracy, unlike a dictatorship, is that a liberal democracy has multiple sets of preferences to deal with. And in a liberal democracy, it's not just the fact that we vote, but also that people have certain rights that are enshrined and which are not the object of political conversation. I cannot seize your property, and it's not okay for people to vote with me to seize your property. And in these societies, the idea is that under a liberal democracy, you are better able to decentralize decision-making, and people can find ways to deal with the multiple trade-offs much better. Whereas a dictatorship can just decide, I care about this. I am king, I am president, I am first secretary of the party, I decide this and we'll do this regardless of how much you value other things that I value less than you do.Tobi;Two things that I want you to shed more light on. Depending on who you talk to or what they are criticizing, people usually selectively pick their dictatorships. If someone is criticizing, say, for example, capitalism, they always point to the Cuban health care system in contrast to the American health care system. How the American system is so terrible, and how capitalism makes everything worse because of the profit motive. And how we can do better by being more like Cuba.  On the other end of that particular spectrum, if you're talking about economic development, critics of democracy like to point to China. China is not a democracy. And look at all the economic growth they've had in the last 40 years, one of the largest reductions in human poverty we've ever seen in history. I mean, from these two examples, what are the shortcomings of these arguments?Vincent; Let's do Cuba first, then we can do China. So, the Cuban example is really good for the case I'm making. Because the case I'm making is essentially that the good comes with the bad and you can't remove them. So, people will generally say with Cuba, “yes, we know they don't have political rights, they don't have economic freedom, but they do have high-quality health care.” And by this they don't mean actually health care, they mean low infant mortality or high life expectancy at birth. My reply is, it's because they don't have all these other rights and all these other options [that] they can have infant mortality that is so low. That's because the regime involves a gigantic amount of resources to the production of healthcare. Cuba spends more than 10% of its GDP on health care. Only countries that are seven or ten times richer than Cuba spend as much as a proportion of GDP on health care. 1% of their population are doctors. In the United States, it is a third of that, 0.3% of the population are doctors. So, it's a gigantic proportion. But then when you scratch a bit behind, doctors are, for example, members of the army. They are part of the military force. The regime employs them as the first line of supervision. So, the doctors are also meant to report back what the population says on the ground. So, they're basically listening posts for the dictatorship. And in the process, yeah, they provide some health care, but they're providing some health care as a byproduct of providing surveillance.The other part is that they're using health care here to promote the regime abroad. And that has one really important effect. One of those is that doctors have targets they must meet, otherwise they're penalized. And when I mean targets, I mean targets for infant mortality. [If] they don't meet those targets, the result is they get punished. And so what do you think doctors do? They will alter their behaviour to avoid punishment. So in some situations, they will reclassify what we call early neonatal death. So, babies who die immediately after exiting the womb to seven days after birth, they will reclassify many of those as late fetal deaths. And late fetal deaths are in-utero deaths or delivery of a dead baby so that the baby exits the womb dead. Now, if a mortality rate starts with early neonatal death [and] not late fetal ones, so if you can reclassify one into the other, you're going to deflate the number total. And the reason why we can detect this is that the sources of both types of mortality are the same,[they] are very similar, so that when you compare them across countries, you generally find the same ratio of one to the other. Generally, it hovers between four to one and six to one. Cuba has a ratio of twelve to 17 to one, which is a clear sign of data manipulation. And it's not because the regime does it out of, like, direct intent. They're not trying to do it directly. It'd be too easy to detect. But by changing people's incentives, doctors' incentives, in that case, that's what they end up with.There are also other things that doctors are allowed to do in Cuba. One of them is that patients do not have the right to refuse treatment. Neither do they have the right to privacy, which means that doctors can use heavy-handed methods to make sure that they meet their targets. So in Cuba, you have stuff like casa de mata nidad, where mothers who have at-risk pregnancies or at-risk behaviour during pregnancy will be forcibly incarcerated during their pregnancy. There are multiple cases of documented, pressured abortions or literally coerced abortions. So not just pressured, but coerced. Like, the level is that the person wants to keep the infant, the doctor forces an abortion to be made. Sometimes, it is made without the mother's knowledge until it is too late to anything being done. So you end up with basically the infant mortality rate, yes, being low, but yes, being low because of data manipulation and changes in behaviour so that the number doesn't mean the same thing as it does in rich countries. And now the part that's really important in all I'm saying is [that] what people call the benefits for Cuba is relatively small. My point is that, yeah, maybe they could be able to do it. But the problem is that the measures that allow this to happen, to have a low infant mortality rate are also the measures that make Cubans immensely poor. The fact that the regime can deploy such force, use doctors in such a way, employ such extreme measures, it's the reason why Cubans also don't have property rights, don't have strong economic freedom, don't have the liberty to trade with others. Which means that on other dimensions, their lives are worse off. That means that, for example, their incomes are lower than they could be. They have higher maternal mortality. So, mothers die to [a] greater proportion in labour than in other countries or post-labour. There are lower rates of access to clean water than in equally poor countries in Latin America. There are lower levels of geographic mobility within the country, there are lower levels of nutrition because, for example, there are still ration services. So that means that, yes, they have certain amount of calories, but they don't have that much diversity in terms of what they're allowed or are able to eat without resorting to the black market. Pile these on. These are all dimensions of life that Cubans get to not enjoy because the regime has so much power to do that one thing relatively well. Let's assume it's relatively well, but the answer is, well, would you want to make that trade-off? And most people would probably, if given the choice, would not make the choice of having this. So, those who are saying, “look at how great it is,” are being fooled by the nature of what dictatorships are. Dictatorships can solve simple problems really well, but complex multivariate problems, they are not able to do it in any meaningful way.The other part that is going to be of also importance is when you look at Cuba, before we move on to China, the other part about Cuba that's worth pointing out is, I was assuming in my previous answer that the regime was actually doing relatively well. Even without considering all the criticism, it still looks like it has a low infant mortality rate. But when you actually look at the history of Cuba, Cuba was exceptional in terms of low infant mortality. Before the Castros took over, Cuba already had a very low level of infant mortality even for a poor country. And so with a friend of mine, a coauthor, Jamie Bologna Pavlik, we used an econometric method to see if Cuba has an infant mortality rate that is as low as it would have been had it not been for the revolution. So, ergo, we're trying to find what is the effect of the revolution on infant mortality and we're trying to use other Latin American countries to predict Cuba's health performance. And what we find is that in the first year of the regime's, infant mortality actually went up, so it increased relative to other Latin American countries, but it gradually reverted back to what would be the long-run trend. So that Cuba is no more exceptional today in terms of infant mortality than it was in 1959. That is actually a very depressing statement because it's saying that the regime wasn't even able to make the country more exceptional. So even if it's able to achieve that mission quite well, it's not clear how well they've done it. At the very least, they haven't made things worse in the very long run, they only made things worse in the short run. So when you're doing, like, kind of, a ledger of goods and bads of the regime, all the bad trade-offs I mentioned: lower incomes, higher mortality rates for mothers and maternity, lower rates of access to clean water, lower rates of access to diverse food sources, lower rates of geographic mobility - pile these on, keep piling them on, that's the cost. What I'm saying is what they call the benefits, they're not even as big as it's disclaimed. The benefits are relatively small.And now with regards to China…Tobi;Yeah.Vincent;The Chinese case is even worse for people because they have a similar story with GDP. So, in China, a regional bureaucrats have to meet certain targets of economic growth. Now, these same bureaucrats are in charge of producing the data that says whether or not there is economic growth. You can see why there is a who guards the guardian's problem here? The person who guards the guardian is apparently one of the guardians. So you could expect some kind of bad behaviour. And there is an economist, Luis Martinez, out of the University of Chicago. What he did is he say, well, we have one measure that we know is a good reflector of economic growth and it is artificial light intensity at night. Largely because the richer a country is, the more light there will be at night time. And so if you have like 1% growth in income, in real numbers, you should have some form of commensurate increase in light intensity during night time. If the two deviates, it's a sign that the GDP numbers are false, that they're misleading. Because if they deviate, the true number, the always true number will be the light intensity at nighttime. So, when Martinez used the nighttime light to compare GDP in Chinese regions overall and the actual GDP, he found that you can cut the growth rate of China by, maybe, two-fifths, so it is 40% slower than it actually is. So, China is not even as impressive as it is. And the thing is now think about the pandemic, think about how extreme the measures that China deployed to restrain this has been, no liberal democracy would have been able to do that, no free society would have tolerated forcibly walling people into their houses. And there are massive downsides to the communist regime in China. Like, yes, the regime is free to do whatever it wants, but it also means that it can put Uyghur Muslims into concentration camps. It also means that it can wall people into their houses when they do not comply with public health order. It also means that people are under the social credit system where they are being largely surveilled on a daily basis. It also means that the government can allocate massive resources to the act of conquering Taiwan or flexing muscles towards Japan. All things that when you think about it, is that really an improvement in welfare? Obviously, you can say that, oh yeah, they're doing X or Y things really well but here are all the bad things that come with this. And those bad things are on net much worse than the good things.Tobi;Now, you keep emphasizing liberal democracy and I want to get at the nuance here because I've seen several results. Either it is from Chile and other countries that say unequivocally that democracies are better for growth than dictatorships, even in the case of Chile, despite all the reforms of Pinochet regime. But what I want to get at is, what exactly about democracies make them better? Because, for example, we can think of Nigeria and Nigeria as a democracy. We've had uninterrupted election cycles for over two decades now, but there's still very weak rule of law. Successive governments still rely on extracting oil rents, basically. And, the degree to which people enjoy rights vary depending on who is in power or their mood on any particular day. And, of course, Nigeria is a democracy. So is it liberal democracy? Is that the key factor?Vincent;So, think about it this way.Tobi;Yeah.Vincent;Think about it this way. Inside the big box of liberal democracy, there is for sure democracy. But the part that makes the box liberal democracy is not only the smaller babushkadal inside that box which is a democracy one, it is the other constraints that we put on the exercise of political power. The true definition of a liberal democracy, at least in my opinion, is that not only are people allowed to vote, but they are restraints on what we can vote on. So, for example, if it's not legitimate for me to steal from you, it is no more legitimate for me to vote with two other people to steal from you. The act of democracy should warrant some acts that are outside the realm of political decision-making. There are also constraints that exist on rulers, so it's not just that there are some rights that are not subject to conversation. There could be also incentives that prevent rulers from abusing the powers they have. That would mean, for example, checks and balances, where there are different chambers that will compete with each other, different regional powers of government that will compete with each other for jurisdiction, and so they will keep each other in balance. It could also be some form of external constraint, because a liberal democracy can also rely on external constraints upon political actors. It could be the fact that people can leave the country, the fact that taxpayers can migrate to another country, puts pressure on politicians to not abuse them. People can move their capital out of the country, [this] creates a pressure on politicians to not try to steal from them, because people will just remove all the productive capital and the ruler will be left with very little to exploit as a result, regardless of whether or not the ruler is elected or not. So the way to think about this is liberal democracy is, you want to have a system where there are rules, incentives, constraints that make it so that we are not betting on a man or a woman, for that matter, being the correct man and woman for the moment. We care about a set of incentives, constraints, and rules that will make sure that even the worst human being possible will feel compelled or compulsed [sic] to do the right thing. So, that's like the old Milton Friedman thing, it's like “I don't want the right man. I want to have a system that makes sure that even the most horrible person on earth is forced to do the right thing.” That's what a liberal democracy is.Now, it is a broad definition that I've provided. It is not narrow in any way. It is not specific, largely because I don't think it can be what works. It's not everywhere the same. The general family to which this belongs is universal. But the way it can work is not the same everywhere. A homogeneous, small, Sweden probably doesn't need as much level of, say, breakdown of provincial versus federal powers. Whereas, from what I understand, Nigeria is a somewhat multinational country, multiethnic country with multiple groups east and west from what I understand the divide is in Nigeria. There, it might be good to have a division inside the country where things that are most homogeneous, you leave to the federal government, to the highest level of power. Then the things that you can delegate to the local level, [it is] better to do it that way. Countries that are incredibly heterogeneous maybe need even more federalism. What is optimal for one place won't work elsewhere. So I couldn't take Belgian institutions and then just dump them in Nigeria. Same as I couldn't just say, well, let's take Swedish institutions and dump them into Canada. But what makes generally Sweden work better in terms of institutions than Nigeria, for example, is the fact that Sweden does fit in that general box of liberal democracy. There are clear constraints, there are restrictions, there are constitutions that are well respected, there's a strong rule of law, and politicians are compelled to not fall prey to their own baser instincts.Tobi;  A couple of months ago, I had Mark Koyama on the show.Vincent; Great guy. He's a colleague of mine.Tobi;Yeah. So, we were talking about state capacity. We're talking about his book with Noel Johnson. So I did bring up your paper on state capacity, [in] which, basically, one description that stuck with me is that you never really find a poor, but highly capable state in history…Vincent;You mean backwards. A rich society with an incapable state?  Tobi; Yes, a rich society with an incapable state. Thanks for that. So, I've been trying to disentangle this state capacity thing, I know Bryan Caplan basically dismissed it as a sleight of hand. Right. So, like, how does it work and how is it a necessary ingredient for economic development, so to speak?Vincent; I am actually quite respectful of the state capacity literature in one way. So let me do like kind of a quick thing. State capacity says that you want the state to be able to do certain missions. Right, so we're not making judgments as to whether the mission is good. State capacity is about the abilities of the state. The reason why that literature has emerged since the 2000… here's a story of economic thought really briefly: in the 1950s, Samuelson and others show, ‘oh, well, there are market failures' and then a few years later there are the public choice rebuttals, where the public choice economists say, ‘well, you're kind of wrong. There are also government failures.' And the state capacity crowd tries to come in between these two and say, ‘yeah, there are market failures and there are government failures. How do we get a state to solve the market failures but not fall into government failures?' Okay, straightforward, good argument. The part that I'm sceptical of is that the argument of the state capacity crowd is that you will have a lot of rich societies that will have strong states, you will have much fewer societies that have strong states but are very poor (the USSR would be a good example of that), [and] you will have a lot of societies that are poor and have weak state. The thing is that they can't seem to explain why it is under their theory that there are no societies that are relatively weak state but rich. Even though in history we do have many examples of these and they collapse all the time.The argument that I make with my colleague, Alexander Salter, is that societies that have weak states will fall prey to predation because their neighbours with stronger state will try to capture their wealth by conquest. If they are conquered, they grow immensely poor, they are made poor. Basically, it's a terrible event for them. Or they resist, and if they resist ably, the result from resistance is that they have to build a strong state themselves to resist predation by other rulers. And so in the argument me and Alex build, it boils down to: the state is not necessary for development, but it is inevitable as an outcome. So, the task of political science, of political economy, is understanding if we are going to be stuck with one of them, how do we make it that we get the least terrible one? If it's not necessary, but it is inevitable, then how do we get to one that will maybe do some benefit, or at least, we can get the best kind possible? Well, that's where the liberal democratic answer gets into. [It] is [that] we need to find sets of constraints, rules, incentives that force the politicians to make it too costly for them to engage in predatory behaviour, in redistributive behaviour, and that they concentrate on what you could call productive behaviour. That would be like solving externalities. Like dealing with pollution or producing public goods stuff that markets have a harder time to produce. Getting into that category is the task of what liberal democracies are trying to do. That is a much harder proposition. Daron Acemoglu in his somewhat awful book, The Narrow Corridor, calls it a narrow corridor. (I don't like that book that much. I think it's a horrible piece of literature. He should have kept it at Why Nations Fail, we had everything we needed with Buchanan, and it was much better in the other version. He was a much worse version of that.) So, Parenthesis over on Daron Acemoglu, but his point is still relatively okay. There is a narrow corridor on which we evolve. That is a very narrow equilibrium that we want to stay on to, to avoid veering either into more territorial forms of government or into different types of authoritarian[ism], in a certain way. So the corridor for a liberal democracy is very, very, very, very narrow.Tobi; I like that description. The state is not necessary but inevitable. Whereas with the traditional state capacity crowd, the state is often assumed and never justified.Vincent;Actually, that's a bit unfair to them. The state capacity crowd, a lot of them are interested in state capacity as a story of the origins of states. That, I think, is a much-valued contribution. However, the issue of whether or not state capacity is linked to growth, I think this is where there's overstretching. My point is “no, there's very little reason to believe that state capacity is related to growth.” State capacity is more the direct or indirect result of growth in the past. So, either you are getting state capacity because you get conquered and you get imposed it by somebody else, or you get state capacity because you want to protect your wealth from other predators.Tobi; For the record, I'm not talking about your colleagues. There's this industrial policy school in development economics who are also big on state capacity, who think the state has to do this heavy lifting. They sort of assume the state and not justify it. But I won't let you go without asking you this final question. You recently published a paper - talking about the work of Thomas Piketty, the French economist - with Phillip Magness, I should say. What is your critique of his work? Because so far as I can tell, yes, I read the op-ed in the Wall Street Journal, [but] everybody else is sort of pretending that a critique of Piketty does not exist. And the political coalition around their research, along with [Emmanuel] Saez and [Gabriel] Zucman is moving rapidly apace, whether it is in taxation or other forms of agenda. So, what is your critique? I know there have been others in the past Matthew Rognlie, I'm not sure how to pronounce his last name.Vincent;Yeah. Our argument is actually very simple. And to be honest, I don't really care about the political conversation where, [for] the political people who are using Piketty's work, I ignore them. There may be a motivation for doing this work because it tells you the importance of his work, but the person I'm trying to talk to is Piketty himself. And the point we make in the paper is that he [not only] massively overestimates inequality in terms of levels, but he also misses times a lot of changes. In the article that me, Phil, another Phil, and John Moore published together in the Economic Journal, we find that there is a very different timeline of inequality in the United States. The most important part is that unlike Piketty and Saez, who can assign most of, and later Zucman… who can assign most of the changes in inequality to tax policy, we find that actually half the decline in inequality that happens between, say, 1917 and 1960, half of it is because of the Great Depression. And just as good economists, we should not be happy that, okay, the rich are growing poor faster than the poor, but the poor are also growing poor. That is not a decent outcome. So we're minimizing the role of fiscal policy and tax policy in doing inequality, but also the other changes that we find give a very different story of what matters in changing policy rather than being taxes, it has more to do with labour mobility within the United States. With capital mobility within the United States. So poor workers from the south, mostly black Americans, move to richer northern cities where wages are higher. Capital moves from the rich north to the poor south where workers are made more productive. So, the levelling has to do with a very standard force in economics - it's a Solow growth model - capital goes to where the returns are greatest, labour goes where the wages are greatest. Most of the convergence is explained by this, not by tax policy changes. So that's the critique we make of them. And there's a lot of other people who are joining in, Gerald Holtham, David Splinter, a lot of people are actually finding that their numbers don't make much sense and they're actually in violation of a lot of other facts of economic history, even though they're correct in the general idea that inequality fell; fell to 1960 and rose since the 1980. The problem is that all they got right is the shape, but they got wrong the timing, the levels, the extent of the changes. They got most of it wrong. They just got the general shape right. And that's no great feat.Tobi;Thank you so much for joining me.Vincent;It was a pleasure. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.ideasuntrapped.com/subscribe

Find our more about this event on our website: https://bit.ly/3Htj8SX The four-day working week may seem attractive to workers, however critics are quick to point out the potential risks that a shift in working patterns would cause the economy. A new book by Dr Pedro Gomes, Reader in Economics in Birkbeck's Department of Economics, Mathematics and Statistics, draws on economic theory, history and data to argue that working Monday to Thursday will bring about a ‘powerful economic renewal for the benefit of all society'. The book's narrative is centred around the ideas of four economists from the 19th and 20th centuries: John Maynard Keynes, Joseph Schumpeter, Karl Marx and Friedrich Hayek. Giving careful consideration to the counter arguments, Dr Gomes demonstrates how a four-day week can: stimulate the economy through demand raise productivity, innovation and wages reduce technological unemployment crush populist movements reconcile a polarised society. Speaker: Dr Pedro Gomes is Reader in Economics at Birkbeck, University of London. Previously, he spent seven years as Assistant Professor at the University Carlos III de Madrid, was a Visiting Professor at the University of Essex and held positions at the European Central Bank and the Bank of England. Pedro studied for his BSc in Economics in his hometown of Lisbon, and received his PhD from the London School of Economics in 2010. A leading researcher on public sector employment, he has published numerous articles in peer-reviewed journals and two chapters in books. His work has been widely cited and has influenced policymakers, and his paper ‘Optimal public sector wages' was awarded the Austin Robinson Memorial Prize by The Economic Journal (for the best paper written by an author within five years of receiving a PhD). Pedro values partnerships with policy institutions, and has presented his work at the national banks of Portugal, Spain, France and England, as well as at the European Central Bank and the OECD. Fluent in English, Portuguese, Spanish and French, he lives in London with his wife and daughter. Find his new book here

How long can human beings live? Will it become increasingly normal for one to live up to 100 years? What impact will aging have in our societies? To answer these questions, Pedro Pinto interviews Andrew J. Scott in this episode of “It's Not That Simple”, a podcast by the Francisco Manuel dos Santos Foundation. An expert on longevity and aging society, Andrew J. Scott is Professor of Economics at London Business School, having previously held positions at Oxford University, the London School of Economics and Harvard University. He was Managing Editor for the Royal Economic Society's Economic Journal and Non-Executive Director for the UK's Financial Services Authority (2009-2013). He is currently on the advisory board of the UK's Office for Budget Responsibility, the Cabinet Office Honours Committee (Science and Technology), co-founder of The Longevity Forum, a member of the WEF council on Healthy Ageing and Longevity and a consulting scholar at Stanford University's Center on Longevity. Scott is also the recipient of an ESRC grant for researching the economic longevity dividend. In this episode, Scott discusses how we have been able to increase our life expectancy so much in the last few decades. He considers how living longer is “a good thing”, but also the challenges it nevertheless poses. He addresses how governments and companies can deal with some of these challenges. Finally, Scott examines how in order to change the way people age and improve their quality of life at an older age, we must change and improve the way we live when they're younger, in a conversation well worth listening to. More on this topic • The 100-Year Life: Living and Working in an Age of Longevity, Andrew J. Scott and Linda Gratton, 2016 • The New Long Life: A Framework for Flourishing in a Changing World, Andrew J. Scott and Linda Gratton, 2016 • Andrew J. Scott on living a 100 year life • Andrew J. Scott on “The Economics of a Longevity Dividend” • Andrew J. Scott on how to prepare for a longer life • Andrew J. Scott's blog Other references in Portuguese • Essay of the Foundation “O Envelhecimento da Sociedade Portuguesa” by Maria João Valente Rosa • Essay of the Foundation “Envelhecimento e políticas de saúde”, by Teresa Rodrigues • “Dinâmicas demográficas e envelhecimento”, a study by Mário Leston Bandeira for the Francisco Manuel dos Santos Foundation • “Processos de Envelhecimento em Portugal”, a study by Manuel Villaverde Cabral for the Francisco Manuel dos Santos Foundation • “Envelhecimento Activo em Portugal”, a study by Manuel Villaverde Cabral and Pedro Moura Ferreira for the Francisco Manuel dos Santos Foundation • “Genética, stress crónico e envelhecimento”, a conference held by the Francisco Manuel dos Santos Foundation

Bryan Caplan is a Professor of Economics at George Mason University and New York Times Bestselling author.In this episode, we dive deep into his newest book, Don't Be a Feminist: Essays on Genuine Justice.Get a copy of Don't Be a Feminist here.Bryan has written The Myth of the Rational Voter, named "the best political book of the year" by the New York Times, Selfish Reasons to Have More Kids, The Case Against Education, Open Borders (co-authored with SMBC's Zach Weinersmith), Labor Econ Versus the World, How Evil Are Politicians?, and Don't Be a Feminist. His next book, Build, Baby, Build: The Science and Ethics of Housing, will be published by the Cato Institute in 2023.Bryan is the editor and chief writer for Bet On It, the blog hosted by the Salem Center for Policy at the University of Texas. He has published in the New York Times, Washington Post, Wall Street Journal, TIME, Newsweek, Atlantic, American Economic Review, Economic Journal, Journal of Law and Economics, and Intelligence, blogged for EconLog from 2005-2022, and appeared on ABC, BBC, Fox News, MSNBC, and C-SPAN.Subscribe Now and Join Me as we Explore The Truth Through Conversations With The Most Brilliant Minds. --- Highlights:0:39 Why Write Don't be a Feminist?1:20 What is a good definition of Feminism?2:30 Are women treated less fair than men in our society?5:50 Intimidation & Ideologies9:30 Is Critical Thinking Lacking in today's world?11:50 Moral Over-learning.19:10 What's education for?24:20 Social Justice vs. Genuine Justice.30:30 Closing remarks.

Summary: The list of pieties assumed unquestionable is growing exponentially. Economist and bestselling author Bryan Caplan takes a flamethrower to some of the most counterproductive in his new book, Don't Be a Feminist: Essays on Genuine Justice. Guest Bio: Bryan Caplan is a Professor of Economics at George Mason University and New York Times Bestselling author. He has written https://amzn.to/3xGAQgy (The Myth of the Rational Voter), named "the best political book of the year" by the New York Times, https://amzn.to/3f878uD (Selfish Reasons to Have More Kids), https://amzn.to/3qSJMvA (The Case Against Education), and others. Bryan is also the editor and chief writer for Bet On It, the blog hosted by the Salem Center for Policy at the University of Texas. He's been published in the New York Times, Washington Post, Wall Street Journal, TIME, Newsweek, Atlantic, American Economic Review, Economic Journal, Journal of Law and Economics, and Intelligence, blogged for EconLog from 2005-2022, and appeared on ABC, BBC, Fox News, MSNBC, and C-SPAN. Book discussed: https://amzn.to/3UEcNZE (Don't Be a Feminist: Essays on Genuine Justice) Links: https://www.amazon.com/s?i=stripbooks&rh=p_27%3ABryan+Caplan&s=relevancerank&text=Bryan+Caplan&ref=dp_byline_sr_book_1 (Bryan on Amazon) http://bcaplan.com/ (Brian's website) https://betonit.substack.com/ (Bet On It (Substack)) Free Gift from Tom: Download a free copy of Tom's new e-book, It's the Fed, Stupid, at https://forms.aweber.com/form/87/2092395087.html (itsthefedstupid.com). It's also available in paperback https://amzn.to/3HTYSYh (here). It's priced at a pre-hyperinflation level so grab a few copies for friends if you can. It makes a great introduction to the government's most economically damaging institution for liberals, conservatives, libertarians, socialists, and independents alike. Get even more great content by becoming a Tom Mullen Talks Freedom Supporter at https://tommullentalksfreedom.com/support/ (tommullentalksfreedom.com/support). You can sign up there for either https://www.patreon.com/tommullentalksfreedom (my Patreon) or https://tommullen.substack.com/ (my Substack). Like the music on Tom Mullen Talks Freedom? You can hear more at https://skepticsongs.com/ (tommullensings.com)!

Hobhouse's work in South Africa continued after the second Anglo-Boer War was over, and her work as a humanitarian and peace activist continued during and after World War I. Research: "Boer War." International Encyclopedia of the Social Sciences, edited by William A. Darity, Jr., 2nd ed., vol. 1, Macmillan Reference USA, 2008, pp. 348-350. Gale In Context: U.S. History, link.gale.com/apps/doc/CX3045300221/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=de8396d3. Accessed 17 June 2022. "Emily Hobhouse." Encyclopedia of World Biography Online, vol. 38, Gale, 2018. Gale In Context: U.S. History, link.gale.com/apps/doc/K1631010793/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=3ffba52e. Accessed 17 June 2022. Brits, Elsabé. “Emily Hobhouse: Beloved Traitor.” Tafelberg. 2016. Brown, Heloise. “Feminist Responses to the Anglo-Boer War.” From “The Truest Form of Patriotism: Pacifist Feminism in Britain, 1870-1902.” https://www.manchesteropenhive.com/view/9781526137890/9781526137890.00015.xml Donaldson, Peter. "The Boer War and British society: Peter Donaldson examines how the British people reacted to the various stages of the South African war of 1899-1902." History Review, no. 67, Sept. 2010, pp. 32+. Gale In Context: U.S. History, link.gale.com/apps/doc/A237304031/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=27ca4148. Accessed 17 June 2022. Gill, Rebecca and Cornelis Muller. “The Limits of Agency: Emily Hobhouse's international activism and the politics of suffering.” The Journal of South African and American Studies Volume 19, 2018. Hobhouse, Emily. “Dust-Women.” The Economic Journal. Vol. 10, no. 39, Sept. 1900. Via JSTOR. https://www.jstor.org/stable/2957231 Hobhouse, Emily. “To the Committee of the Distress Fund for South African Women and Children. Report.” 1901. https://digital.lib.sun.ac.za/handle/10019.2/2530 Krebs, Paula M. "Narratives of suffering and national identity in Boer War South Africa." Nineteenth-Century Prose, vol. 32, no. 2, fall 2005, pp. 154+. Gale Academic OneFile, link.gale.com/apps/doc/A208109719/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=15c90c3c. Accessed 17 June 2022. Nash, David. "THE BOER WAR AND ITS HUMANITARIAN CRITICS." History Today, vol. 49, no. 6, June 1999, p. 42. Gale In Context: U.S. History, link.gale.com/apps/doc/A54913073/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=5d18555b. Accessed 17 June 2022. Pretorius, Fransjohan. “Concentration camps in the South African War? Here are the real facts.” The Conversation. 2/18/2019. https://theconversation.com/concentration-camps-in-the-south-african-war-here-are-the-real-facts-112006 Sultan, Mena. “Emily Hobhouse and the Boer War.” The Guardian. 3/3/2019. https://www.theguardian.com/gnmeducationcentre/from-the-archive-blog/2019/jun/03/emily-hobhouse-and-the-boer-war Tan BRY. “Dissolving the colour line: L. T. Hobhouse on race and liberal empire.” European Journal of Political Theory. May 2022. doi:10.1177/14748851221093451 Van Heyningen, Elizabeth. “Costly Mythologies: The Concentration Camps of the South African War in Afrikaner Historiography.” Journal of Southern African Studies , Sep., 2008. https://www.jstor.org/stable/40283165 See omnystudio.com/listener for privacy information.

Hobhouse was a pacifist and humanitarian all her life. Part one covers her work exposing terrible conditions at the concentration camps that Britain established in South Africa during the Anglo-Boer War. Research: "Boer War." International Encyclopedia of the Social Sciences, edited by William A. Darity, Jr., 2nd ed., vol. 1, Macmillan Reference USA, 2008, pp. 348-350. Gale In Context: U.S. History, link.gale.com/apps/doc/CX3045300221/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=de8396d3. Accessed 17 June 2022. "Emily Hobhouse." Encyclopedia of World Biography Online, vol. 38, Gale, 2018. Gale In Context: U.S. History, link.gale.com/apps/doc/K1631010793/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=3ffba52e. Accessed 17 June 2022. Brits, Elsabé. “Emily Hobhouse: Beloved Traitor.” Tafelberg. 2016. Brown, Heloise. “Feminist Responses to the Anglo-Boer War.” From “The Truest Form of Patriotism: Pacifist Feminism in Britain, 1870-1902.” https://www.manchesteropenhive.com/view/9781526137890/9781526137890.00015.xml Donaldson, Peter. "The Boer War and British society: Peter Donaldson examines how the British people reacted to the various stages of the South African war of 1899-1902." History Review, no. 67, Sept. 2010, pp. 32+. Gale In Context: U.S. History, link.gale.com/apps/doc/A237304031/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=27ca4148. Accessed 17 June 2022. Gill, Rebecca and Cornelis Muller. “The Limits of Agency: Emily Hobhouse's international activism and the politics of suffering.” The Journal of South African and American Studies Volume 19, 2018. Hobhouse, Emily. “Dust-Women.” The Economic Journal. Vol. 10, no. 39, Sept. 1900. Via JSTOR. https://www.jstor.org/stable/2957231 Hobhouse, Emily. “To the Committee of the Distress Fund for South African Women and Children. Report.” 1901. https://digital.lib.sun.ac.za/handle/10019.2/2530 Krebs, Paula M. "Narratives of suffering and national identity in Boer War South Africa." Nineteenth-Century Prose, vol. 32, no. 2, fall 2005, pp. 154+. Gale Academic OneFile, link.gale.com/apps/doc/A208109719/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=15c90c3c. Accessed 17 June 2022. Nash, David. "THE BOER WAR AND ITS HUMANITARIAN CRITICS." History Today, vol. 49, no. 6, June 1999, p. 42. Gale In Context: U.S. History, link.gale.com/apps/doc/A54913073/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=5d18555b. Accessed 17 June 2022. Pretorius, Fransjohan. “Concentration camps in the South African War? Here are the real facts.” The Conversation. 2/18/2019. https://theconversation.com/concentration-camps-in-the-south-african-war-here-are-the-real-facts-112006 Sultan, Mena. “Emily Hobhouse and the Boer War.” The Guardian. 3/3/2019. https://www.theguardian.com/gnmeducationcentre/from-the-archive-blog/2019/jun/03/emily-hobhouse-and-the-boer-war Tan BRY. “Dissolving the colour line: L. T. Hobhouse on race and liberal empire.” European Journal of Political Theory. May 2022. doi:10.1177/14748851221093451 Van Heyningen, Elizabeth. “Costly Mythologies: The Concentration Camps of the South African War in Afrikaner Historiography.” Journal of Southern African Studies , Sep., 2008. https://www.jstor.org/stable/40283165 See omnystudio.com/listener for privacy information.

Denny P is the owner of Door champs he has been mention on both Economic Journal and Wealth Insiders. --- Send in a voice message: https://podcasters.spotify.com/pod/show/maverick-purvisbeyou/message Support this podcast: https://podcasters.spotify.com/pod/show/maverick-purvisbeyou/support

A Teoria dos Jogos tem mais aplicações na prática do que aquelas que podemos imaginar: está subjacente aos leilões de arte mas também aos leilões do peixe ou das flores; está por detrás da colocação de professores em escolas ou de médicos em hospitais. Até a turma onde a sua filha foi colocada na Faculdade é determinada por esta teoria que afinal tem aplicações muito mais concretas do que parece.Joana Pais e Hugo Van Der Ding largam o lado teórico e trocam agora a Teoria dos Jogos por miúdos, fazendo jus ao objectivo do IN PERTINENTE: dar respostas às perguntas de todos e contribuir para uma sociedade mais informada.REFERÊNCIAS E LINKS ÚTEIS:Leilões:Krishna, Vijay. Auction theory. Academic press, 2009. Milgrom, Paul Robert. Putting auction theory to work. Cambridge University Press, 2004 Desenho de mercados em geral:Roth, Alvin E. The economist as engineer: Game theory, experimentation, and computation as tools for design economics." Econometrica 70.4 (2002): 1341-1378.Roth, Alvin E. "What Have We Learned from Market Design?." The Economic Journal 118.527 (2008): 285-310. Scott Duke Kominers, Alexander Teytelboym, and Vincent P. Crawford. An invitation to market design. Oxford Review of Economic Policy Matching theory:Gale, David, and Lloyd S. Shapley. "College admissions and the stability of marriage." The American Mathematical Monthly 69.1 (1962): 9-15. Scientific Background on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2012: https://www.nobelprize.org/uploads/2018/06/advanced-economicsciences2012.pdfRoth, Alvin E. "The evolution of the labor market for medical interns and residents: a case study in game theory." The Journal of Political Economy(1984): 991-1016. Alvin Roth, Marilda Sotomayor, Two-sided matching (1990), Cambridge university press (Econometric Society Monograph)Alvin Roth (2015), Who gets what - and why: The new economics of Matchmaking and Market Design, Eamon Dolan / Houghton Mifflin Harcourt Michael A. Rees, Ty B. Dunn, Christian S. Kuhr, Christopher L. Marsh, Jeffrey Rogers, Susan E. Rees, Alejandra Cicero, Laurie J. Reece, Alvin E. Roth, Obi Ekwenna, et al. Kidney exchange to overcome financial barriers to kidney transplantation. American Journal of Transplantation, 17:782–790, 2017.BIOSJOANA PAISJoana Pais é professora de Economia no ISEG da Universidade de Lisboa. Obteve o seu Ph.D. em Economia na Universitat Autònoma de Barcelona em 2005. Atualmente é coordenadora do programa de Mestrado em Economia e do programa de Doutoramento em Economia, ambos do ISEG, e membro da direção da unidade de investigação REM - Research in Economics and Mathematics. É ainda coordenadora do XLAB – Behavioural Research Lab, um laboratório que explora a tomada de decisão e o comportamento económico, político e social, suportado pelo consórcio PASSDA (Production and Archive of Social Science Data). Os seus interesses de investigação incluem áreas como a teoria de jogos, em particular, a teoria da afetação (matching theory), o desenho de mercados, a economia comportamental e a economia experimental.HUGO VAN DER DING Hugo van der Ding nasceu nos finais dos anos 70 ao largo do Golfo da Biscaia, durante uma viagem entre Amesterdão e Lisboa, e cresceu numa comunidade hippie nos arredores de Montpellier. Estudou História das Artes Decorativas Orientais, especializando-se em gansos de origami. Em 2012, desistiu da carreira académica para fazer desenhos nas redes sociais. Depois do sucesso de A Criada Malcriada deixou de precisar de trabalhar. Ainda assim, escreve regularmente em revistas e jornais, é autor de alguns livros e podcasts, faz ocasionalmente teatro e televisão, e continua a fazer desenhos nas redes sociais. Desde 2019 é um dos apresentadores do programa Manhãs da 3, na Antena 3.

Omahyväisyysharha tai myside bias on tauti, joka esiintyy hoitona. Se ei säästä ketään ja tartuntaherkimpiä ovat kaikkein oppineimmat. Totuus jää taka-alalle, kun haemme voittoa poliittisessa debatissa ja kidutamme faktoja niin kauan, että ne taipuvat puolellemme. Talouspoliittinen M&A -podcast tarjoaa korjaussarjan omahyväisyysharhaan. Sen lisäksi kysymme, kummasta on yhteiskunnalle enemmän hyötyä, osakepelurista vai omavaraishipistä. Kirjallisuutta Barth, E., Bryson, A., & Dale-Olsen, H. (2020). Union Density Effects on Productivity and Wages. The Economic Journal, Bertrand, M., & Mullainathan, S. (2003). Enjoying the Quiet Life? Corporate Governance and Managerial Preferences. [Article]. Journal of Political Economy, 111(5), 1043-1075. Dale-Olsen, H. (2021). Do unions contribute to creative destruction? PloS one, 16(12), e0261212. Huovinen, Veikko: Viinankätkijä; kokoelmassa Mikäpä tässä. WSOY, 1969.  Saari, Juho: Hyvinvointivaltio. Nyt. Talous & Yhteiskunta 04/21. Stanovich, Keith E.: The Bias that Divides Us. The Science and Politics of Myside Thinking. The MIT Press, 2021. Vikman Juha & Suojanen Sami: Paljastavat luvut: Journalismia taloudesta – mitä tilinpäätöksestä kannattaa etsiä ja johtajilta kysyä. CFG Kustannus, 2021. HS: Ekonomisti haastaa pörssin päiväkauppiaat: Heistä olisi enemmän hyötyä työttöminä työnhakijoina (@Juha Itkonen)

Popular discourse tends to depict women as less likely than men to take risks. Christine LaGarde, Managing Director of the International Monetary Fund, famously implied that women make less risky financial decisions when she stated that the financial crisis of 2008 would not have occurred “if it had been Lehman Sisters rather than Lehman Brothers”. But are women really more risk-averse than men? Research has in fact shown that men and women are more similar in their risk preferences than commonly believed. We bust this myth with leading experts to show that women may act more risk- averse only because of gender norms that place expectations on them to do so. Featured Guests: Dr. Thekla Morgenroth, previously of University of Exeter and now at Purdue University  Dr. Julie Nelson, University of Massachusetts Boston Research Mentioned: Booth, A.L. and Nelson, P. (2012). Gender Differences in Risk Behaviour: Does Nurture Matter? The Economic Journal 122(558), F56-F78. Botelho, T. and Abraham, M. (2017). Pursuing Quality: How Search Costs and Uncertainty Magnify Gender-based Double Standards in a Multistage Evaluation Process. Administrative Science Quarterly 62(4), 698-730. Kaplan, S. and Walley, N. (2016). The Risky Rhetoric of Female Risk Aversion. Stanford Social Innovation Review. https://ssir.org/articles/entry/the_risky_rhetoric_of_female_risk_aversion Liu, E.M. and Zuo, S.X. (2019). Measuring the impact of interaction between children of a matrilineal and a patriarchal culture on gender differences in risk aversion. PNAS 116(14), 6713- 6719. Morgenroth, T., Fine, C., Ryan, M.K. and Genat, A.E. (2017). Sex, Drugs, and Reckless Driving: Are Measures Biased Toward Identifying Risk-Taking in Men? Social Psychological and Personality Science 9(6), 744-753. Nelson, J.A. (2015). Are Women Really More Risk-Averse Than Men? A Reanalysis of the Literature Using Expanded Methods. Journal of Economic Surveys 29(3), 566-585. For more research and resources (https://www.gendereconomy.org) or click here . For transcript + show notes please visit out website (www.gendereconomy.org/Busted) or click here. This podcast is a GATE Audio production from the University of Toronto's Institute for Gender and the Economy: www.gendereconomy.org

Do you struggle to cope with uncertainty - about the effects of the pandemic, about your career, about your income, your relationship, and God knows what else? The Academic Imperfectionist is here to break it all down for you. You're going to learn:That it's completely normal to feel stressed and anxious in the face of uncertainty;That the reason uncertainty is stressful is due not only to the possibility of some nasty outcome that you fear, but also to how anticipating it makes you feel;That coping effectively with uncertainty requires two separate strategies: one to try to avert the nasty outcome that you fear, and another to address the stress that anticipating that outcome causes you;How to start implementing both those strategies right now.Here are the publications mentioned in the episode:Anderson, E. C., Carleton, R. N., Diefenbach, M., and Han, P. K. J. 2019: ‘The relationship between uncertainty and affect', Frontiers in Psychology 10.Loewenstein, G. 1987: ‘Anticipation and the valuation of delayed consumption', The Economic Journal 97/387: 666–84.Lovallo, D. and Kahneman, D. 2000: ‘Living with uncertainty: attractiveness and resolution timing', Journal of Behavioral Decision Making 13/2: 179–90. And here's Harvard Law School's guide to BATNAs.Click here to support the show via Patreon!

Many companies have embraced tying their product to a noble cause by making charitable donations when their sales volume increases. Others have tied worker productivity to their philanthropy as well. Stephan Meier, a professor at Columbia Business School, however, has discovered that corporate philanthropy tied to worker productivity can sometimes backfire. An Economic Journal study ... The post Motives Matter appeared first on Unconventional Business Network.

O tym, jak Piotr Tepper nie dostał w Berlinie kredytu.Bibliografia:1. M. Bąk, "Upadek banków warszawskich w 1793 roku", "Mówią Wieki" 11/2019;2. T. Fleming, "Wall Street's First Collapse", "American Heritage", 6/2008;3. R. G. Hawtrey, "The Collapse of the French Assignats", "The Economic Journal" 28/1918;4. Ł. Kądziela, "Między zdradą a służbą Rzeczypospolitej. Fryderyk Moszyński w latach 1792–1793", Warszawa 1993 (rozdziały: 2.5., 3.4, 3.13);5. W. Kornatowski, "Kryzys bankowy w Polsce 1793 roku. Upadłość Teppera, Szulca, Kabryta, Prota Potockiego, Łyszkiewicza i Heyzlera", Warszawa 1937 (rozdziały 2 i 3);6. R. Kowalczyk, "Tsunami finansowe XVIII wieku: Francja, Holandia, Prusy, Rzeczpospolita", "Україна та Польща: минуле, сьогодення, перспективи", 1/2012;7. A. Jezierski, "Historia gospodarcza Polski", (rozdział 3.5.3.: "Kredyt");8. W. Morawski, "Od Piotra Skargi do Andrzeja Kapostasa", „Mówią Wieki”, 12/2013;9. wiki: "Assignat" [en]; "Jiaochao" [en]; "Kryzys bankowy w Polsce w 1793" [pl]; "Panic of 1792" [en]; "Panika roku 1792" [pl].

Jasper Bernes presents a sharp critique of centralized planning and proposes what he calls: Planarchy.ShownotesJasper Bernes on Twitter:https://twitter.com/outsidadgitatorBernes, Jasper. 2020. "Planning and Anarchy". In South Atlantic Quaterly vol. 119(1): 53-73:https://jasperbernesdotnet.files.wordpress.com/2020/02/1190053.pdf Jasper Bernes' Website:https://jasperbernes.net/Commune Editions Magazine edited by Jasper Bernes, Joshua Clover, and Juliana Spahr:https://communeeditions.com/Bernes, Jasper. 2019. "Between the Devil and the Green New Deal". Commune:https://communemag.com/between-the-devil-and-the-green-new-deal/Bernes, Jasper. 2018. "Communism might last a million years". Commune:https://communemag.com/the-shield-of-utopia/Amadeo Bordiga (Wikipedia):https://en.wikipedia.org/wiki/Amadeo_BordigaGroos, Jan. 2021. "Distributed Planned Economies in the Age of their Technical Feasibility". In BEHEMOTH A Journal on Civilisation vol. 14(2) herausgegeben von Janosik Herder, Felix Maschewski und Anna-Verena Nosthoff: 75-87. (English, extended version of the german book chapter):https://ojs.ub.uni-freiburg.de/behemoth/article/view/1061On the historical socialist calculation debateThe Austrians (selection)Mises, v. Ludwig. 1990. Economic Calculation in the Socialist Commonwealth. Auburn: Ludwig von Mises Institute. (full book):https://cdn.mises.org/Economic%20Calculation%20in%20the%20Socialist%20Commonwealth_Vol_2_3.pdfHayek, F. A. 2011 [1945]. “The Use of Knowledge in Society”. Mises Daily Articles:https://mises.org/library/use-knowledge-societyHayek, F. A. 2005 [1936]. "Economics and Knowledge". Mises Daily Articles:https://mises.org/library/economics-and-knowledgeHayek, F. A. 1963 [1935]. Collectivist Economic Planning. London: Routledge:https://cdn.mises.org/Collectivist%20Economic%20Planning_2.pdfWiki on the Austrian School of Economics:https://en.wikipedia.org/wiki/Austrian_SchoolThe Socialists (selection):Lange, O. 1936. “On the Economic Theory of Socialism: Part One”. The Review of Economic Studies, 4(1): 53–71:https://www.jstor.org/preview-page/10.2307/2967660?seq=1Neurath O. 2005 [1925]. “Economic Plan and Calculation in Kind”. In Otto Neurath Economic Writings Selections 1904–1945. Vienna Circle Collection, vol 23. Wiesbaden: Springer:https://link.springer.com/chapter/10.1007/1-4020-2274-3_14Barone, E. 2012. “THE MINISTRY OF PRODUCTION IN THE COLLECTIVIST STATE”. Giornale Degli Economisti e Annali Di Economia, 71(Anno 125)(2/3): 75–112:http://www.jstor.org/stable/43828055D. Dickinson. 1933. “Price Formation in a Socialist Community”. The Economic Journal, Volume 43, Issue 170, 1 June 1933: 237–250:https://academic.oup.com/ej/article-abstract/43/170/237/5267408?redirectedFrom=fulltextMarx, Karl. 1887. "Capital Volume I". marxists.org:https://www.marxists.org/archive/marx/works/download/pdf/Capital-Volume-I.pdfMarx. Karl. 1878. "Capital Volume II". marxists.org:https://www.marxists.org/archive/marx/works/1885-c2/index.htmFree online courses by David Harvey "Reading Marx's Capital":http://davidharvey.org/reading-capital/Other historical voices (selection):Schumpeter, Joseph A. Capitalism. 1976. Socialism and Democracy. London: Routledge. Full book:https://eet.pixel-online.org/files/etranslation/original/Schumpeter,%20Capitalism,%20Socialism%20and%20Democracy.pdfSocialist Calculation Debate 2.0Saros, Daniel E. 2014. Information Technology and Socialist Construction – The End of Capital and the Transition to Socialism. London: Routledge:https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and/Saros/p/book/9780415742924Cockshott, Paul and Allin Cottrell. 2000. Towards a new socialism. Nottingham: Russell Press. Full book:http://ricardo.ecn.wfu.edu/~cottrell/socialism_book/new_socialism.pdfPhillips, Leigh and Michal Rozworski. 2019. The People's Republic of Walmart. London: Verso:https://www.versobooks.com/books/2822-the-people-s-republic-of-walmartMorozov, Evgeny. 2019. "Digital Socialism?". New Left Review vol. 116/117:https://newleftreview.org/issues/II116/articles/evgeny-morozov-digital-socialismSpufford, Francis. 2010. Red Plenty. London: Faber and Faber. (novel):https://www.goodreads.com/book/show/6481280-red-plentyDyer-Witheford, Nick. 2013. "Red Plenty Platforms". Culture Machine vol. 14:https://culturemachine.net/wp-content/uploads/2019/05/511-1153-1-PB.pdfFuchs, Christina (Hg.). 2020. Communicative Socialism/Digital Socialism. tripleC: Communication, Capitalism & Critique 18 (1): 1-285:https://www.triple-c.at/index.php/tripleC/article/view/1149Phillips, Leigh and Michal Rozworski. 2019. "Yes, a Planned Economy Can Actually Work". Jacobin Magazine:https://www.jacobinmag.com/2019/03/economic-planning-walmart-democracy-socialismMalloy, Michael. 2019. "Economic Planning and Degrowth: How Socialism Survives the 21st Century". New Socialist:https://newsocialist.org.uk/economic-planning-and-degrowth/ Further Future Histories Episodes on related topics:S01E31/32 | Daniel E. Saros on Digital Socialism and the Abolition of Capital (pt. 1 & 2):https://www.futurehistories.today/episoden-blog/s01/e31-daniel-e-saros-on-digital-socialism-and-the-abolition-of-capital-part-1/;https://www.futurehistories.today/episoden-blog/s01/e32-daniel-e-saros-on-digital-socialism-and-the-abolition-of-capital-part-2/S01E44/45 | Benjamin Bratton on Synthetic Catallaxies, Platforms of Platforms & Red Futurism (pt. 1 & 2):https://www.futurehistories.today/episoden-blog/s01/e44-benjamin-bratton-on-synthetic-catallaxies-platforms-of-platforms-red-futurism-part-1-2/;https://www.futurehistories.today/episoden-blog/s01/e45-benjamin-bratton-on-synthetic-catallaxies-platforms-of-platforms-red-futurism-part-2-2/S01E16 | Richard Barbrook on Imaginary Futures:https://www.futurehistories.today/episoden-blog/s01/e16-richard-barbrook-on-imaginary-futures/(German) S01E12 | Daniel Loick zu Anarchismus:https://www.futurehistories.today/episoden-blog/s01/e12-daniel-loick-zu-anarchismus/(German) S01E14 | Harald Welzer zu Kapitalismus, Planwirtschaft & liberaler Demokratie:https://www.futurehistories.today/episoden-blog/s01/e14-interview-mit-harald-welzer-zu-kapitalismus-planwirtschaft-amp-liberaler-demokratie/(German) S01E18 | Simon Schaupp zu Kybernetik und radikaler Demokratie:https://www.futurehistories.today/episoden-blog/s01/e18-simon-schaupp-zu-kybernetik-und-radikaler-demokratie/(German) S01E19 | Jan Philipp Dapprich zu sozialistischer Planwirtschaft:https://www.futurehistories.today/episoden-blog/s01/e19-jan-philipp-dapprich-zu-sozialistischer-planwirtschaft/(German) S01E38 | Ulrike Herrmann zu kapitalistischer Planwirtschaft: https://www.futurehistories.today/episoden-blog/s01/e38-ulrike-herrmann-zu-kapitalistischer-planwirtschaft/(German) S01E39 | Jens Schröter zur Gesellschaft nach dem Geld: https://www.futurehistories.today/episoden-blog/s01/e39-jens-schroeter-zur-gesellschaft-nach-dem-geld/(German) S01E51 | Timo Daum zur unsichtbaren Hand des Plans: https://www.futurehistories.today/episoden-blog/s01/e51-timo-daum-zur-unsichtbaren-hand-des-plans/(German) S01E47 | Stefan Meretz zu Commonismus:https://www.futurehistories.today/episoden-blog/s01/e47-stefan-meretz-zu-commonismus/ If you like Future Histories, you can help with your support on Patreon:https://www.patreon.com/join/FutureHistories?Write me at office@futurehistories.today and join the discussion on Twitter (#FutureHistories):https://twitter.com/FutureHpodcastor on Reddit https://www.reddit.com/r/FutureHistories/www.futurehistories.today Episode Keywords:#FutureHistories, #Podcast, #PlanningandAnarchy, #JasperBernes, #Anarchy, #Anarchismus, #Planwirtschaft, #Society, #Democracy, #Communism, #Planarchy, #SocialistCalculationDebate, #Hayek, #Marx, #KarlMarx, #PlanningDebate, #DanielSaros, #SCD, #Cybernetics, #CyberneticPlannedEconomy, #DigitalSocialism, #Socialism, #Anarchism, #Revolution, #PlannedEconomy 

Jasper Bernes presents a sharp critique of centralized planning and proposes what he calls: Planarchy.ShownotesJasper Bernes on Twitter:https://twitter.com/outsidadgitatorBernes, Jasper. 2020. "Planning and Anarchy". In South Atlantic Quaterly vol. 119(1): 53-73:https://jasperbernesdotnet.files.wordpress.com/2020/02/1190053.pdf Jasper Bernes' Website:https://jasperbernes.net/Commune Editions Magazine edited by Jasper Bernes, Joshua Clover, and Juliana Spahr:https://communeeditions.com/Bernes, Jasper. 2019. "Between the Devil and the Green New Deal". Commune:https://communemag.com/between-the-devil-and-the-green-new-deal/Bernes, Jasper. 2018. "Communism might last a million years". Commune:https://communemag.com/the-shield-of-utopia/Amadeo Bordiga (Wikipedia):https://en.wikipedia.org/wiki/Amadeo_BordigaGroos, Jan. 2021. "Distributed Planned Economies in the Age of their Technical Feasibility". In BEHEMOTH A Journal on Civilisation vol. 14(2) herausgegeben von Janosik Herder, Felix Maschewski und Anna-Verena Nosthoff: 75-87. (English, extended version of the german book chapter):https://ojs.ub.uni-freiburg.de/behemoth/article/view/1061On the historical socialist calculation debateThe Austrians (selection)Mises, v. Ludwig. 1990. Economic Calculation in the Socialist Commonwealth. Auburn: Ludwig von Mises Institute. (full book):https://cdn.mises.org/Economic%20Calculation%20in%20the%20Socialist%20Commonwealth_Vol_2_3.pdfHayek, F. A. 2011 [1945]. “The Use of Knowledge in Society”. Mises Daily Articles:https://mises.org/library/use-knowledge-societyHayek, F. A. 2005 [1936]. "Economics and Knowledge". Mises Daily Articles:https://mises.org/library/economics-and-knowledgeHayek, F. A. 1963 [1935]. Collectivist Economic Planning. London: Routledge:https://cdn.mises.org/Collectivist%20Economic%20Planning_2.pdfWiki on the Austrian School of Economics:https://en.wikipedia.org/wiki/Austrian_SchoolThe Socialists (selection):Lange, O. 1936. “On the Economic Theory of Socialism: Part One”. The Review of Economic Studies, 4(1): 53–71:https://www.jstor.org/preview-page/10.2307/2967660?seq=1Neurath O. 2005 [1925]. “Economic Plan and Calculation in Kind”. In Otto Neurath Economic Writings Selections 1904–1945. Vienna Circle Collection, vol 23. Wiesbaden: Springer:https://link.springer.com/chapter/10.1007/1-4020-2274-3_14Barone, E. 2012. “THE MINISTRY OF PRODUCTION IN THE COLLECTIVIST STATE”. Giornale Degli Economisti e Annali Di Economia, 71(Anno 125)(2/3): 75–112:http://www.jstor.org/stable/43828055D. Dickinson. 1933. “Price Formation in a Socialist Community”. The Economic Journal, Volume 43, Issue 170, 1 June 1933: 237–250:https://academic.oup.com/ej/article-abstract/43/170/237/5267408?redirectedFrom=fulltextMarx, Karl. 1887. "Capital Volume I". marxists.org:https://www.marxists.org/archive/marx/works/download/pdf/Capital-Volume-I.pdfMarx. Karl. 1878. "Capital Volume II". marxists.org:https://www.marxists.org/archive/marx/works/1885-c2/index.htmFree online courses by David Harvey "Reading Marx's Capital":http://davidharvey.org/reading-capital/Other historical voices (selection):Schumpeter, Joseph A. Capitalism. 1976. Socialism and Democracy. London: Routledge. Full book:https://eet.pixel-online.org/files/etranslation/original/Schumpeter,%20Capitalism,%20Socialism%20and%20Democracy.pdfSocialist Calculation Debate 2.0Saros, Daniel E. 2014. Information Technology and Socialist Construction – The End of Capital and the Transition to Socialism. London: Routledge:https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and/Saros/p/book/9780415742924Cockshott, Paul and Allin Cottrell. 2000. Towards a new socialism. Nottingham: Russell Press. Full book:http://ricardo.ecn.wfu.edu/~cottrell/socialism_book/new_socialism.pdfPhillips, Leigh and Michal Rozworski. 2019. The People's Republic of Walmart. London: Verso:https://www.versobooks.com/books/2822-the-people-s-republic-of-walmartMorozov, Evgeny. 2019. "Digital Socialism?". New Left Review vol. 116/117:https://newleftreview.org/issues/II116/articles/evgeny-morozov-digital-socialismSpufford, Francis. 2010. Red Plenty. London: Faber and Faber. (novel):https://www.goodreads.com/book/show/6481280-red-plentyDyer-Witheford, Nick. 2013. "Red Plenty Platforms". Culture Machine vol. 14:https://culturemachine.net/wp-content/uploads/2019/05/511-1153-1-PB.pdfFuchs, Christina (Hg.). 2020. Communicative Socialism/Digital Socialism. tripleC: Communication, Capitalism & Critique 18 (1): 1-285:https://www.triple-c.at/index.php/tripleC/article/view/1149Phillips, Leigh and Michal Rozworski. 2019. "Yes, a Planned Economy Can Actually Work". Jacobin Magazine:https://www.jacobinmag.com/2019/03/economic-planning-walmart-democracy-socialismMalloy, Michael. 2019. "Economic Planning and Degrowth: How Socialism Survives the 21st Century". New Socialist:https://newsocialist.org.uk/economic-planning-and-degrowth/ Further Future Histories Episodes on related topics:S01E31/32 | Daniel E. Saros on Digital Socialism and the Abolition of Capital (pt. 1 & 2):https://www.futurehistories.today/episoden-blog/s01/e31-daniel-e-saros-on-digital-socialism-and-the-abolition-of-capital-part-1/;https://www.futurehistories.today/episoden-blog/s01/e32-daniel-e-saros-on-digital-socialism-and-the-abolition-of-capital-part-2/S01E44/45 | Benjamin Bratton on Synthetic Catallaxies, Platforms of Platforms & Red Futurism (pt. 1 & 2):https://www.futurehistories.today/episoden-blog/s01/e44-benjamin-bratton-on-synthetic-catallaxies-platforms-of-platforms-red-futurism-part-1-2/;https://www.futurehistories.today/episoden-blog/s01/e45-benjamin-bratton-on-synthetic-catallaxies-platforms-of-platforms-red-futurism-part-2-2/S01E16 | Richard Barbrook on Imaginary Futures:https://www.futurehistories.today/episoden-blog/s01/e16-richard-barbrook-on-imaginary-futures/(German) S01E12 | Daniel Loick zu Anarchismus:https://www.futurehistories.today/episoden-blog/s01/e12-daniel-loick-zu-anarchismus/(German) S01E14 | Harald Welzer zu Kapitalismus, Planwirtschaft & liberaler Demokratie:https://www.futurehistories.today/episoden-blog/s01/e14-interview-mit-harald-welzer-zu-kapitalismus-planwirtschaft-amp-liberaler-demokratie/(German) S01E18 | Simon Schaupp zu Kybernetik und radikaler Demokratie:https://www.futurehistories.today/episoden-blog/s01/e18-simon-schaupp-zu-kybernetik-und-radikaler-demokratie/(German) S01E19 | Jan Philipp Dapprich zu sozialistischer Planwirtschaft:https://www.futurehistories.today/episoden-blog/s01/e19-jan-philipp-dapprich-zu-sozialistischer-planwirtschaft/(German) S01E38 | Ulrike Herrmann zu kapitalistischer Planwirtschaft: https://www.futurehistories.today/episoden-blog/s01/e38-ulrike-herrmann-zu-kapitalistischer-planwirtschaft/(German) S01E39 | Jens Schröter zur Gesellschaft nach dem Geld: https://www.futurehistories.today/episoden-blog/s01/e39-jens-schroeter-zur-gesellschaft-nach-dem-geld/(German) S01E51 | Timo Daum zur unsichtbaren Hand des Plans: https://www.futurehistories.today/episoden-blog/s01/e51-timo-daum-zur-unsichtbaren-hand-des-plans/(German) S01E47 | Stefan Meretz zu Commonismus:https://www.futurehistories.today/episoden-blog/s01/e47-stefan-meretz-zu-commonismus/ If you like Future Histories, you can help with your support on Patreon:https://www.patreon.com/join/FutureHistories?Write me at office@futurehistories.today and join the discussion on Twitter (#FutureHistories):https://twitter.com/FutureHpodcastor on Reddit https://www.reddit.com/r/FutureHistories/www.futurehistories.today Episode Keywords:#FutureHistories, #Podcast, #PlanningandAnarchy, #JasperBernes, #Anarchy, #Anarchismus, #Planwirtschaft, #Society, #Democracy, #Communism, #Planarchy, #SocialistCalculationDebate, #Hayek, #Marx, #KarlMarx, #PlanningDebate, #DanielSaros, #SCD, #Cybernetics, #CyberneticPlannedEconomy, #DigitalSocialism, #Socialism, #Anarchism, #Revolution, #PlannedEconomy 

Gianni De Fraja is Professor of Economics at the University of Nottingham, Professor of Public Economics (part-time) at the Università di Roma "Tor Vergata" and Research Fellow at CEPR. He has been Head of the Economics department at the University of Leicester, where he held the William Tyler Chair in Economics; previously he worked at the Universities of York and Bristol, and held visiting posts in Tokyo, Bonn and Barcelona. He received a DPhil from Oxford in 1989, and before that studied in Pisa and Siena. His research interests are in the areas of labour and public economics, and the economics of education. He has published in Review of Economic Studies, Journal of Political Economy, International Economic Review, Games and Economic Behavior, Economic Journal, Journal of Public Economics, Review of Economics and Statistics, and Rand Journal of Economics among others. Photo by Sean Benesh on Unsplash A Correction Podcast Episodes RSS

In this Episode Olivia Gomez guests and discusses the importance of feminine friendships. Emily presents research on the gravity of having femme friends; economically, academically as well as socially. The two discuss unhealthy friendships and ideal states of friendship. References (Some of the scholarly references may be behind a paywall) Self-disclosure through weblogs and perceptions of online and "real-life" friendships among female bloggers by Cynthia M H Bane, Marilyn Cornish, Nicole Erspamer, and Lia Kampman, from the Book "Cyberpsychology, Behavior and Social Networking" (2010) Friendships and Female Education: Evidence From a Field Experiment in Bangladeshi Primary Schools by Youjin Hahn, Asadul Islam, Eleonor Patacchini and Yves Zenou, from The Economic Journal (2019) Teenage Girls, Female Friendship and the Making of the Sexual Revolution in England by Hannah Charnock, from The Historical Journal (2019) Find Us Online - Website: https://sumtreeproductions.com/bbb - Twitter: https://twitter.com/bbbpodcast905 - Facebook: https://www.facebook.com/Boobies-Bits-and-Booty-112349213958694 Credits - Host: Emily Bryant-Mundschau - Editor: Lira Gomez About Us Boobies, Bits, and Booty boasts itself a platform for all feminine people to talk about topics and issues that are meaningful to them. From light-hearted to deeply significant, Boobies, Bits, and Booty provides an inclusive space for femme folk to listen and engage with the content that matters most to them.

Hi my dearest witches, welcome to December. As the darkest day of the year and Yule celebrations draw ever-closer, Reed and I aim to wrap-up our three-part series on the Witch Trials of the Early Modern Period in Europe with this episode.And I get a *little* unhinged about capitalism. In this episode, join us for scholarly interpretations of the 'why' of these horrific witch trials, and alongside our attempts at sense-making Reed and I get into the 'what now' and 'why it matters.' It is dark, and painful, and liberating as all get out. And holy hell do I love the word posit. Woof. Episode resources / notes: Witches, Witch-hunting, and Women - Silvia Federici Witchcraft, Gender, and Marxism on Philosophy TubeWhen I repeatedly refer to the Child Care Grant (cause academia) I obviously mean subsidy (more here)How Christianity Created Capitalism  - Michael Novak Miguel, Edward (2005). "Poverty and Witch Killing". Review of Economic Studies. 72 (4): 1153–1172. Briggs, Robin (1996). Witches and Neighbours: The Social and Cultural Context of European Witchcraft. London: Penguin. ISBN 978-0-14-014438-3.Germany was once the Witch-Burning Capital of the World. Here's why. - Gwynn GuilfordPeter T. Leeson, Jacob W. Russ, Witch Trials, The Economic Journal, Volume 128, Issue 613, 1 August 2018, Pages 2066–2105, https://doi.org/10.1111/ecoj.12498Ross, E. B. (1995). Syphilis, misogyny, and witchcraft in 16th-century Europe. Current Anthropology, 36(2), 333-337.Federici, Silvia (2004). Caliban and the Witch: Women, the Body, and Primitive Accumulation. Brooklyn, NY: Autonomedia. ISBN 1-57027-059-7.Fia Forsström Find my little bro on the interwebs:Instagram - @reed_eckertTikTok - @reedeckertMore The Witch:Instagram - @thewitchpodcastFacebook - @thewitchpodAnd support us on Patreon - https://www.patreon.com/thewitchpodcast 

Michael & Jonathan are joined by George Selgin. The discussion focuses on what is money vs. currency, considerations for monetary policy, Bitcoin, and Central Bank Digital Currencies. ABOUT GEORGE SELGIN George Selgin is a senior fellow and director of the Center for Monetary and Financial Alternatives at the Cato Institute and Professor Emeritus of Economics at the University of Georgia. His research covers a broad range of topics within the field of monetary economics, including monetary history, macroeconomic theory, and the history of monetary thought. He is the author of The Theory of Free Banking (Rowman & Littlefield, 1988); Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage (University of Michigan Press, 2008); Money: Free & Unfree (The Cato Institute, 2017); Less Than Zero: The Case for a Falling Price Level in a Growing Economy (The Cato Institute, 2018) and, most recently, Floored! How a Misguided Fed Experiment Deepened and Prolonged the Great Recession (The Cato Institute, 2018). He also contributed a chapter to libertarianism.org's Visions of Liberty. Selgin is one of the founders, with Kevin Dowd and Lawrence H. White, of the Modern Free Banking School, which draws its inspiration from the writings of F. A. Hayek on denationalization of money and choice in currency. Selgin has written for numerous scholarly journals, including the British Numismatic Journal; the Economic Journal; the Economic History Review; the Journal of Economic Literature; and the Journal of Money, Credit, and Banking; and for popular outlets such as the Christian Science Monitor, the Financial Times, and the Wall Street Journal, among others. Selgin holds a BA in economics and zoology from Drew University, and a PhD in economics from New York University. Follow George on Twitter @GeorgeSelgin ABOUT DIGITAL DOLLAR SUBSCRIBE TO THE EMAIL INBOX UPDATES! https://digitaldollar.substack.com For more information about our sponsor, visit https://10xts.com for digital asset compliance solutions for financial services and capital markets. Follow us on Twitter @GoDigitalDollar --- Send in a voice message: https://anchor.fm/digitaldollar/message

In this episode, we are joined by Ariel Rubinstein from NYU and Tel Aviv University, to discuss his paper “Equilibrium in the Jungle,” which appeared in The Economic Journal in 2007. Co-authored with Michele Piccione, the paper constructs a system that is analogous to the conventional ‘exchange economy' of micro theory, except that the forces governing allocations are … Continue reading Equilibrium in the Jungle with Ariel Rubinstein →

Part 2 of the in depth interview with Daniel E Saros. While many are unsatisfied with capitalism and critique it in highly sophisticated ways, there are few concrete proposals for a socialist mode of production that could replace the capitalist one. Daniel E. Saros has developed such a proposal in his book "Information Technology and Socialist Construction – The End of Capital and the Transition to Socialism" which we discuss at length over the course of two episodes.ShownotesInformation on and works by Daniel E. SarosDaniel E. Saros at Valparaiso University:https://www.valpo.edu/economics/about/faculty-and-staff/daniel-e-saros/Saros, E. Daniel. 2014. Information Technology and Socialist Construction. The End of Capital and the Transition to Socialism. Oxfordshire: Routledge:https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and/Saros/p/book/9780415742924Saros, E. Daniel. 2019. "Information Technology and the Socialist Mode of Production: A Simulation of the Point Allocation System". Preprint. Annual Meeting of American Economic Association 2020 (zuletzt aufgerufen Dezember 2020):https://www.aeaweb.org/conference/2020/preliminary/paper/YhNBnTehSelected works:https://works.bepress.com/daniel-saros/ On the historical socialist calculation debateThe Austrians (selection)Mises, v. Ludwig. 1990. Economic Calculation in the Socialist Commonwealth. Auburn: Ludwig von Mises Institute. (full book):https://cdn.mises.org/Economic%20Calculation%20in%20the%20Socialist%20Commonwealth_Vol_2_3.pdfHayek, F. A. 2011. “The Use of Knowledge in Society”. Mises Daily Articles:https://mises.org/library/use-knowledge-societyHayek, F. A. 2005. "Economics and Knowledge". Mises Daily Articles:https://mises.org/library/economics-and-knowledgeHayek, F. A. 1963. Collectivist Economic Planning. London: Routledge:https://cdn.mises.org/Collectivist%20Economic%20Planning_2.pdfWiki on the Austrian School of Economics:https://en.wikipedia.org/wiki/Austrian_SchoolThe Socialists (selection):Lange, O. 1936. “On the Economic Theory of Socialism: Part One”. The Review of Economic Studies, 4(1): 53–71:https://www.jstor.org/preview-page/10.2307/2967660?seq=1Neurath O. 2005. “Economic Plan and Calculation in Kind”. In Otto Neurath Economic Writings Selections 1904–1945. Vienna Circle Collection, vol 23. Wiesbaden: Springer:https://link.springer.com/chapter/10.1007/1-4020-2274-3_14Barone, E. 2012. “THE MINISTRY OF PRODUCTION IN THE COLLECTIVIST STATE”. Giornale Degli Economisti e Annali Di Economia, 71(Anno 125)(2/3): 75–112:http://www.jstor.org/stable/43828055D. Dickinson. 1933. “Price Formation in a Socialist Community”. The Economic Journal, Volume 43, Issue 170, 1 June 1933: 237–250:https://academic.oup.com/ej/article-abstract/43/170/237/5267408?redirectedFrom=fulltextMarx, Karl. 1887. "Capital Volume I". marxists.org:https://www.marxists.org/archive/marx/works/download/pdf/Capital-Volume-I.pdfMarx. Karl. 1878. "Capital Volume II". marxists.org:https://www.marxists.org/archive/marx/works/1885-c2/index.htmFree online courses by David Harvey "Reading Marx's Capital":http://davidharvey.org/reading-capital/Other historical voices (selection):Schumpeter, Joseph A. Capitalism. 1976. Socialism and Democracy. London: Routledge. Full book:https://eet.pixel-online.org/files/etranslation/original/Schumpeter,%20Capitalism,%20Socialism%20and%20Democracy.pdfSocialist Calculation Debate 2.0Saros, Daniel E. 2014. Information Technology and Socialist Construction – The End of Capital and the Transition to Socialism. London: Routledge:https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and/Saros/p/book/9780415742924Cockshott, Paul and Allin Cottrell. 2000. Towards a new socialism. Nottingham: Russell Press. Full book:http://ricardo.ecn.wfu.edu/~cottrell/socialism_book/new_socialism.pdfPhillips, Leigh and Michal Rozworski. 2019. The People's Republic of Walmart. London: Verso:https://www.versobooks.com/books/2822-the-people-s-republic-of-walmartMorozov, Evgeny. 2019. "Digital Socialism?". New Left Review vol. 116/117:https://newleftreview.org/issues/II116/articles/evgeny-morozov-digital-socialismSpufford, Francis. 2010. Red Plenty. London: Faber and Faber. (novel):https://www.goodreads.com/book/show/6481280-red-plentyDyer-Witheford, Nick. 2013. "Red Plenty Platforms". Culture Machine vol. 14:https://culturemachine.net/wp-content/uploads/2019/05/511-1153-1-PB.pdfFuchs, Christina (Hg.). 2020. Communicative Socialism/Digital Socialism. tripleC: Communication, Capitalism & Critique 18 (1): 1-285:https://www.triple-c.at/index.php/tripleC/article/view/1149Phillips, Leigh and Michal Rozworski. 2019. "Yes, a Planned Economy Can Actually Work". Jacobin Magazine:https://www.jacobinmag.com/2019/03/economic-planning-walmart-democracy-socialismMalloy, Michael. 2019. "Economic Planning and Degrowth: How Socialism Survives the 21st Century". New Socialist:https://newsocialist.org.uk/economic-planning-and-degrowth/ additional shownotesWiki Ayn Rand:https://en.wikipedia.org/wiki/Ayn_RandCurtis, Adam. 2011. All watched over by machines of loving grace. London: BBC:https://www.dailymotion.com/video/x60xjdlWiki on "zero-knowledge proofs":https://en.wikipedia.org/wiki/Zero-knowledge_proofWilloughby, John. 2017. “Book Review: Information Technology and Socialist Construction: The End of Capital and the Transition to Socialism”. In Review of Radical Political Economics vol. 50(2): 427- 443:https://journals.sagepub.com/doi/pdf/10.1177/0486613416665833Redecker, v. Eva.  "Refiguring Revolution. A new Theory of Radical Change". Essay. Academia.edu (zuletzt abgerufen Dezember 2021):https://www.academia.edu/39903778/Refiguring_Revolution._A_Critical_Theory_of_Social_Transformation_introduction_and_content_table_transl._by_Lucy_Duggan_Hahnel, Robin und Michael Albert. 1991. The Political Economy of Participatory Economics. Princeton: Princeton University Press:https://press.princeton.edu/books/paperback/9780691003849/the-political-economy-of-participatory-economicsIf you like Future Histories, you can support the show on Patreon:https://www.patreon.com/join/FutureHistories?Write me via office@futurehistories.today and join the discussion on Twitter (#FutureHistories):https://twitter.com/FutureHpodcastor on Reddit https://www.reddit.com/r/FutureHistories/www.futurehistories.today Episode Keywords:#DanielSaros, #JanGroos, #Interview, #FutureHistories, #Podcast, #DigitalSocialism, #AbschaffungDesKapitalismus, #Kapital, #Kapitalismus, #SocialistCalculationDebate, #Planwirtschaft, #politischeÖkonomie, #pluraleÖkonomik, #Sozialismus, #Geldpolitik

Part 2 of the in depth interview with Daniel E Saros. While many are unsatisfied with capitalism and critique it in highly sophisticated ways, there are few concrete proposals for a socialist mode of production that could replace the capitalist one. Daniel E. Saros has developed such a proposal in his book "Information Technology and Socialist Construction – The End of Capital and the Transition to Socialism" which we discuss at length over the course of two episodes.ShownotesInformation on and works by Daniel E. SarosDaniel E. Saros at Valparaiso University:https://www.valpo.edu/economics/about/faculty-and-staff/daniel-e-saros/Saros, E. Daniel. 2014. Information Technology and Socialist Construction. The End of Capital and the Transition to Socialism. Oxfordshire: Routledge:https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and/Saros/p/book/9780415742924Saros, E. Daniel. 2019. "Information Technology and the Socialist Mode of Production: A Simulation of the Point Allocation System". Preprint. Annual Meeting of American Economic Association 2020 (zuletzt aufgerufen Dezember 2020):https://www.aeaweb.org/conference/2020/preliminary/paper/YhNBnTehSelected works:https://works.bepress.com/daniel-saros/ On the historical socialist calculation debateThe Austrians (selection)Mises, v. Ludwig. 1990. Economic Calculation in the Socialist Commonwealth. Auburn: Ludwig von Mises Institute. (full book):https://cdn.mises.org/Economic%20Calculation%20in%20the%20Socialist%20Commonwealth_Vol_2_3.pdfHayek, F. A. 2011. “The Use of Knowledge in Society”. Mises Daily Articles:https://mises.org/library/use-knowledge-societyHayek, F. A. 2005. "Economics and Knowledge". Mises Daily Articles:https://mises.org/library/economics-and-knowledgeHayek, F. A. 1963. Collectivist Economic Planning. London: Routledge:https://cdn.mises.org/Collectivist%20Economic%20Planning_2.pdfWiki on the Austrian School of Economics:https://en.wikipedia.org/wiki/Austrian_SchoolThe Socialists (selection):Lange, O. 1936. “On the Economic Theory of Socialism: Part One”. The Review of Economic Studies, 4(1): 53–71:https://www.jstor.org/preview-page/10.2307/2967660?seq=1Neurath O. 2005. “Economic Plan and Calculation in Kind”. In Otto Neurath Economic Writings Selections 1904–1945. Vienna Circle Collection, vol 23. Wiesbaden: Springer:https://link.springer.com/chapter/10.1007/1-4020-2274-3_14Barone, E. 2012. “THE MINISTRY OF PRODUCTION IN THE COLLECTIVIST STATE”. Giornale Degli Economisti e Annali Di Economia, 71(Anno 125)(2/3): 75–112:http://www.jstor.org/stable/43828055D. Dickinson. 1933. “Price Formation in a Socialist Community”. The Economic Journal, Volume 43, Issue 170, 1 June 1933: 237–250:https://academic.oup.com/ej/article-abstract/43/170/237/5267408?redirectedFrom=fulltextMarx, Karl. 1887. "Capital Volume I". marxists.org:https://www.marxists.org/archive/marx/works/download/pdf/Capital-Volume-I.pdfMarx. Karl. 1878. "Capital Volume II". marxists.org:https://www.marxists.org/archive/marx/works/1885-c2/index.htmFree online courses by David Harvey "Reading Marx's Capital":http://davidharvey.org/reading-capital/Other historical voices (selection):Schumpeter, Joseph A. Capitalism. 1976. Socialism and Democracy. London: Routledge. Full book:https://eet.pixel-online.org/files/etranslation/original/Schumpeter,%20Capitalism,%20Socialism%20and%20Democracy.pdfSocialist Calculation Debate 2.0Saros, Daniel E. 2014. Information Technology and Socialist Construction – The End of Capital and the Transition to Socialism. London: Routledge:https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and/Saros/p/book/9780415742924Cockshott, Paul and Allin Cottrell. 2000. Towards a new socialism. Nottingham: Russell Press. Full book:http://ricardo.ecn.wfu.edu/~cottrell/socialism_book/new_socialism.pdfPhillips, Leigh and Michal Rozworski. 2019. The People's Republic of Walmart. London: Verso:https://www.versobooks.com/books/2822-the-people-s-republic-of-walmartMorozov, Evgeny. 2019. "Digital Socialism?". New Left Review vol. 116/117:https://newleftreview.org/issues/II116/articles/evgeny-morozov-digital-socialismSpufford, Francis. 2010. Red Plenty. London: Faber and Faber. (novel):https://www.goodreads.com/book/show/6481280-red-plentyDyer-Witheford, Nick. 2013. "Red Plenty Platforms". Culture Machine vol. 14:https://culturemachine.net/wp-content/uploads/2019/05/511-1153-1-PB.pdfFuchs, Christina (Hg.). 2020. Communicative Socialism/Digital Socialism. tripleC: Communication, Capitalism & Critique 18 (1): 1-285:https://www.triple-c.at/index.php/tripleC/article/view/1149Phillips, Leigh and Michal Rozworski. 2019. "Yes, a Planned Economy Can Actually Work". Jacobin Magazine:https://www.jacobinmag.com/2019/03/economic-planning-walmart-democracy-socialismMalloy, Michael. 2019. "Economic Planning and Degrowth: How Socialism Survives the 21st Century". New Socialist:https://newsocialist.org.uk/economic-planning-and-degrowth/ additional shownotesWiki Ayn Rand:https://en.wikipedia.org/wiki/Ayn_RandCurtis, Adam. 2011. All watched over by machines of loving grace. London: BBC:https://www.dailymotion.com/video/x60xjdlWiki on "zero-knowledge proofs":https://en.wikipedia.org/wiki/Zero-knowledge_proofWilloughby, John. 2017. “Book Review: Information Technology and Socialist Construction: The End of Capital and the Transition to Socialism”. In Review of Radical Political Economics vol. 50(2): 427- 443:https://journals.sagepub.com/doi/pdf/10.1177/0486613416665833Redecker, v. Eva.  "Refiguring Revolution. A new Theory of Radical Change". Essay. Academia.edu (zuletzt abgerufen Dezember 2021):https://www.academia.edu/39903778/Refiguring_Revolution._A_Critical_Theory_of_Social_Transformation_introduction_and_content_table_transl._by_Lucy_Duggan_Hahnel, Robin und Michael Albert. 1991. The Political Economy of Participatory Economics. Princeton: Princeton University Press:https://press.princeton.edu/books/paperback/9780691003849/the-political-economy-of-participatory-economicsIf you like Future Histories, you can support the show on Patreon:https://www.patreon.com/join/FutureHistories?Write me via office@futurehistories.today and join the discussion on Twitter (#FutureHistories):https://twitter.com/FutureHpodcastor on Reddit https://www.reddit.com/r/FutureHistories/www.futurehistories.today Episode Keywords:#DanielSaros, #JanGroos, #Interview, #FutureHistories, #Podcast, #DigitalSocialism, #AbschaffungDesKapitalismus, #Kapital, #Kapitalismus, #SocialistCalculationDebate, #Planwirtschaft, #politischeÖkonomie, #pluraleÖkonomik, #Sozialismus, #Geldpolitik

Part 1 of the in depth interview with Daniel E Saros. While many are unsatisfied with capitalism and critique it in highly sophisticated ways, there are few concrete proposals for a socialist mode of production that could replace the capitalist one. Daniel E. Saros has developed such a proposal in his book "Information Technology and Socialist Construction – The End of Capital and the Transition to Socialism" which we discuss at length over the course of two episodes.ShownotesInformation on and works by Daniel E. SarosDaniel E. Saros at Valparaiso University:https://www.valpo.edu/economics/about/faculty-and-staff/daniel-e-saros/Saros, E. Daniel. 2014. Information Technology and Socialist Construction. The End of Capital and the Transition to Socialism. Oxfordshire: Routledge:https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and/Saros/p/book/9780415742924Saros, E. Daniel. 2019. "Information Technology and the Socialist Mode of Production: A Simulation of the Point Allocation System". Preprint. Annual Meeting of American Economic Association 2020 (zuletzt aufgerufen Dezember 2020):https://www.aeaweb.org/conference/2020/preliminary/paper/YhNBnTehSelected works:https://works.bepress.com/daniel-saros/ On the historical socialist calculation debateThe Austrians (selection)Mises, v. Ludwig. 1990. Economic Calculation in the Socialist Commonwealth. Auburn: Ludwig von Mises Institute. (full book):https://cdn.mises.org/Economic%20Calculation%20in%20the%20Socialist%20Commonwealth_Vol_2_3.pdfHayek, F. A. 2011. “The Use of Knowledge in Society”. Mises Daily Articles:https://mises.org/library/use-knowledge-societyHayek, F. A. 2005. "Economics and Knowledge". Mises Daily Articles:https://mises.org/library/economics-and-knowledgeHayek, F. A. 1963. Collectivist Economic Planning. London: Routledge:https://cdn.mises.org/Collectivist%20Economic%20Planning_2.pdfWiki on the Austrian School of Economics:https://en.wikipedia.org/wiki/Austrian_SchoolThe Socialists (selection):Lange, O. 1936. “On the Economic Theory of Socialism: Part One”. The Review of Economic Studies, 4(1): 53–71:https://www.jstor.org/preview-page/10.2307/2967660?seq=1Neurath O. 2005. “Economic Plan and Calculation in Kind”. In Otto Neurath Economic Writings Selections 1904–1945. Vienna Circle Collection, vol 23. Wiesbaden: Springer:https://link.springer.com/chapter/10.1007/1-4020-2274-3_14Barone, E. 2012. “THE MINISTRY OF PRODUCTION IN THE COLLECTIVIST STATE”. Giornale Degli Economisti e Annali Di Economia, 71(Anno 125)(2/3): 75–112:http://www.jstor.org/stable/43828055D. Dickinson. 1933. “Price Formation in a Socialist Community”. The Economic Journal, Volume 43, Issue 170, 1 June 1933: 237–250:https://academic.oup.com/ej/article-abstract/43/170/237/5267408?redirectedFrom=fulltextMarx, Karl. 1887. "Capital Volume I". marxists.org:https://www.marxists.org/archive/marx/works/download/pdf/Capital-Volume-I.pdfMarx. Karl. 1878. "Capital Volume II". marxists.org:https://www.marxists.org/archive/marx/works/1885-c2/index.htmFree online courses by David Harvey "Reading Marx's Capital":http://davidharvey.org/reading-capital/Other historical voices (selection):Schumpeter, Joseph A. Capitalism. 1976. Socialism and Democracy. London: Routledge. Full book:https://eet.pixel-online.org/files/etranslation/original/Schumpeter,%20Capitalism,%20Socialism%20and%20Democracy.pdfSocialist Calculation Debate 2.0Saros, Daniel E. 2014. Information Technology and Socialist Construction – The End of Capital and the Transition to Socialism. London: Routledge:https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and/Saros/p/book/9780415742924Cockshott, Paul and Allin Cottrell. 2000. Towards a new socialism. Nottingham: Russell Press. Full book:http://ricardo.ecn.wfu.edu/~cottrell/socialism_book/new_socialism.pdfPhillips, Leigh and Michal Rozworski. 2019. The People's Republic of Walmart. London: Verso:https://www.versobooks.com/books/2822-the-people-s-republic-of-walmartMorozov, Evgeny. 2019. "Digital Socialism?". New Left Review vol. 116/117:https://newleftreview.org/issues/II116/articles/evgeny-morozov-digital-socialismSpufford, Francis. 2010. Red Plenty. London: Faber and Faber. (novel):https://www.goodreads.com/book/show/6481280-red-plentyDyer-Witheford, Nick. 2013. "Red Plenty Platforms". Culture Machine vol. 14:https://culturemachine.net/wp-content/uploads/2019/05/511-1153-1-PB.pdfFuchs, Christina (Hg.). 2020. Communicative Socialism/Digital Socialism. tripleC: Communication, Capitalism & Critique 18 (1): 1-285:https://www.triple-c.at/index.php/tripleC/article/view/1149Phillips, Leigh and Michal Rozworski. 2019. "Yes, a Planned Economy Can Actually Work". Jacobin Magazine:https://www.jacobinmag.com/2019/03/economic-planning-walmart-democracy-socialismMalloy, Michael. 2019. "Economic Planning and Degrowth: How Socialism Survives the 21st Century". New Socialist:https://newsocialist.org.uk/economic-planning-and-degrowth/ additional shownotesWiki Ayn Rand:https://en.wikipedia.org/wiki/Ayn_RandCurtis, Adam. 2011. All watched over by machines of loving grace. London: BBC:https://www.dailymotion.com/video/x60xjdlWiki on "zero-knowledge proofs":https://en.wikipedia.org/wiki/Zero-knowledge_proofWilloughby, John. 2017. “Book Review: Information Technology and Socialist Construction: The End of Capital and the Transition to Socialism”. In Review of Radical Political Economics vol. 50(2): 427- 443:https://journals.sagepub.com/doi/pdf/10.1177/0486613416665833Redecker, v. Eva.  "Refiguring Revolution. A new Theory of Radical Change". Essay. Academia.edu (zuletzt abgerufen Dezember 2021):https://www.academia.edu/39903778/Refiguring_Revolution._A_Critical_Theory_of_Social_Transformation_introduction_and_content_table_transl._by_Lucy_Duggan_Hahnel, Robin und Michael Albert. 1991. The Political Economy of Participatory Economics. Princeton: Princeton University Press:https://press.princeton.edu/books/paperback/9780691003849/the-political-economy-of-participatory-economicsIf you like Future Histories, you can support the show on Patreon:https://www.patreon.com/join/FutureHistories?Write me via office@futurehistories.today and join the discussion on Twitter (#FutureHistories):https://twitter.com/FutureHpodcastor on Reddit https://www.reddit.com/r/FutureHistories/www.futurehistories.today Episode Keywords:#DanielSaros, #JanGroos, #Interview, #FutureHistories, #Podcast, #DigitalSocialism, #AbschaffungDesKapitalismus, #Kapital, #Kapitalismus, #SocialistCalculationDebate, #Planwirtschaft, #politischeÖkonomie, #pluraleÖkonomik, #Sozialismus, #Geldpolitik 

Part 1 of the in depth interview with Daniel E Saros. While many are unsatisfied with capitalism and critique it in highly sophisticated ways, there are few concrete proposals for a socialist mode of production that could replace the capitalist one. Daniel E. Saros has developed such a proposal in his book "Information Technology and Socialist Construction – The End of Capital and the Transition to Socialism" which we discuss at length over the course of two episodes.ShownotesInformation on and works by Daniel E. SarosDaniel E. Saros at Valparaiso University:https://www.valpo.edu/economics/about/faculty-and-staff/daniel-e-saros/Saros, E. Daniel. 2014. Information Technology and Socialist Construction. The End of Capital and the Transition to Socialism. Oxfordshire: Routledge:https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and/Saros/p/book/9780415742924Saros, E. Daniel. 2019. "Information Technology and the Socialist Mode of Production: A Simulation of the Point Allocation System". Preprint. Annual Meeting of American Economic Association 2020 (zuletzt aufgerufen Dezember 2020):https://www.aeaweb.org/conference/2020/preliminary/paper/YhNBnTehSelected works:https://works.bepress.com/daniel-saros/ On the historical socialist calculation debateThe Austrians (selection)Mises, v. Ludwig. 1990. Economic Calculation in the Socialist Commonwealth. Auburn: Ludwig von Mises Institute. (full book):https://cdn.mises.org/Economic%20Calculation%20in%20the%20Socialist%20Commonwealth_Vol_2_3.pdfHayek, F. A. 2011. “The Use of Knowledge in Society”. Mises Daily Articles:https://mises.org/library/use-knowledge-societyHayek, F. A. 2005. "Economics and Knowledge". Mises Daily Articles:https://mises.org/library/economics-and-knowledgeHayek, F. A. 1963. Collectivist Economic Planning. London: Routledge:https://cdn.mises.org/Collectivist%20Economic%20Planning_2.pdfWiki on the Austrian School of Economics:https://en.wikipedia.org/wiki/Austrian_SchoolThe Socialists (selection):Lange, O. 1936. “On the Economic Theory of Socialism: Part One”. The Review of Economic Studies, 4(1): 53–71:https://www.jstor.org/preview-page/10.2307/2967660?seq=1Neurath O. 2005. “Economic Plan and Calculation in Kind”. In Otto Neurath Economic Writings Selections 1904–1945. Vienna Circle Collection, vol 23. Wiesbaden: Springer:https://link.springer.com/chapter/10.1007/1-4020-2274-3_14Barone, E. 2012. “THE MINISTRY OF PRODUCTION IN THE COLLECTIVIST STATE”. Giornale Degli Economisti e Annali Di Economia, 71(Anno 125)(2/3): 75–112:http://www.jstor.org/stable/43828055D. Dickinson. 1933. “Price Formation in a Socialist Community”. The Economic Journal, Volume 43, Issue 170, 1 June 1933: 237–250:https://academic.oup.com/ej/article-abstract/43/170/237/5267408?redirectedFrom=fulltextMarx, Karl. 1887. "Capital Volume I". marxists.org:https://www.marxists.org/archive/marx/works/download/pdf/Capital-Volume-I.pdfMarx. Karl. 1878. "Capital Volume II". marxists.org:https://www.marxists.org/archive/marx/works/1885-c2/index.htmFree online courses by David Harvey "Reading Marx's Capital":http://davidharvey.org/reading-capital/Other historical voices (selection):Schumpeter, Joseph A. Capitalism. 1976. Socialism and Democracy. London: Routledge. Full book:https://eet.pixel-online.org/files/etranslation/original/Schumpeter,%20Capitalism,%20Socialism%20and%20Democracy.pdfSocialist Calculation Debate 2.0Saros, Daniel E. 2014. Information Technology and Socialist Construction – The End of Capital and the Transition to Socialism. London: Routledge:https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and/Saros/p/book/9780415742924Cockshott, Paul and Allin Cottrell. 2000. Towards a new socialism. Nottingham: Russell Press. Full book:http://ricardo.ecn.wfu.edu/~cottrell/socialism_book/new_socialism.pdfPhillips, Leigh and Michal Rozworski. 2019. The People's Republic of Walmart. London: Verso:https://www.versobooks.com/books/2822-the-people-s-republic-of-walmartMorozov, Evgeny. 2019. "Digital Socialism?". New Left Review vol. 116/117:https://newleftreview.org/issues/II116/articles/evgeny-morozov-digital-socialismSpufford, Francis. 2010. Red Plenty. London: Faber and Faber. (novel):https://www.goodreads.com/book/show/6481280-red-plentyDyer-Witheford, Nick. 2013. "Red Plenty Platforms". Culture Machine vol. 14:https://culturemachine.net/wp-content/uploads/2019/05/511-1153-1-PB.pdfFuchs, Christina (Hg.). 2020. Communicative Socialism/Digital Socialism. tripleC: Communication, Capitalism & Critique 18 (1): 1-285:https://www.triple-c.at/index.php/tripleC/article/view/1149Phillips, Leigh and Michal Rozworski. 2019. "Yes, a Planned Economy Can Actually Work". Jacobin Magazine:https://www.jacobinmag.com/2019/03/economic-planning-walmart-democracy-socialismMalloy, Michael. 2019. "Economic Planning and Degrowth: How Socialism Survives the 21st Century". New Socialist:https://newsocialist.org.uk/economic-planning-and-degrowth/ additional shownotesWiki Ayn Rand:https://en.wikipedia.org/wiki/Ayn_RandCurtis, Adam. 2011. All watched over by machines of loving grace. London: BBC:https://www.dailymotion.com/video/x60xjdlWiki on "zero-knowledge proofs":https://en.wikipedia.org/wiki/Zero-knowledge_proofWilloughby, John. 2017. “Book Review: Information Technology and Socialist Construction: The End of Capital and the Transition to Socialism”. In Review of Radical Political Economics vol. 50(2): 427- 443:https://journals.sagepub.com/doi/pdf/10.1177/0486613416665833Redecker, v. Eva.  "Refiguring Revolution. A new Theory of Radical Change". Essay. Academia.edu (zuletzt abgerufen Dezember 2021):https://www.academia.edu/39903778/Refiguring_Revolution._A_Critical_Theory_of_Social_Transformation_introduction_and_content_table_transl._by_Lucy_Duggan_Hahnel, Robin und Michael Albert. 1991. The Political Economy of Participatory Economics. Princeton: Princeton University Press:https://press.princeton.edu/books/paperback/9780691003849/the-political-economy-of-participatory-economicsIf you like Future Histories, you can support the show on Patreon:https://www.patreon.com/join/FutureHistories?Write me via office@futurehistories.today and join the discussion on Twitter (#FutureHistories):https://twitter.com/FutureHpodcastor on Reddit https://www.reddit.com/r/FutureHistories/www.futurehistories.today Episode Keywords:#DanielSaros, #JanGroos, #Interview, #FutureHistories, #Podcast, #DigitalSocialism, #AbschaffungDesKapitalismus, #Kapital, #Kapitalismus, #SocialistCalculationDebate, #Planwirtschaft, #politischeÖkonomie, #pluraleÖkonomik, #Sozialismus, #Geldpolitik 

De fleste gennemgange af økonomiens teorihistorie slutter med Keynes' død. Det gør vores også. Næsten. Vi tager også et temaafsnit om Chicago-økonomerne. Inden vi kommer så langt, vil jeg i dagens afsnit lave et lille eksperiment. Jeg vil komme med et meget kort overslag over nogle af de vigtige teoretiske udviklinger indenfor økonomi fra 1946 og frem til nu. Det er et eksperiment, fordi jeg udelukkende bruger min egen hukommelse med en forudsætning om, at jeg må have huske noget af det væsentligste. Der er sikkert meget, der er glemt, men i hvert fald kommer vi igennem as-if-economics, adfærdsøkonomi, eksperimenter, entreprenørens genfødsel og meget mere. Der er sikkert noget, som jeg har glemt, men så vil det med garanti blive dækket i næste sæson, hvor jeg og min nye medvært Otto Brøns vil tale om alle nobelprismodtagerne i rækkefølge. Glæd dig! Har du nogensinde tænkt over, hvad økonomi er for en videnskab? Hvordan opstod den, og hvem var dens grundlæggere? Eller har du interesseret dig for moderne diskussioner om samfundet, herunder ulighed, ressourceforbrug eller konkurrence? Hvis dette er tilfældet, er økonomiens teorihistorie vigtig og nyttig for dig. Den type af diskussioner er nemlig mindst lige så gammel som den økonomiske videnskab selv, og du vil i dens rødder også finde rødderne til de moderne argumenter. Til dagens afsnit har jeg læst:  Artinger, F., Petersen, M., Gigerenzer, G., & Weibler, J. (2015). Heuristics as Adaptive Decision Strategies in Management. Journal of Organizational Behavior, s. 33-52. Becker, G. S. (1993). The Economic Way of Looking at Behavior. Journal of Political Economy, s. 385-409. Boettke, P. (2017). Don't Be a "Jibbering Idiot": Economic Principles and the Properly Trained Economist. The Journal of Private Enterprise, s. 9-15. Bruni, L., & Sugden, R. (2007). The Road Not Taken: How Psychology Was Removed From Economics, and How It Might Be Brought Back. The Economic Journal, s. 146-173. Camerer, C. (1999). Behavioral Economics: Reunifying Psychology and Economics. Proceedings of the National Academy of Sciences of the USA, s. 10575-10577. Coase, R. (1937). The Nature of the Firm. Economica, s. 386-405. Conlisk, J. (1996). Why Bounded Rationality? Journal of Economic Literature, s. 669-700. De Martino, B., Kumaran, D., Seymour, B., & Dolan, R. J. (2006). Frames, Biases, and Rational Decision-Making in the Human Brain. Science, s. 684-687. Friedman, M. (1953). Essays in Positive Economics. Chicago: University of Chicago Press. Gul, F., & Pesendorfer, W. (2008). The Case for Mindless Economics. The Foundations of Positive and Normative Economics, s. 3-42. Hayek, F. A. (1948). Individualism and Economic Order. Chicago: University of Chicago Press. Kahneman, D., & Tversky, A. (1979). Prospect Theory: An Analysis of Decisions Under Risk. Econometrica, s. 263-291. Kirzner, I. M. (1973). Competition and Entrepreneurship. Chicago: The University of Chicago Press. Shane, S., & Venkataraman, S. (2000). The Promise of Entrepreneurship as a Field of Research. Academy of Management Review, s. 217-226. Smith, V. L. (2003). Constructivist and Ecological Rationality in Economics. The American Economic Review, s. 465-508. Todd, P. M., & Gigerenzer, G. (2007). Environments That Makes Us Smart: Ecological Rationality. Current Directions in Psychological Science, s. 167-171. Williamson, O. (1996). Economics and Organization: A Primer. California Management Review, s. 131-146. I like to dedicate this season to my teachers Ole Bruus and Bruce Caldwell. All mistakes and mispronunciations are mine alone and no fault of theirs.

Austerity may be defined as a large fiscal contraction that causes a substantial increase in unemployment. If the government has a budget deficit that is unsustainable, or a debt level that is too high, it is sometimes suggested that austerity is inevitable. For an economy with a flexible exchange rate and debt in its own currency, which includes the Eurozone as a whole, this is simply false. Fiscal contraction can always be delayed until monetary policy can offset the deflationary impact of any fiscal contraction. Unfortunately this is not true for a member of a currency union that requires a greater fiscal contraction than the union as a whole. Even in this case, however, a sharp and deep fiscal contraction will be an inefficient waste of resources. As the macroeconomic theory behind these propositions is simple and widely accepted, the interesting question about the current global austerity is why it has happened. Simon Wren-Lewis is currently Professor of Economic Policy at the Blavatnik School of Government at Oxford University, having previously been a professor in the Economic Department at Oxford. He is also an Emeritus Fellow of Merton College. He began his career as an economist in H.M.Treasury, and then moved to the National Institute of Economic and Social Research, where he ended up as Head of Macroeconomic Research. In 1990 he became a professor at Strathclyde University, and from 1995 to 2006 he was a professor at Exeter University. He has published papers on macroeconomics in a wide range of academic journals including the Economic Journal, European Economic Review, and American Economic Review. Since becoming an academic he has advised H.M.Treasury, the Bank of England and the Office for Budget Responsibility. In September 2015 he was appointed to the British Labour Party's Economic Advisory Committee. He writes on economic policy issues in various publications and at his blog: mainlymacro.blogspot.com. Academic work has often had a strong policy focus. In 1989 he published, with colleagues at the National Institute, a study suggesting that an entry rate of 1.95 DM/£ into the ERM was too high, which at the time was a minority view. In 2002 he wrote one of the background papers for the Treasury's 2003 assessment of its five economic tests for joining EMU. He was also the principal external advisor to the Bank of England on the development of its core macroeconomic models. A long time advocate of Fiscal Councils, his 2007 proposal was influential in the formation of the UK‘s Office of Budget Responsibility. Since starting his blog at the end of 2011, he has written extensively about macroeconomic policy in the UK and the Eurozone.