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Monthly Archives: March 2015
Gregory Mankiw: “Economic science is still a primitive body of knowledge.”
From the horse’s mouth: Professor Gregory Mankiw (Chair of Economics Department, Harvard University) on economics: “The economy is complex, and economic science is still a primitive body of knowledge.” From his op-ed in New York Times, March 22, 2014 *** Join the … Continue reading
The “responsible”, the “irresponsible” and the Political Economy of the Sovereign Debt Crisis
There are “irresponsible” countries (Greece, Ireland, Italy, Portugal and Spain) which caused the current crisis; and there are “responsible” governments (Germany), which for some reason are asked to repay others’ debts and have the right to refuse to bail “irresponsibles” out and to insist the … Continue reading
Posted in Papers
Tagged austerity, debt, democracy, devaluation, European Union, Germany, Greece, policy, politics, state
2 Comments
Gender Inequality in the Labour Market in the UK
While women’s engagement and outcomes in the labour market have progressed, the work they do and the remuneration they receive does not reflect personal qualifications relative to men. Why? Gender Inequality in the Labour Market in the UK provides an extensive … Continue reading
Posted in Books
Tagged education, gender, household, inequality, labor, United Kingdom
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Ben Bernanke on economics and economic forecasting
In his remarks at Princeton University Baccalaureate Ceremony in June 2013, several months before he left office, the former chairman of the Federal Reserve and an eminent economist Ben Bernanke released into the world this frank insight: “Economics is a highly … Continue reading
Globalised Minds, Roots in the City: Urban Upper-Middle Classes in Europe
A new interesting book Globalised Minds, Roots in the City: Urban Upper-middle Classes in Europe explores and reveals the role of urban upper-middle classes in the transformations experienced by contemporary European post-national societies. The findings of this research may surprise and intrigue. … Continue reading
Posted in Books
Tagged Europe, globalization, glocalization, Middle class, urban sociology
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“Falsified statistics”, membership celebration, thanks and an important reminder
“The only statistics you can trust are those you falsified yourself” famously said Winston Churchill. I am glad to share with you today that according to our statistics the global academic community of Economic Sociology and Political Economy reached 30,000 members … Continue reading
The whole human knowledge is within your reach! The only two books you ever have to read :-)
What they do, and what they do not, teach you at Harvard Business School… 😏 *** Join Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Instagram / Tumblr / Reddit / Telegram
Causes of poverty: perceptions, ideas and policy making
The former chairman of the Federal Reserve Ben Bernanke recently said the “the greatest forces in Washington are ideas, and people prepared to act on those ideas.” (2013: 5). The following research demonstrates this power of ideas. Much of the research explaining … Continue reading
Posted in Papers
Tagged ideas, inequality, neoliberalism, policy, politics, poverty, United States
1 Comment
If wealth was the inevitable result of hard work and enterprise, every woman in Africa would be a millionaire
“If wealth was the inevitable result of hard work and enterprise, every woman in Africa would be a millionaire.” – George Monbiot (a British writer and activist), from “The 1% are the very best destroyers of wealth the world has ever seen.”
What is academic freedom?
“The most important aspect of freedom of speech is freedom to learn. All education is a continuous dialogue — questions and answers that pursue every problem on the horizon. That is the essence of academic freedom, of all scientific inquiry.“ … Continue reading
Posted in Oleg Komlik
Tagged academia, academic freedom, law, social sciences, United States
4 Comments
Who is an economist? Here is Keynes’ answer
In 1924 John Maynard Keynes wrote an obituary essay for a prominent economist Alfred Marshall, one of the founders of the English neoclassical economics and Keynes’ former tutor and academic patron. In this fascinating piece of work Keynes astoundingly mulls over Marshall’s scholarship and intellectual life. Joseph Schumpeter, in his eulogy of … Continue reading
Posted in Papers
Tagged academia, economic history, economics, John Maynard Keynes, social sciences
8 Comments
