Monthly Archives: March 2015

Gregory Mankiw: “The ‪‎economy‬ is complex, and economic science is still a primitive body of ‪knowledge‬.”

Professor Gregory Mankiw (Chair of Economics Department, ‪Harvard‬ University) on economics. From the horse’s mouth: “The ‪‎economy‬ is complex, and economic science is still a primitive body of ‪‎knowledge‬.” Taken from here Advertisements

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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

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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

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Ben Bernanke on economics: an insight.

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

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Globalised Minds, Roots in the City: Urban Upper-middle Classes in Europe

Globalised Minds, Roots in the City: Urban Upper-middle Classes in Europe explores the role of urban upper middle classes in the transformations experienced by contemporary European post-national societies. Its findings may surprise and intrigue. Basing on approaches from classic urban sociology, … Continue reading

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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

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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. (By the way, who are those THEY?…) *** Join the Economic Sociology and Political Economy community through Facebook / Twitter / LinkedIn / Google+ / Reddit / Tumblr

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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

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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.”

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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

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