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A fresh #NobelPrize winner Paul Romer: "For more than three decades, #macroeconomics has gone backwards", "Mathiness lets [economics’] academic politics masquerade as science". Read and share Romer's astute reflections on the state of #economics profession. https://economicsociology.org/2018/10/08/nobel-winner-paul-romer-economists-use-math-to-mislead/James March, a distinguished social scientist and great master of #management studies, organisational and institutional #theory, has passed away. But only a few know that beside his tremendous academic career, March was also an accomplished poet. Poetry, he wrote, "is an exploration of ambivalence and paradox, of the possibility of feeling simultaneous sentiments that seem contradictory, of living in multiple worlds and experiencing multiple feelings, and of recognizing the role of ugliness in the creation of beauty.” R.I.P. https://economicsociology.org/2018/09/28/r-i-p-james-march-success/ #sociology #socialscience #strategyTags
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Recent Posts
- Nobel winner Paul Romer on the backwardness of economics and economists’ misleading use of math
- R.I.P. James March — “Success”
- Central Banks, Technocratic Power, and the Fear of Democracy
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Monthly Archives: November 2015
Capitalism precedes Existence
Capitalism precedes Existence. I pay before I am. How would you title this picture of reality? *** Join the Economic Sociology and Political Economy community through Facebook / Twitter / LinkedIn / Google+ / Reddit / Tumblr Advertisements
BITS & BRIEFS: The myth of philanthropy // Global expellers by Saskia Sassen // Welfare encourages work // Hedge funds vs. student debt
Shattering the myth of philanthropy: the wealthiest donate 1.3% of their income to charity, while the poorest 3.2% Saskia Sassen on Global expellers: Urban takeover by corporations has deep impacts for equity, democracy & rights Economists tested 9 welfare programs to … Continue reading
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BITS & BRIEFS: Regulatory Capture // “Sharing economy” as exploitation // Development Economics in Developing Countries // Bring Antitrust Bac
– Revolving door & Regulatory Capture: a common political problem that Economists can’t explain – New modes of exploitation: “Sharing economy”, crowdsourcing and collaboration as deskilling – How is Development Economics taught in Developing Countries? Analysis of 225 courses in … Continue reading
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Class struggle — Karl Marx would be proud of this guy
On a whiteboard at the college entrance “Tell us what class are you struggling with and why? The Bourgeoise b/c they control the modes of production” 😉 Although it should be “means of production”, I think this person has already … Continue reading
BITS & BRIEFS: Slavery & Capitalism // Lobbyists’ lies // Austerity increases suicides // Court and Debt Buyers
– The histories of Slavery & of Capitalism look very different if we see them IN RELATION to each other, by Sven Beckert – All people are created equal; those who do Lobbying are more than equal. Lobbyists’ lies, by … Continue reading
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BITS & BRIEFS: Mathiness // Lottery taxes the poor // Surveillance Capitalism // Banks forgot the 2008 crash
– Mathiness: the use of mathematics by economists to persuade or mislead rather than to clarify — by Paul Romer – State lottery actually taxes the poor and unemployed; 1% rise in joblessness leads to 10% jump in ticket sales … Continue reading
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BITS & BRIEFS: China and global capitalism // Credit score & dating // Class Actions vs. Individual Prosecutions // Religion & economy
Today we are launching a new section – BITS & BRIEFS: 4 links to interesting (short) posts and articles dealing with various issues in Economic Sociology and Political Economy. David Harvey: What “has kept global capitalism alive over the last … Continue reading
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