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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: June 2016
Growth fetish and taking nature out of economics
“Anglo-American economists (after about 1880) took nature out of economics. The growth fetish, while on balance quite useful in a world of empty land, shoals of undisturbed fish, vast forests, and a robust ozone shield, helped create a more crowded … Continue reading
BITS & BRIEFS: Sociology of Gold // Labor and “Sharing Economy” // Commodification of Higher Education // Suburban Capitalism
Sociology of Gold: A poor form of money and conspicuous consumption. An instructive video (11 mins) featuring Prof. Nigel Dodd Restructuring of Labor: “Sharing Economy” makes it harder than ever to untangle capitalism from our daily lives – by Prof. Ursula Huws The Commodification … Continue reading
Posted in BITS & BRIEFS
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Genealogy of Capitalism and Sacred Economics in Victorian Britain
“Labour is Life: from the inmost heart of the Worker rises his god-given Force, the sacred celestial Life-essence breathed into him by Almighty God…” … Continue reading
Posted in Books
Tagged anthropology, culture, capitalism, economics, ethics, Political economy, religion, sociology of knowledge, United Kingdom
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Economist the Creator
A (too realistic) joke goes like this: A surgeon, an architect and an economist discussed whose job would be the oldest. The surgeon said it would be his job, because Eve was made of a rib from Adam. That was … Continue reading
The European corporate elite on trial: the foundation of the Eurozone and the navigation of its crisis
“Europe’s industrial bosses oscillate between fear, anger and disbelief…. Company bosses long to yell “You’re fired!” at any number of European politicians… But a majority of Europe’s businesspeople definitely wants politicians to do more to hold the euro zone together.” (The … Continue reading
Posted in Papers
Tagged corporations, elites, European integration, European Union, Eurozone crisis, fiscal policy, interest groups, monetary policy, power
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BITS & BRIEFS: Surveillance consumerism // Privatization of hope // FDR, public spending and money creation // I think therefore I am
I think today’s collection of Bits & Briefs is really worth reading. I call it “Surveillance consumerism”: What do consumers want? Learn their lives through their selfies and make them pay The Privatization of Hope: the rejection of even a … Continue reading
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Statisticism: the erroneous notion that computing is doing research
Notes on Social Measurement: Historical and Critical is a major and insightful book by a distinguished American sociologist Otis Dudley Duncan (1921-2004) published in 1984. Duncan has introduced many statistical techniques to sociology, and studied mainly intergenerational occupational mobility. In a paper “Otis Dudley Duncan, quantitative sociologist … Continue reading
Posted in Books
Tagged methodology, social sciences, sociology, sociology of knowledge, statistics
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Why is there no labor party in the United States? Look at Canada to find out
In 1906, a German distinguished (somewhat neglected) economist and sociologist Werner Sombart published Why is there no Socialism in the United States? – a book which will become a famous work on American exceptionalism to this day (along with a pioneering and penetrative Democracy in America, by Alexis de … Continue reading
