Monthly Archives: October 2017

BITS & BRIEFS: Conspicuous consumption is over // Public Intellectuals vs. Thought Leaders // Killing neoliberalism // Frankfurt School // School vouchers’ effects

This time — especially worth reading (and sharing) articles: > Conspicuous Consumption is over; Cultural Capital replaced it as a signifier of socio-economic status — by Elizabeth Currid-Halkett > Public Intellectuals vs. “Thought Leaders”: the former challenge the oligarchy, the latter flatter … Continue reading

Posted in BITS & BRIEFS | 1 Comment

Neil Smelser: “Economic sociology, intellectually, is one of the strongest fields in sociology”

A brilliant and influential sociologist Neil Smelser passed away on Monday at the age of 87, leaving behind an extraordinary intellectual legacy. Among many contributions during his prolific academic career, unparalleled in its diversity and breadth (in social change, social movements, sociology … Continue reading

Posted in Books, Oleg Komlik | Tagged , | 1 Comment

The Art of Central Banking (3) — No working theory of inflation and economists’ instinctual attachment to concepts

Daniel K. Tarullo, a former member of the Board of Governors of the United States Federal Reserve, draws two sharp and sound, yet unsurprising, conclusions from his eight-year (2009-2017) service:  “The substantive point is that we do not, at present, have a … Continue reading

Posted in Economists quotes on economics | Tagged , , , | 2 Comments

The economy derives its meaning only from its uneconomic purpose

A German-Swiss philosopher Karl Jaspers: “We must realize that neither the economy nor any of its forms are absolutes. The economy is not the standard for all that we are and can be. It is indispensable – as water is to … Continue reading

Posted in Books | Tagged , , | 3 Comments