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In 1951 John Kenneth Galbraith wrote Milton Friedman to thank him for giving a lecture at #Harvard #economics department. This very short letter is not only a typical example for #Galbraith’s eloquence and sardonic phrasing, but underlines his ability to combine conceptual open-mindedness with a sincere standpoint of his own. Read, and more: https://economicsociology.org/2018/11/23/galbraith-vs-friedman-the-emancipation-of-belief-is-the-most-formidable-of-the-tasks-of-reform-the-one-on-which-all-else-depends/B&B: Tech companies love #dogs not unions // How US #conservative #elite persists // Male-dominated central banks // #India’s #demonetisation // The making of Tourist #Capitalism See the articles: https://economicsociology.org/2018/11/15/bb-tech-companies-love-dogs-not-unions-how-us-conservative-elite-persists-male-dominated-central-banks-indias-demonetisation-the-making-of-tourist-capitalism/Tags
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Recent Posts
- Great academic opportunities: 11 calls for papers, 4 jobs, 2 postdocs, visiting grant, PhD stipend, summer school
- Galbraith vs. Friedman — “The emancipation of belief is the most formidable of the tasks of reform, the one on which all else depends”
- B&B: Tech companies love dogs not unions // How US conservative elite persists // Male-dominated central banks // India’s demonetisation // The making of Tourist Capitalism
- Elite Men and Inequality in the Hedge Fund Industry
- Great academic opportunities: 10 calls for papers, 4 jobs, 3 postdoc and visiting positions, 2 PhD stipends
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ES/PE on Social Media
Category Archives: Art
R.I.P. James March — “Success”
James G. March — a distinguished social scientist, great master of organisational and institutional theory, inspiring and towering intellectual, wonderful man, has passed away. His voluminous, cross-generational, multi-topical, interdisciplinary, exceptionally influential scholarship does not need presentation — which is certainly the best … Continue reading
The Melodramatic Side of Political Economy
Miss Prism: “Cecily, you will read your Political Economy in my absence. The chapter on the fall of the Rupee you may omit. It is somewhat too sensational. Even these metallic problems have their melodramatic side.” Cecily [Picks up books and throws … Continue reading
Galore
Galore Money fills our body to the brim, creates our shape, our taste, the so-called self-esteem. The shiny teeth earmark our polished fame, the slickness crystallized since money rinsed our shame into a sewer of repressed self-blame. … Continue reading
The Goose and the Common — The Privatization of Public Space
“The [following 18th century folk] poem is one of the pithiest condemnations of the English enclosure movement, the process of fencing off common land and turning it into private property. In a few lines, the poem manages to criticize double standards, … Continue reading
The Hardship of Accounting
Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent. — “The Hardship of Accounting“ by Robert Frost, A Further Range, 1936 *** … Continue reading
What is’t to us if taxes rise or fall? Thanks to our fortune, we pay none at all
The 18th-century English poet and satirist Charles Churchill wrote the following witty and sharp words, jeering and criticizing the aristocracy and the establishment of his time. The cit, a common-councilman by place, Ten thousand mighty nothings in his face, By situation … Continue reading
Posted in Art, Oleg Komlik
Tagged elite, Political economy, politics, social movements
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Yes We Got Money
That money talks, I’ll not deny, I heard it once: It said, ‘Goodbye’. (Richard Armour) “Yes We Got Money” by Klaus Langer *** Join the Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Google+ / Instagram / Tumblr
Market Bubbles: Finance, Art, and the Golden Calf
Two overwhelming events occurred on September 15 and 16, 2008. The first is known to all, the second – to few — but a thread passes between them, showing the fabric of the current socio-economic and cultural system. On September 15 Lehman … Continue reading
Posted in Art, Books, Oleg Komlik
Tagged Art, conspicuous consumption, financial crisis, financialization, markets
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BITS & BRIEFS: Policies and perceived job security // Rubinstein, Rodrik and sociology of economics // Keynes’ oddest work // What have we learned after the crisis?
Unemployment assistance or dismissal protection? How do policies shape workers’ perceptions of job security? Interesting findings from 23 countries by Lena Hipp Ariel Rubinstein elegantly reviews Dani Rodrik’s superb book Economics Rules, adding his own insights on sociology of economics profession, … Continue reading
Posted in Art, BITS & BRIEFS
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The Waste of the Progress
The Waste of the Progress While shelf life gets shorter and fashions rotate, Consumption is a skipping rope to leap over a payroll date. Acquire your duds, use and throw them away… The Progress rolls down a slope anyway. … Continue reading
