Category Archives: BITS & BRIEFS

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

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BITS & BRIEFS: Globalization Revisited // Vulnerability of finance as economic pathology // Engels rebuts Malthus // Varieties of currency

“Globalization Revisited” is the theme of the new Economic Sociology European Newsletter, edited by Sascha Münnich  The structural vulnerability of financial systems is a distinct form of economic pathology – by Onur Ozgöde “Here we have the immorality of the economist … Continue reading

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BITS & BRIEFS: Distorted antitrust regulations // Separating race from class in US // Prosumer capitalism and McUniversity // Effects of restructured corporations

Chicago School’s intellectual revolution and the derived policies changed the original goals of antitrust and anti-monopoly regulations  Dividing Working Class: How Liberals and Conservatives separated race from class from the Cold War to Clinton era  George Ritzer on Prosumption, prosumer capitalism, … Continue reading

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BITS & BRIEFS: Political Economy of Nazism // Post-New Left // Yanis Varoufakis on China // The Making of Digital Kenya

The Supermanagerial Reich: Political Economy of Nazi Germany and its striking, surprising parallels with Neoliberalism – an excellent article by Ajay Singh Chaudhary and Raphaële Chappe The Universal and the Particular: Chomsky, Foucault, and Post-New Left political discourse – by Derek Ide The Economy of … Continue reading

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BITS & BRIEFS: Economics is a pseudoscience // Education, not privatization // “History is the graveyard of elites” // Inequality is a business matter

This time — especially worth reading (and sharing) articles: By fetishizing mathematical models, economists turned economics into a highly paid pseudoscience — by Prof. Alan Jay Levinovitz  The privatization of public schools is profitable, but it divides communities and erodes the … Continue reading

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BITS & BRIEFS: Privatization increases inequality // Class mobility in Iran // Sacred cow or car? // Sociology of consumption and culture

Privatization increases inequality: fees go up, wages go down, and social exclusion widens – a new study found Political economy, class mobility and status aspiration in contemporary Iran — by Dr. Zuzanna Olszewska  Sacred cow or sacred car? Dr. Vandana Shiva … Continue reading

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BITS & BRIEFS: Nancy Fraser on a crisis of care // Thomas Piketty on Anthony Atkinson // Politics of divination and neoliberalism // From Karl Marx to basic income

Nancy Fraser: “The financialized form of capitalism is systematically consuming our capacities to sustain social bonds… The result is a “crisis of care” Thomas Piketty on the passing of Anthony B. Atkinson: a great professional portray and a personal perspective  … Continue reading

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BITS & BRIEFS: Historical perspectives on modern finance // Social Insurance isn’t Socialism // Blocking Class Action lawsuits by Wall Street // Failure of equal employment laws in Japan

Financiers of Victorian England would marvel at our nativity about markets and economics – by Prof. Andrew Odlyzk Conservative origins of Social Insurance, and why due to Hayek it became confused with Socialism – by Prof. Elizabeth Anderson Blocking of … Continue reading

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BITS & BRIEFS: Politics of Nobel Prize // Privilege of leisure // Future of money-like things // Corporate Social Science

Legitimizing “Free Market” and rejecting Social Democracy: Prof. Avner Offer on the origins, power and politics of Nobel Prize in economic sciences How would society change if the aristocratic privilege of leisure becomes the birthright of all? What if jobs are … Continue reading

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BITS & BRIEFS: Economists sell their prestige // Political Economy of Health Care // Economic forces in policing // Economic Anthropology

Economists sell their academic prestige to justify corporate concentration and capital accumulation — by Jesse Eisinger and Justin Elliott “The question of ‘Who decides?’ in health care has to be followed by ‘About what?’”; On Economics and Political Economy of Health Care, as … Continue reading

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