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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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Category Archives: Video
Market Sentiment and the Ingenuity of the Markets
In a brilliant sketch by John Bird and John Fortune, aired during The South Bank Show on 14 October 2007, these British satirists trace the very workings of financial markets and the outbreak of the subprime crisis. Tragicomedy at its best…! *** Join Economic Sociology … Continue reading
Princes of the Yen and the Japanese Shock Doctrine
“It is better for the Bank of Japan not to attract attention and remain as quit as the forest in a rural shrine.” – Hisato Ichimada, the 18th Governor of the Bank of Japan, 1946-1954 (Werner 2003: 70) “Thanks to this … Continue reading
“Aftermath of a Crisis”: Manuel Castells and his colleagues tackling the crisis and its consequences
“In this crisis, some people are trying to go back and other people are trying to discover what the future could be. What doesn’t work anymore is the present, for anyone. That’s why it’s Aftermath Time.” – Manuel Castells Shortly after … Continue reading
Posted in Video
Tagged capitalism, Economic Sociology, financial crisis, neoliberalism, state
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You, George Soros and Zizek’s “Cultural Capitalism”: We all BUY our redemption from being only consumerists
In this 10 minute discerning and animated talk, the audio in which is complemented by a visually stunning cartoon, a philosopher Slavoj Zizek discusses how ethics and charity have been co-opted by capitalism, and why this is problematic and amoral. … Continue reading
Posted in Video
Tagged capitalism, consumerism, consumption, ethics, globalization, neoliberalism, Oscar Wilde, philanthropy
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Tax breaks for corporations, low-paying jobs and higher taxes for you: a sketch from “Roseanne”
A classic pungent scene from the 1990’s sitcom Roseanne (1 min 40 sec)
Jerry Seinfeld on consumerism, advertising and culture of consumption :-)
Jerry Seinfeld: “I love advertising because I love lying… I think spending your life trying to dupe innocent people out of hard-won earnings to buy useless, low-quality, misrepresented items and services is an excellent use of your energy.” (4 min … Continue reading
What Class is all about? How do Neoliberalism and Finance Capitalism work?
In this concise and instructive animated presentation (12 min), an economist Richard D. Wolff (University of Massachusetts, Amherst) tackles these questions and applies them to the 2007-8 “subprime crisis”. *** Join Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Google+ / Instagram / Tumblr / Reddit / Telegram
A documentary “The Price of the World Cup” shows Brazil you won’t see on your TV
The city of Fortaleza that will host six world cup games is the fifth most unequal city in the world. 3 million inhabitants live in Fortaleza, most of them on a bare minimum. 110 million euros were invested in the … Continue reading
Piketty, Krugman & Stiglitz talk about Piketty’s ”Capital in the 21st Century”
I always say that economists’ duty for the wealthy is not ingrained in the genetic code of their profession. In general, I would say, these scholars embody this argument.
Posted in Video
Tagged capital, economics, inequality, Joseph Stiglitz, Paul Krugman, Thomas Pikkety
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“Inequality for All” – a documentary featuring Professor Robert Reich
Economic inequality affects every one of us. “Inequality for All” is a passionate argument on behalf of the poors and middle class in which Robert Reich- a political economist and Secretary of Labor under Bill Clinton lucidly demonstrates how the … Continue reading
