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"got banned from the #library for moving all the #books on trickle down #economics to the #mythology section" https://economicsociology.org/2019/09/20/neoliberalism-a-critical-reader/ #neoliberalismThe definition of Political Economy — as a scholarly discipline, a research topic, a sphere of society, or the realm of polity — has gone through many incarnations over the years. A new interesting and instructive paper by Renate Mayntz proficiently addresses the disputed aspects, changing facets and some conventions of #politicaleconomy, and then shows how they are expressed in #research. >> As the new academic year begins, I would like to use this opportunity to Thank You for being here. Invite your colleagues, students & friends to join our common cause https://economicsociology.org/2019/09/14/political-economy-origins-meanings-changes/ #economicsociology #economics #economichistory #sociology #capitalismTags
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Tag Archives: forecasting
Market Forecasting: A Sensitive Practice at the Heart of Neoliberal Capitalism
by Stefan Leins* Since the emergence of modern financial markets, financial analysts have played a critical role in producing visions of “the economy” and its future development. As experts, they analyze market developments and predict future scenarios that enable other financial … Continue reading
Fictionalizing the Economy and Reviewing Imagined Futures of Capitalism
by Lars Crusefalk* In the book Imagined Futures – Fictional Expectations and Capitalist Dynamics, a leading economic sociologist Jens Beckert argues that social scientists need to put more emphasis on how actors in modern capitalistic societies handle uncertainty in relation to … Continue reading
Posted in Books, Community members posts
Tagged capitalism, consumption, credit, expectations, forecasting, imagination, innovations, money, uncertainty
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Economic fortune telling: forecasting to profit
“The only function of economic forecasting is to make astrology look respectable”, famously remarked John Kenneth Galbraith. “Professional” fortune tellers and clairvoyant have accompanied mankind, receiving great respect, throughout the ages. Therefore, one can say, it was only a matter … Continue reading
Ben Bernanke on economics and economic forecasting
In his remarks at Princeton University Baccalaureate Ceremony in June 2013, several months before he left office, the former chairman of the Federal Reserve and an eminent economist Ben Bernanke released into the world this frank insight: “Economics is a highly … Continue reading
