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“What do border guards and central bankers have in common? Both operate, on a day-to-day basis, in political spaces exempt from many of the norms of liberal democratic politics and yet have the power to define and constrain them." Jacqueline Best presents thought-provoking discussion and arguments on the #power of technocratic exceptionalism https://economicsociology.org/2018/09/12/central-banks-technocratic-power-and-the-fear-of-democracy/ #politicaleconomy #Foucault #centralbank #neoliberalism #economicsB&B: Herbert #Marcuse // The Adjunct Crisis // Against #Capitalist Orthodoxy // #Gender and #finance // History of #taxing the #rich // (Im)mobility in the rural America // Inventing #Thanksgiving This time, especially worth reading and sharing articles: https://economicsociology.org/2018/09/07/bb-herbert-marcuse-the-adjunct-crisis-against-capitalist-orthodoxy-gender-and-finance-history-of-taxing-the-rich-immobility-in-the-rural-america-inventing-thanksgiving/ #economicsociologyTags
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Tag Archives: John Maynard Keynes
What is Economics? Read Keynes’ definition
In July 1938, an English economist Roy Harrod sent John Maynard Keynes his lecture “Scope and Method of Economics” which he intended to deliver as a Presidential Address at one of the sections of the British Association. In his reply, after … Continue reading
Who is an economist? Here is Keynes’ answer
In 1924 John Maynard Keynes wrote an obituary essay for a prominent economist Alfred Marshall, one of the founders of the English neoclassical economics and Keynes’ former tutor and academic patron. In this fascinating piece of work Keynes astoundingly mulls over Marshall’s scholarship and intellectual life. Joseph Schumpeter, in his eulogy of … Continue reading
Posted in Papers
Tagged academia, economic history, economics, John Maynard Keynes, social sciences
7 Comments
Hyman Minsky: “Today’s narrowly focused financiers do not conform to Schumpeter’s vision of bankers as the ephors of capitalism…”
Hyman Minsky: “Today’s narrowly focused financiers do not conform to Schumpeter’s vision of bankers as the ephors of capitalism who assure that finance serves progress. Today’s financial structure is more akin to Keynes’ characterisation of the financial arrangements of advanced … Continue reading
Posted in Books
Tagged banking, capitalism, finance, Hyman Minsky, John Maynard Keynes, Joseph Schumpeter
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