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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: knowledge
Folk economics, economic sociology, and Trump’s campaign
“When did we beat Japan at anything? They send their cars over by the millions, and what do we do? When was the last time you saw a Chevrolet in Tokyo? It doesn’t exist, folks. They beat us all the … Continue reading
Posted in Papers
Tagged Economic Sociology, economics, knowledge, politics, sociology of knowledge
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On the wandering and exilic being of knowledge seeker
An eminent Saxon scholastic theologian Hugh of Saint-Victor (1096 – 1141) noted in his monumental encyclopedic treatise Didascalion: “All the world is a foreign soil to those who philosophize… It is, therefore, a great source of virtue for the practiced mind to learn, bit by bit, … Continue reading
Orthodoxy
“The principal enemy is orthodoxy: to use the same recipe, administer the same therapy, to resolve the most various types of problems; never to admit complexity and try to reduce it as much as possible, while ignoring that things are … Continue reading
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
Economic culture in the public sphere: practice, knowledge and discourse
“Economic Culture in the Public Sphere” is the topic of the European Journal of Sociology special issue, edited by Nina Bandelj, Lyn Spillman & Frederick F. Wherry. This very interesting collection of articles deals with the important question of how public understandings … Continue reading
Posted in Papers
Tagged Culture, diffusion, Economic Sociology, economics, ideas, institutional change, institutions, knowledge, policy
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When public good exchanged to private gain: neoliberalism, higher education and social inequality
Public higher education has a long history, and with its growth it is associated with the extension of a social right to education from secondary schooling to university studies. Following the rise in student numbers since the 1970s, the aspiration … Continue reading
Posted in Papers
Tagged education, higher education, inequality, knowledge, neoliberalism, policy, United Kingdom
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Why and when do governments appoint economists and economics-trained politicians?
Should policymakers – politicians and high-level state officials – be experts in their fields? Does professional competence effect public policies at all? And does it prove itself? These, undoubtedly, important issues to be discussed and researched. But in order to … Continue reading
Posted in Papers
Tagged central banking, crisis, economics, European Union, knowledge, neoliberalism, OECD, policy, politics, professionals
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Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?
“Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?” (T. S. Eliot, The Rock, 1934)
Gregory Mankiw: “Economic science is still a primitive body of knowledge.”
From the horse’s mouth: Professor Gregory Mankiw (Chair of Economics Department, Harvard University) on economics: “The economy is complex, and economic science is still a primitive body of knowledge.” From his op-ed in New York Times, March 22, 2014 *** Join the … Continue reading
The whole human knowledge is within your reach! The only two books you ever have to read :-)
What they do, and what they do not, teach you at Harvard Business School. (By the way, who are THEY?…) *** Join the Economic Sociology and Political Economy community through Facebook / Twitter / LinkedIn / Google+ / Reddit / Tumblr
