Tag Archives: knowledge

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

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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

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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 issue deals with the important question of how public understandings of … Continue reading

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When public good exchanged to private gain: neoliberalism, higher education and social inequality

Public higher education has a long history, with its growth associated with mass higher education and the extension of a social right to education from secondary schooling to university education. Following the rise in student numbers since the 1970s, the … Continue reading

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Why and when do governments appoint economics professionals 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

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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)

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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

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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 those THEY?…) *** Join the Economic Sociology and Political Economy community through Facebook / Twitter / LinkedIn / Google+ / Reddit / Tumblr

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“People are living books. The real library of life is community.” Thank you all!

While 2014 is coming to an end and 2015 is knocking on our doors, I want to thank every one of you for being here and for making this community what it really is. Thank you for joining, for every … Continue reading

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Neoliberalism in the Global South: the shift in development strategies

Despite the fact that the first substantially neoliberal regime was actually in the far South, the civil-military dictatorship in Chile, neoliberalism is generally attributed to western and developed countries. “Where in the world does Neoliberalism come from? The market agenda … Continue reading

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