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“This work has been carried out despite the economical difficulties of the authors’ country. The authors want to overall remark the clear contribution of the Spanish Government in destroying the R&D horizon of #Spain and the future of a complete generation” (Padilla et al. 2014: 475) Contrary to this “Acknowledgments” section, cleverly used by the researchers to submit an alarming, justified, and serious protestation, see here the posts featuring funny and witty scholars’ “#Acknowledgments'' https://economicsociology.org/2018/07/17/probably-the-best-acknowledgments-ever-4/"Another difference between #MiltonFriedman and myself is that everything reminds Milton of the money supply. Well, everything reminds me of sex, but I keep it out of my papers.” Read more on Robert Solow’s sarcastic #economics: https://economicsociology.org/2018/07/14/robert-solows-sarcastic-economics/amp/Tags
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Tag Archives: Political economy
The IMF’s Reconstruction of Economic Orthodoxy since the Crash
by Ben Clift* Analysing how the International Monetary Fund (IMF) contributes to prevailing understandings of sound economic policy reveals how economic orthodoxy is historically contingent, and throws into relief the malleability of economic policy credibility. These indirect IMF attempts to … Continue reading
Posted in Books, community members posts
Tagged economics, Eurozone crisis, financial crisis, fiscal policy, ideas, IMF, institutions, policy, Political economy
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Was Karl Polanyi wrong? Land, labor, and private authority in the global economy
by Tim Bartley* Karl Polanyi famously argued that land, labor, and money are “fictitious commodities.” They cannot be fully subjected to the dictates of the market without spurring backlashes that seek to re-embed them in society. It is easy to … Continue reading
Posted in Books, community members posts
Tagged China, Economic Sociology, glocalization, Indonesia, institutions, Karl Polanyi, labor, land, norms, Political economy, regulation
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World Inequality Report 2018: Great Data, Bright Analysis, Perturbing Reality
The World Inequality Lab led by Thomas Piketty, Emmanuel Saez, Gabriel Zucman, Facundo Alvaredo and Lucas Chancel released today the first of its kind World Inequality Report 2018. The Report aims to become the comprehensive reference report on income and wealth inequality around … Continue reading
Posted in Books, Oleg Komlik
Tagged economic history, inequality, neoliberalism, policy, Political economy, wealth
6 Comments
What is’t to us if taxes rise or fall? Thanks to our fortune, we pay none at all
The 18th-century English poet and satirist Charles Churchill wrote the following witty and sharp words, jeering and criticizing the aristocracy and the establishment of his time. The cit, a common-councilman by place, Ten thousand mighty nothings in his face, By situation … Continue reading
Posted in Art, Oleg Komlik
Tagged elite, Political economy, politics, social movements
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Theodor Adorno on the division between economics and sociology
In May-July 1968, Theodor W. Adorno, an eminent philosopher, sociologist and one of the founders of the Frankfurt School of Critical Theory, gave his last lecture series which were published in 2000 as Introduction to Sociology. In these accessible and lucid … Continue reading
Posted in Books, Oleg Komlik
Tagged academia, economics, Frankfurt school, Political economy, sociology
1 Comment
David Ricardo: What is the Key Problem in Political Economy?
David Ricardo (1772 – 1823) was a prominent classical economist who gave systematized form to the rising discipline of economics, rightly termed then as political economy. The opening paragraph of his book On The Principles of Political Economy and Taxation (1817) contributes to this endeavour … Continue reading
Posted in Books, Oleg Komlik
Tagged economics, Political economy, varieties of capitalism
2 Comments
The Political Economy and Economic Sociology of Brexit
In the beginning, it is said, was Brexit. “Brexit is a revolution”, it is said from the right and by the left. Revolution, though, is a Janus-faced concept that “evokes dialectically linked oppositions: light and darkness; rupture and continuity; liberation and oppression; … Continue reading
Posted in Books, Papers
Tagged Brexit, Economic Sociology, neoliberalism, Political economy
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Disentangling Neoliberalism: the key concepts
Neoliberalism has become an omnipresent term. Due its increasing pervasiveness into academic, political and media discourses, some perceive neoliberalism as an omnipotent phenomenon that explains everything, while others see it as a vague buzzword that hardly means something. Surveying this blog, for example, under the tag … Continue reading
Posted in Books
Tagged discourse, Economic Sociology, ideas, neoliberalism, Political economy
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