Categories: "Economics"
Modern Monetary Theory - Fraud 1 - Government Spending
July 16th, 2012This is the first part of a critique of some of the thoughts expressed by Warren Mosler in his booklet "Seven Innocent Deadly Frauds of Economic Policy" more »
Modern Monetary Theory - Introduction
July 14th, 2012This essay is about Warren Mosler's booklet entitled "SEVEN DEADLY INNOCENT FRAUDS OF ECONOMIC POLICY" more »
bitcoin on econtalk
June 27th, 2012And now for something completely different, an interview with one of the people working up a fully digital currency that is completely independent of commodity basis and of national boundaries. more »
stimulus on econtalk
June 20th, 2012Fazzari supports the stimulus program, which adds interest to the discussion of how we know what we know in economics - how would we know if things would have been worse without the stimulus, versus that the stimulus didn't work or made things worse. F… more »
prohibition on econtalk
June 16th, 2012I have a long standing interest in alcohol and drug prohibition; this episode explores the notion of "bootleggers and baptists" in the direct relevance of the US "noble experiment" with alcohol prohibition. I found it difficult to find completely clear… more »
regulation on econtalk
May 30th, 2012This discussion of regulation made a point I did not previously appreciate, in the context of the Sarbanes-Oxley (SOX) regulations that were enacted a few years ago in response to some blatant cases of fraud on the part of some corporate executives. … more »
knowledge and power on econtalk
May 29th, 2012This episode wraps around the context of our modern economy, focusing on features of increased specialization and dispersion of knowledge, and what checks are there to institutional size and scope. Addresses whether we must have concentration o… more »
intellectual property on econtalk
May 24th, 2012The discussion from the first of these is from a very different business perspective; I had previously seen Johanna Blakeley give a TED talk. See also my fb posts from 4/18/2010 at 9:03 am for more on this.
Fashion and Intellectual Property (6/14/20… more »
scarcity and markets in lungs and livers
May 24th, 2012Not every scarce thing is valuable to lots of people, or even to a few people. Setting aside lifeboat situations and the like, our individual time in this life is unique in being both extremely scarce and generally non-transferable. This note aims to r… more »
more on institutional corruption
May 15th, 2012I had written here on the topic of how social justice is not served by institutional corruption. more »