Categories: "Economics"

Modern Monetary Theory - Fraud 1 - Government Spending

July 16th, 2012
This 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, 2012
This essay is about Warren Mosler's booklet entitled "SEVEN DEADLY INNOCENT FRAUDS OF ECONOMIC POLICY" more »

bitcoin on econtalk

June 27th, 2012
And 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, 2012
Fazzari 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, 2012
I 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, 2012
This 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, 2012
This 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, 2012
The 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, 2012
Not 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, 2012
I had written here on the topic of how social justice is not served by institutional corruption.  more »