Category Archives: Economics and public policy

Dependency theory and my impatience with impatience

This post is barely worked up from an email I wrote in response to a student in development studies. She’d been working on environmental this and that and the Sustainable Development Goals (about which I’d class myself a card-carrying member of the … Continue reading

Posted in Economics and public policy | 3 Comments

Information, ignorance, trade-offs and system collapse

An argument someone put to me today which makes a lot of sense. In the GFC markets collapsed not just because there was too much risk in the system – though there was – but because it was hidden. With the various bits of … Continue reading

Posted in Economics and public policy, Health | 14 Comments

Crowdsourcing the crisis: crossing the is/ought barrier

I recently reposted my old column on blogging the 2008 crisis and there’s been some great blogging of this crisis. What about crowdsourcing the crisis? To some extent, we’re doing that with people out here in television land suggesting stuff and … Continue reading

Posted in Democracy, Economics and public policy, History, Politics - national, Web and Government 2.0 | Leave a comment

The master, his emissary and the balance of risk

The performance of expertise is tangled up in status displays. Often that subtly displaces what should be the true object of inquiry. Thus, for instance, economists will often be drawn off into spinning their view of a future which A. G. … Continue reading

Posted in Coronavirus crisis, Economics and public policy | 13 Comments

What things shouldn’t we be wasting this crisis on?

The subject of this post has been a theme of some conversations I’ve had with some people in Canberra. What things should we have been doing before the crisis that the crisis concentrates the mind sufficiently to try to do … Continue reading

Posted in Democracy, Economics and public policy, regulation, Sortition and citizens’ juries | 6 Comments

Hoisted from archives: Wrapping up 2008: the year of the first blogged financial crisis

Since we’re blogging the next crisis, I thought now was a good time to reheat the blogging of the last one. intriguing to think of all the changes, and in many ways how much steam has gone out of blogging, and yet … Continue reading

Posted in Best From Elsewhere, Blogs TNG, Democracy, Economics and public policy | Leave a comment

6 post-Corona Institutional questions

The mass hysteria of the corona crisis is raging, with the resulting self-isolation of whole economies and populations. The loss seems greater with every new forecast on the economic collapse than I initially thought, and the benefit of imprisoning and … Continue reading

Posted in Business, Climate Change, Cultural Critique, Economics and public policy, Health, History, Life, Political theory, Politics - international, Public and Private Goods, regulation, Religion, Science, Social, Society, Terror | 20 Comments