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Category Archives: Economics and public policy
Can you spot the countries with high vaccinations? Or recent lockdowns?
I am all for effective vaccines and have been impressed with how fast vaccines have been developed against covid, but I never expected them to be the wonder weapons some promised them to be. After all, the yearly new vaccines … Continue reading
History is repeating: Dennis Glover on the Capitol Hill riot
If something can happen once, it can happen again. This is the oft-ignored first lesson of history. The second lesson is that humans usually forget lesson number one. Watching the attempted coup unfold at the Capitol building, those two lessons … Continue reading
A brief summary of a long work – Piketty’s Capital and Ideology: by Ian McAuley
Ian McAuley circulated the summary below and I asked him for permission to make it available here – which he agreed to. Piketty’s books remind me of one of John Clarke’s lines. Back in Fred Dagg’s ten minute History of … Continue reading
Posted in Democracy, Economics and public policy, History
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Historical analogies for the covid-mania
“men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses more slowly, and one by one.” MacKay, 1841. Right now, London and much of Europe … Continue reading
7 Questions and hypotheses for 2021
2020 was certainly a roller coaster for a social scientist, full of surprises. Let me not once again bemoan the increasingly coordinated attack on all sources of vitality in Western civilisation, but look ahead and openly wonder about what 2021 … Continue reading
Long-Term Effects of Equal Sharing: Evidence from Inheritance Rules for Land
Filed under “Studies that confirm my priors”. Long-Term Effects of Equal Sharing: Evidence from Inheritance Rules for Land Charlotte Bartels, Simon Jäger, and Natalie Obergruber #28230 Abstract: What are the long-term economic effects of a more equal distribution of wealth? … Continue reading
Rescuing humanity from Neo-liberalism: by John Burnheim
In his powerful critique of Neo-liberalism, Nicholas Gruen draws heavily on the work of Michael Polanyi. The following essay is an attempt to carry on and fill out Polanyi’s work. Like many liberal economists of the mid-twentieth century, but more … Continue reading