Economics
Mark Fishman and
Economics
(1) New Working Paper: the fundamental driver of growth in modern economies, Total Factor Productivity (TFP), is linear, not exponential.
This is a paper I did not expect to write...
Thomas Philippontwitter.comThe Myth That Shareholders Are Always Investors: Challenging the Paradigm of Shareholder Primacy - Roosevelt Institute
Harrison Karlewiczrooseveltinstitute.org
In fact, most of the economic innovations of the last thirty years make more sense politically than economically. Eliminating guaranteed life employment for precarious contracts doesn’t re- ally create a more effective workforce, but it is extraordinarily effective in destroying unions and otherwise depoliticizing labor. The same can be said of... See more
David Graeber • A practical utopians guide to the coming collapse – David Graeber
History Lessons: How “Transitory” Is Inflation? | Research Affiliates
researchaffiliates.com
Longtermtrends | Find the most interesting financial charts!
longtermtrends.net
Economists are the ultimate permissive parents who believe in just letting the kids (markets) run free and see what happens.
Children need boundaries, or they grow up to be assholes.
Economies need boundaries, or they grow up to be assholes.
We aren’t talking Soviet Style planned economies here. We are talking guardrails, so we don’t take a corner at
... See moreMatt Orsagh from Degrowth is the Answer • Economics Needs a Rethink
Perry Anderson, The Standard of Civilization, NLR 143, September–October 2023
Perry Andersonnewleftreview.org