In 2003 the the heterodox economics faculty at Notre Dame University were removed from the Economics Department. Now I gather their new home, The Department of Economics and Policy Studies, will be eliminated as well. The story can be found in The Chronicle of Higher Education An interesting analysi ...
The current crisis has led to new discussions about the future of economics. We have reported about the rise of a new German Methodenstreit ( here, here, here and here//only the first article is in german) and the challenges for mainstream macroeconomics ( here) before. Now The Economist has picked ...
Adbusters Sept/Oct magazine is completely focussed on economic theory, and especially on the alternatives to the Neo-Classical paradigm. it will feature interviews with Herman Daly, Robert Nadeau, Lourdes Beneria and Joseph Stiglitz as well as papers, short articles and a lot more. There’s more info ...
This is a must-read piece from an editor of GegenStandpunkt in Germany, now translated into English. Everyone knows that this is dangerous for money. The newspapers write that inflation is imminent, even a currency reform – where money is deleted after all. For rescuing the banks, money is deleted i ...
As a kid, I rode my bike all around Brooklyn, on the streets, through the parks, against traffic–sans helmet. Coming home one day, down my own block, I stuck my foot into the front wheel spokes. The wheel came to a complete stop and I flipped over my bike. Ended up pretty bruised, but no broken bone ...