Friday, June 24, 2016

On the Old Yarn About How Back in the Old Days Government Intervention Wasn't Evil

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On Crooked Timber they're reviewing Hacker and Pierson's new book, American Amnesia.  Their thesis, as I understand it, is that th...
Friday, June 3, 2016

Shareholder Activism and Procedural Democratic Party Politics

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Recently, a bipartisan Congress deigned to roast Bill Ackman, the silver fox of Pershing Square Capital, on the evils of ostensibly short-...
Wednesday, July 31, 2013

The Courts' Pig-Latin Logic on Cell Phone Privacy

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A new Circuit Court opinion on the legality of warrantless searching of cell phone records: The ruling also gave a nod to the way in whi...
Friday, July 26, 2013

Privatizing Justice: Free to Lose Alone?

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One of my intellectual tasks is to peel open and pin down the democracy that we have.  And then to lay it down next to what liberal democrac...

On Crow

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Well, Krugman's a NKE - "mostly."   Per a recent blog post , problems with aggregate demand had more to do with the pain of de...
Friday, July 19, 2013

Neoliberalism: Turning "Baked-In" problems of robustness into benefits

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One criticism of neoliberalism is that because it has a tendency to boil down all human action into deliberate, rational calculations, it ma...
Tuesday, July 16, 2013

Where's Ricardo?

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From Krugman's blog today : And the growth of international trade in manufactured goods needs, perhaps, to be seen as something more...

Eating Crow

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It looks like the Saltwaters are on board with PKE - at least when some schmuck starts agitating for a lower minimum wage again....and when...
Monday, July 15, 2013

Articulating the Exercise of Power: Rent-Seeking

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Economist Joe Stiglitz, in his column today , makes some good points about the political and economic repercussions of our intellectual prop...
Sunday, July 14, 2013

A Keynesian Take on the Role of Wages and Finance in Growth and Corporate Governance

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A wonderful new journal, The Review of Keynesian Economics , offers some much-needed scholarly research as an alternative to the neoclassica...
Friday, July 12, 2013

In the Fishbowl of Corporate Governance Intelligentsia - Part I: What is "Long Term"?

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There are a lot of smart, well-meaning people in corporate governance.  But, like any academic topic, corporate governance perhaps suffers f...

Atlas Shrugged...and Nietzsche Fell Out

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Just wanted to point out a (controversial) but nevertheless enjoyable and challenging article by Corey Robin in the Nation .  Crooked Timber...

Lean, Mean Privatization.. Is Bloating the Parts of Government We Aren't Supposed to Trust

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We seem to accept the privatization of state action for a few reasons.  First, whatever democratic legitimization enjoyed, however tenuously...

Schumpeter, the State, and Funding Economic Evolution

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In Schumpeter's Capitalism, Socialism and Democracy, we are presented with a vindication of sorts for certain forms of "anticompeti...

Finding Hobbes in Adam Smith -- and the Stylized Neoclassical World View

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A wonderful little debate  (and here  and here  ) is currently taking place (and thanks to Prof. Mark Thoma for broadcasting it) among some...