This post is a sequel to my previous one on economic faith and doctrines. When thinking further about the ideological construction of “oppressive state intervention” and some of the comments made on the thread, I kept thinking about the fact that the liberal economy needs an enormous amount of state intervention and support to function, and that a social democratic perspective can be non-statist. Read more »
The American Economic Association will now award the John Bates Clark Medal (given to the best economist under 40) annually rather than every two years. The reduction in scarcity means that the prestige associated with the award will fall; perhaps dramatically. Read more »
THERE is a lot less “stuff” being produced in the US and China as a consequence of the financial crisis.
According to Joe Kishore writing at The World Socialist Website: Read more »
The Church of England’s Church Commissioners have gone green, investing £150 million with former US Vice-President Al Gore’s environmentally minded investment firm, Generation Investment Management. Read more here.
I am now twittering. Well, at least I think I am. Hard to tell as I am not quite sure of the point yet. Anyhow, if you want to follow me here is the relevant URL: http://twitter.com/joshgans Read more »
Earlier this year, the price of energy, particularly oil, was one of the biggest issues in world politics, and particularly American politics (climate change has always been a second-order issue there). The spike in the oil price drew mainstream media attention to a theory that had been doing the rounds of the blogosphere - and, later on, the mainstream media - Peak Oil. To recap, the Peak Oil hypothesis states that the level of world oil production will reach an absolute peak, and then start to decline, on a fairly rapid basis. The consequences? Read more »
Tyler Cowen today writes about the Singaporean practice of ‘choping’: Read more »
It was just last month that she became the world’s oldest person but her reign is over.
Maria de Jesus was … Born in 1893, she reached the age of 115 years and 114 days.
The title goes back to the US with Gertrude Baines now holding the crown. Read more »
How often over the past few years have we been told that we need to sacrifice economic wealth today for our grandchildren; specifically, for the environment we leave them? I hear it all the time as politicians and many others make the sales pitch on climate change policy. It is an easy one to nod our heads at. After all, you aren’t anti-your grandchildren are you? Read more »
Like last year, I thought I’d list today the most popular posts on this blog from 2008: Read more »
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