Maktelitens inkomstutveckling
Maktelitens genomsnittliga inkomster före skatt jämfört med en industriarbetares motsvarade 16,8 industriarbetarlöner 2012. Det innebär att maktelitens relativa inkomster har legat på samma nivå de...
View ArticleFör en skola bortom elevers tidsbundna och kontingenta fakticitet
Skolpedagogiska reformimpulser borde så småningom sluta att förlita sig på sjuttiotalets motiv, innebörder och semantik. Annars går det som när en orkester orubbligt fortsätter att spela de gamla...
View ArticleBig data forecasting and the conundrum of unknown unknowns
Short-term weather forecasting is possible because most of the factors that determine tomorrow’s weather are, in a sense, already there … But when you look further ahead you encounter the intractable...
View ArticleHur länge ska vi tillåta giriga storbanker att sko sig på oss?
De fyra stor-bankernas rekordvinster på nära 92 miljarder kronor har upprört många. I en stillastående svensk ekonomi tjänar en liten del stora pengar på alla andra. Men hur går det till? Det finns två...
View ArticleAdam Smith och den “osynliga handen”
Igår sändes i Sveriges Radio P1 ett första program i en serie om nationalekonomins historia: Adam Smith gjorde national-ekonomi till modern vetenskap 1776 med boken Nationernas välstånd. Hans tes är...
View ArticleMacroeconomic challenges
In discussing macroeconomics’ Faustian bargain, Simon [Wren-Lewis] asks: “By putting all our macroeconomic model building eggs in one microfounded basket, have we significantly slowed down the pace at...
View ArticleBobubblan bara växer och växer i Sverige
Som Cornucopia visar i ovanstående diagram har reala bostadsrättspriser stigit med nästan 900 % de senaste 30 åren! Om detta inte är en bubbla vet jag inte vad som skulle kunna vara det. Men det...
View ArticleOn abstraction and idealization in neoclassical economics
Of course macroeconomists research many things, and only a minority are using New Keynesian models, and probably even some of those do not really need the New Keynesian bit. That is the great thing...
View ArticleHicks on the inapplicability of probability calculus
To understand real world “non-routine” decisions and unforeseeable changes in behaviour, ergodic probability distributions are of no avail. In a world full of genuine uncertainty — where real...
View ArticleDavid Ricardo
I morgon sänder Sveriges Radio P1 — kl. 21:03-21:37 — det andra programmet i en serie om nationalekonomins historia. Yours truly medverkar. Det sägs att börshandlaren David Ricardo blev...
View ArticleTaking rational expectations seriously? You’ve got to be joking!
If at some time my skeleton should come to be used by a teacher of osteology to illustrate his lectures, will his students seek to infer my capacities for thinking, feeling, and deciding from a study...
View ArticleRobert “The Keynesian” Lucas
In his Keynote Address to the 2003 History of Political Economy Conference, Nobel laureate Robert Lucas said: Well, I’m not here to tell people in this group about the history of monetary thought. I...
View Article28 February 1986 — a date which will live in infamy
Olof Palme. Born 30 January 1927. Murdered 28 February 1986.
View ArticleTeaching of economics — captured by a small and dangerous sect
The fallacy of composition basically consists of the false belief that the whole is nothing but the sum of its parts. In the society and in the economy this is arguably not the case. An adequate...
View ArticleTop 20 Heterodox Economics Books
Karl Marx, Das Kapital (1867) Thorstein Veblen, The Theory of the Leisure Class (1899) Joseph Schumpeter, The Theory of Economic Development (1911) Nikolai Kondratiev, The Major Economic Cycles...
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