The Refugee Crisis has been "Topic of the Week" in the Collapse Doom-o-sphere. Everybody's Talkin' about what to DO about this growing problem, with few plausible solutions being offered up anywhere, be it on the Blogs or from the Political class running the show here. From Zero more »
How would you explain, via short story, capitalism versus socialism?
by Michael Haltman
Capitalism: 'a social system based on the principle of individual rights. Politically, it is the system of laissez-faire (freedom). Legally it is a system of objec… more »
by Yanis VaroufakisThis is the original original English text of Deutschland: Die moralische Nation (Frankfurter Allgemeine Zeitung, 13 September 2015). Appeared originally on the author's blog. Economists err when they think that human rationality i… more »
An news release represented to be from the Saudi Ministry of Foreign Affairs was distributed by PRNewswire on Friday (11 September). The full press release is posted below. The figure of 2.5 million, if it were true, would represent 60% of the number o… more »
There was a time when economists were inevitably concerned with development. Early economists of the 16th and 17th centuries to those of the mid 20th century were all essentially concerned with understanding the processes of economic growth and structural change: how and why they occurred, more »