• rhetoric of economics

No, not directly about religion, but even at Notre Dame, with a distinguished record of incorporating ethics into its economics curriculum, doesn't want heterodox economists around. As those of us in Communication well know, quantitative social scientists are the most relentless Stalinist purgers in academe.

• Jim Aune's blog
• Login or register to post comments

• rhetoric of economics

I kind of like the new Treasury website on economic policy, especially the glossary of financial terms. I've avoided thinking or blogging on Obamanomics, partly out of my still-continuing relief after the election, and partly out of a desire to give the Administration the benefit of the doubt.

• Jim Aune's blog
• Login or register to post comments
• Read more

• rhetoric of economics

Turns out the Fed knew about the AIG bonuses, but didn't tell the White House. Reminds of when Paul Volcker doubled the price of money overnight in 1979 without telling President Carter, and thus effectively elected Reagan (a story only a few Fed obsessives like William Greider seem now to recall). The arguments for keeping monetary policy relatively independent of political pressure are strong, but they only function under conditions of considerable transparency for policy-makers and the public. "Communication problems," indeed.

• Jim Aune's blog
• Login or register to post comments

• rhetoric of economics

My favorite "public" economist Brad DeLong and Chicago economist Luigi Zingales debate Keynes' legacy.

• Jim Aune's blog
• Login or register to post comments

• rhetoric of economics

• Jim Aune's blog
• Login or register to post comments
• Read more

• rhetoric of economics

"The sickening feeling of drift — the sense that policymakers are refusing to face hard facts, and are dithering while the world economy burns — just keeps getting stronger." Krugman worries, as do I.

• Jim Aune's blog
• Login or register to post comments

• labor
• rhetoric of economics

A letter from prominent economists on perhaps the most important reform the Obama Administration could enact:

For the Employee Free Choice Act

Although its collapse has dominated recent media coverage, the financial sector is not the only segment of the U.S. economy running into serious trouble. The institutions that govern the labor market have also failed, producing the unusual and unhealthy situation in which hourly compensation for American workers has stagnated even as their productivity soared.

• Jim Aune's blog
• Login or register to post comments
• Read more

• rhetoric of economics
• theorizing

David Graeber, to my mind the most interesting radical writer of the present time, gives us a glimpse into his current project on the history of debt and its relation to violence.

• Jim Aune's blog
• Login or register to post comments

• rhetoric of economics

Money as Simulacrum: The Legal Nature and Reality of Money

[downloadable here--Ron Greene, nota bene]

John J. Chung
Roger Williams University - School of Law

Hastings Business Law Journal, Vol. 5, p. 109, 2009
Roger Williams Univ. Legal Studies Research Paper No. 64

Abstract:

• Jim Aune's blog
• 2 comments
• Read more

• rhetoric of economics

Comrade Greenspan calls for bank nationalization!

• Jim Aune's blog
• 1 comment