When the West Was Itchin’ to Go to China
The old city of Khiva in Uzbekistan. Some sections may be 5th century, but the strongest sections were built in…
How To Put The Genie Of Inflation Back Into The Bottle
As President Joe Biden’s administration and its progressive allies push to pass an ambitious social spending bill, moderate Democrats are…
Mark Blyth: The system increasingly works only for the uber-wealthy
Source Mark Blyth in The Guardian: I travelled to New York City in August for the first time since the…
How economists use gdp to think
https://marginalrevolution.com/marginalrevolution/2021/09/how-economists-use-gdp-to-think.html That is the topic of my latest Bloomberg column. Here is one bit: An appreciation of GDP helps keep…
CEO Guide to the Circular Economy
https://wuyuansheng.com/doc/CEO_Guide_to_Circular Economy.pdf
Mapped: The World’s Biggest Private Tax Havens
https://www.zerohedge.com/markets/mapped-worlds-biggest-private-tax-havens When the world’s ultra-wealthy look for tax havens to shield income and wealth from their domestic governments, where do…
What should be taught more in the first-year graduate sequence in economics?
https://marginalrevolution.com/marginalrevolution/2021/07/what-should-be-taught-more-in-the-first-year-graduate-sequence-in-economics.html Or maybe just taught more period? For microeconomics, I have two very definite picks: 1. Price discrimination. They do…
China and the Lure of Global Capitalism
https://bostonreview.net/class-inequality/macabe-keliher-china-and-lure-global-capitalism Markets have played a central role in the country’s explosive development since the 1980s. But as GDP rose, inequality…
William Cobbett on the dangers posed by the “Paper Aristocracy” (1804)
https://oll.libertyfund.org/quote/william-cobbett-on-the-dangers-posed-by-the-paper-aristocracy-1804 The English radical William Cobbett (1763-1835) objected to the funding of the war against Napoleon by issuing debt and…