Monthly Archives: March 2015

Analysis Without Synthesis Makes The World Fall Apart

Piet Keizer (2015), Analysis Without Synthesis Makes The World Fall Apart, Essays on Multidisciplinary Economics, 1, 2015; http://www.Pietkeizer.com  Introduction The history of scientific method is characterized by many methodological divides. As soon as someone makes a distinction between A and … Continue reading

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POST-CRISIS ECONOMICS

Piet Keizer, Multidisciplinary Economics, A Methodological Account, Oxford University Press, May, 2015.   Post-crisis Economics When the global economy was hit by a severe financial crisis, mainstream economists were surprised. The global financial system appeared very fragile, especially in the … Continue reading

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SYRIZA, AN OPPORTUNITY FOR GREECE AND EUROPE

Syriza, an Opportunity for Greece ánd Europe Introduction It might be historic, the victory of Syriza in the Greek elections of 25 January 2015. It offers Greece and Europe the chance to break the trend of ineffective neoliberal policies, as … Continue reading

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THE ECB SUPPORTS BANKS, NOT THE ECONOMY

The ECB supports banks, not the economy Introduction Recently the ECB announced a new round of quantitative easing (QE): the ECB buys large volumes of (bad) financial paper, so as to improve the financial situation of banks. By doing this … Continue reading

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JARED DIAMOND (2013) ON THE WORLD UNTIL YESTERDAY

Jared Diamond on The World Until Yesterday What makes the analysis of traditional societies ( before about 9000 years BC) so important for us, living in a modern world. In many basic ways we are not all the same; traditional … Continue reading

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EUROPE: INVEST AND REFORM – AND DO IT DEMOCRATICALLY

Europe: Invest and Reform – and Do it Democratically  The European economies do not grow anymore. Nevertheless, the economic establishments are preparing a next round of cuts in the level of the government expenditures. First, a few Mediterranean economies, such as Greece, Spain … Continue reading

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THE PROBLEM OF INEQUALITY: STIGLITZ > ACEMOGLU > PIKETTY

The Problem of Inequality: Stiglitz > Acemoglu > Piketty Introduction   Not only Acemoglu and Piketty published a book on inequality in 2012 – so did Stiglitz. The books became widely known and were subject of academic and public debate. … Continue reading

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ARE FINANCIAL WARS OUR FUTURE?

Are Financial Wars our Future? Introduction   Over time we see an increasing share of fiduciary money in the total of money supply. In earlier times particular goods functioned as money, such as pigs and chicken. Later gold was very … Continue reading

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PROTESTANTISM AND ECONOMIC DEVELOPMENT

Protestantism and Economic Development Introduction   There is much empirical research with respect to the relationship between Protestantism and economic development. Especially in the fields of economic history, social economics and economic sociology the hypothesis which says that higher proportions … Continue reading

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