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
MULTIDISCIPLINARY ECONOMICS, A METHODOLOGICAL ACCOUNT, OXFORD UNIVERSITY PRESS, 2015
PIET KEIZER (MAY, 2015), MULTIDISCIPLINARY ECONOMICS, A METHODOLOGICAL ACCOUNT, OXFORD: OXFORD UNIVERSITY PRESS. The most important misunderstanding in economics is the idea that orthodox economic theory, as we know from regular textbooks, offers an acceptable foundation for the study of … Continue reading
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
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
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
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
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
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
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
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