Category Archives: Economy And Society
IS THERE AN ALTERNATIVE TO THE NEOLIBERAL STRATEGY?
Is There An Alternative To the Neoliberal Strategy? Dr. Piet Keizer, Associate Professor of Economic Methodology, Utrecht University School of Economics, November, 2017 There may be a time when we are powerless to prevent injustice, but there must never be … Continue reading
HAYEK, KEYNES, AND FRIEDMAN ABOUT THE EUROZONE
Hayek, Keynes and Friedman about the Crisis in the Eurozone Introduction The financial crisis of 2008 pushed the world economy into a depression. After a year or so many economies, such as those of the BRIC-countries, recovered; the eurozone, however, … Continue reading
The Brexit-issue is not that important
The Brexit-issue is less important than most economists think Most economists assume that the British referendum about Brexit is a historic moment; an issue that might change the course of European history. I think they exaggerate its importance. Of course, … Continue reading
Posted in Economy And Society, European Economy
Tagged brexit, cultural homogeneity, culture, immigration, integration
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Maurice Obstfeld as the New Chief-economist of the IMF – What Can We Expect From Him?
Maurice Obstfeld as the new Chief Economist of the IMF – what can we expect from him? Introduction In the period 2006-2008 the IMF was confronted with its most serious challenge. Previous problems were all local, and the task of … Continue reading
Posted in Economy And Society, Multidisciplinairy Economics
Tagged capital controls, exchange rate rigime, homo oeconomicus, internationa finance, international macroeconomics, monetary independence, multidisciplinary economics, neoclassical thinking, post-Keynesian economics, radical economics
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GREECE AND DEMOCRACY
GREECE AND DEMOCRACY The Greek people are proud of being the inventors of democracy. This concept refers to self-governance on all levels of society. At the moment the economic problems are very difficult to solve, and society is at 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
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