Category Archives: Multidisciplinairy Economics
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
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
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
ECONOMICS AS AN (IN)DEPENDENT SCIENCE
ESSAYS IN MULTIDISCIPLINARY ECONOMICS, NO.2 Economics as an (In)dependent Science Introduction Science has always been heavily influenced by the ideologies and interests of people. Although this phenomenon is unavoidable, it makes sense to reduce it as much as possible. When … Continue reading
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
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