Monthly Archives: January 2016

Karl Polyani: The Great Transformation

I have always liked Karl Polyani’s fine book “The Great Transformation” that I am about the re-read in the light of this comment in Real World Economics that I think profoundly insightful about US politics. It is also making me … Continue reading

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Eric Beinhocker: The Origin of Wealth as a Slide Show

Here is a very good summary of Eric Beinhocker’s book The Creation of Wealth as a slide show.  http://www.neweconomicthinking.org/downloads/HEEDnet%20Seminars_Eric_Beinhocker.pdf

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The Connection between Social Trust and Wealth: Eric Beinhocker

Eric Beinhocker’s excellent book The Origin of Wealth contains this excellent graphic of the connection between social trust and GNP per capita: 

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The Business of War by Asad Zaman

Another brilliant piece on Real World Economics site: The Business of War The highly decorated war hero, Major General Smedley Butler, described a well-hidden secret in his classic book, War is a Racket: “I made Mexico safe for American oil … Continue reading

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Wittgenstein’s Silence and Economics: Peter Radford

A simply brilliant piece on economics by Peter Radford in Real World Economics: “Because it is pointless adding to an already over stuffed vacuum. Economics as currently construed is a discussion about a small percentage of all economic activity. It … Continue reading

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World Arms Industry Statistics by Country by David Ruccio

No prizes for guessing which country leads arms exports. Thanks to David Ruccio in Real World Economics for this:    Last year, the United States led the world in arms sales, with a total of $36.2 billion in worldwide arms transfer … Continue reading

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