Category Archives: Economic Conflict

Much conflict has an economic basis, but also of course there is conflict that is directly economic: in ideas and policies

Beware What You Ask For: Peter Radford

Brilliant article in Real World Economics by Peter Radford on the current plutocratic mess: This has been a long and miserable time. Deluged daily by strange and almost surrealistic gyrations in Washington I decided to sit to one side and … Continue reading

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Russia, America and the Contest of Sick Systems: Gideon Rachman

A stellar article in today’s UK Financial Times by Gideon Rachman: the Last Man Standing Theory: Internal resilience, not external strength, will determine the century’s power struggles. What was Vladimir Putin thinking? Viewed from the west, the Russian president’s decision … Continue reading

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Karl Polanyi in Six Points by Asad Zaman

This is close to how I see economic history and our own situation. A brilliant summary by Asad Zaman in Real World Economics at https://rwer.wordpress.com/2018/02/17/polanyis-six-points/ Polanyi’s six points:     The analysis of Polanyi’s Great Transformation can be summarized in the … Continue reading

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Is the World Really Better than Ever? by Oliver Burkeman

Worth the long read: the argument between optimists and pessimists re our current situation: from today’s UK Guardian:         The headlines have never been worse. But an increasingly influential group of thinkers insists that humankind has never … Continue reading

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Bayes Theory in Economics and Economic Forecasting

In response to a recent post in Real World Economics, I set out my views on the application of Bayes Theorem to economics and economics forecasting. https://rwer.wordpress.com/2018/02/13/the-limits-of-probabilistic-reasoning-2/ It’s not really related to how I use Bayes Theorem, but then maybe … Continue reading

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Readers’ Responses to Edward Luce’s “The Discrete Terror of the American Bourgeoisie”

The responses to Edward Luce’s article below was as interesting as the original:   “Real politicians know that they must ask people for their vote: never take anything for granted. It is an equally good idea for columnists to ask … Continue reading

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The Discrete Terror of the American Bourgeoisie by Edward Luce

A Brilliant article in today’s Financial Times that nails the core problem. And the test of whether it is right: how much support would a policy to equalize school expenditure across the nation find from the so-called meritocrats? Zero is … Continue reading

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