Initial Public Offerings
Two weeks ago I introduced the idea that it is sometimes strategic for capitalists to avoid equilibrium prices. Since all the claims textbook economics makes […]
Month: October 2016
Leadership Beyond Political Labels
I will take a detour from the thread I was pursuing last week to reflect on the importance of judicious leadership in a capitalist system. […]
The Rectification of Names
I borrow the title of today’s blog from the ancient Chinese philosopher Confucius, though I use the term differently. For Confucius, rectification of names (zhèngmíng […]
Why am I Such a Contrarian?
Most critics of textbook economics today adhere to some rival economic school, including Marxian, post-Keynesian, neo-Ricardian, Austrian, information, and evolutionary economics. Each of these schools […]