January 2017 -

Rule of Law

January 26, 2017 James Nolt 0

When I was in elementary school, I remember my (very conservative) teacher saying that the great thing about the United States was that our constitution […]

Books for Learning Political Economy

January 19, 2017 James Nolt 0

Many students over the years have asked me what are the most useful books for learning my approach to political economy. The two books I […]

Trump and Trade Bilateralism

January 12, 2017 James Nolt 0

Last week I argued that President-elect Donald Trump appears to be an economic nationalist prone to subverting the internationalist world economic order that has endured […]

Trump: Business Nationalist or Internationalist?

January 5, 2017 James Nolt 0

During recent weeks I have been discussing with friends and colleagues what to expect from a Trump presidency. As regular readers of this blog know, […]

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What is missing from economics?
Private power and strategy.
This time we explore a little deeper two of your key concepts: private power and strategy with Dr. Nolt.
What causes financial crises?
This video explains that financial crises have simple explanations. Economists teach that they are extraordinary and unexpected phenomena, not explicable from normally stable economic processes. We will discuss why this misses an obvious explanation for the regular occurrence of such crises through history.