Exploring Economics

Food for thought … [T]he economists’ tragedy: The ambition to create the ultimate model results in a theory of human behaviour which cannot hold unless the humans populating the model operate like inanimate algorithms following slavishly a particular script. The moment you introduce creativity and a capacity to subvert the

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The network of global corporate control

“The structure of the control network of transnational corporations affects global market competition and financial stability. So far, only small national samples were studied and there was no appropriate methodology to assess control globally. We present the first investigation of the architecture of the international ownership network, along with the

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Leftist debate on politics and power

A fascinating exchange of ideas on, amongst other things, the limits of the Occupy movement and the need to explore ways to bring about change of (not in) the system through the exercise of political power. Protests alone are an important start but, according to expert leftists and activists will

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Quote of the day

“WikiLeaks has broken not just a barrier of secrets but more, pertinently, the barrier of privilege. In one foul swoop we the public have got (only) a mere glimpse into a world where dictators sit down with the representatives of democracy to discuss new wars, heads of state premeditatedly plan to fake ignorance before their […]

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