I came across this gem while reading Hayek’s discussion of private monopoly and competition in Law, Legislation and Liberty. Hayek is discussing the relationship between competition and economic rationality, disputing…
Reblogged from Pluto Press – Independent Progressive Publishing: Ann Cahill, European Correspondent for the Irish Examiner, reviewed David Cronin’s new book, Corporate Europe: How Big Business Sets Policies on Food,…
Reblogged from Greek Left Review: originally posted at Chronos Mag Political scientist Giorgos Katsambekis talks with distinguished professor at UCL, Philippe Marlière, who specializes in European and French politics Giorgos…
Orthodox economists have failed their own market test | Seumas Milne | Comment is free | The Guardian. From any rational point of view, orthodox economics is in serious trouble.…
Academics back students in protests against economics teaching | Education | The Guardian. A prominent group of academic economists have backed student protests against neo-classical economics teaching, increasing the pressure…
Ponzi Austerity: A Definition And An Example – Social Europe Journal. For a while now I have been arguing that Europe’s policies for reducing the public debts of fiscally stressed…
The Grand Old Tea Party | The Nation. A Democratic president begins a new term in the White House. Two years later, America votes a cadre of aggressive conservatives into…
Crash! A brief history of modern global capitalism – audio slideshow | Comment is free | theguardian.com. An amazing slideshow of a century of capitalist development and economic crisis narrated…
Debt and Deficit as Shock Therapy » CounterPunch: Tells the Facts, Names the Names. When Naomi Klein published her ground-breaking book The Shock Doctrine (2007), which compellingly demonstrated how neoliberal…
Belgium: Class Trade Unionism Seeks Political Expression | The Bullet No. 893. In the social and political history of Belgium, May 1, 2012, could mark a milestone. On that day…
This post continues from my previous post about on the Putney Debates; a debate that took place between Cromwell and the Army Grandees on the one hand, and the representatives…
On October 28, 1647, an extraordinary debate occurred at Putney Church in London. Representatives of the New Model Army rank and file – Agitators – met with members of the…
The grip of privatisation on our vital services has to be broken | Seumas Milne | Comment is free | The Guardian. Any doubts about who really controls Britain should…
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=10912 Academia is not usually considered a low-wage field, but adjunct professors around the country are organizing for higher pay and better working conditions like retail and fast food workers…
Mainstream economics is in denial: the world has changed | Aditya Chakrabortty | Comment is free | The Guardian. Rebellions aren’t meant to kick off in lecture theatres – but…
Reblogged from Academe Blog: By Joe Berry This is the first in a series of Academe Blog guest posts arranged by the AAUP Committee on Contingency and the Profession in…
From Plutarch’s Moralia: When the Megarians had expelled Theagenes their tyrant, for a short time they were sober and sensible in their government (politeia). But later when the popular leaders…
Reblogged from Revolting Europe: Javier López* The crisis is having a devastating impact on essential public services such as education. Until 2009 the public expenditure on education was approaching the…
Economics students aim to tear up free-market syllabus | Business | The Guardian. Undergraduates at Manchester University propose overhaul of orthodox teachings to embrace alternative theories Phillip Inman, economics correspondent…
Chris Hedges: Let’s Get This Class War Started – Chris Hedges – Truthdig. By Chris Hedges “The rich are different from us,” F. Scott Fitzgerald is said to have remarked…
