Economics and similar, for the sleep-deprived
A subtle change has been made to the comments links, so they no longer pop up. Does this in any way help with the problem about comments not appearing on permalinked posts, readers?
Update: seemingly not
Update: Oh yeah!
Saturday, July 24, 2010
A point I ought to bear in mind significantly more than I usually do ...
Like most heterodox economists, I have this vague idea at the back of my mind that if people took nonergodicity, nonlinearity and similar concepts more seriously, we would have an economics that wasn't quite so polluted by laughable rationalisations of right wing deflationist bollocks.
See yesterday's Krugman blog for a classic example of why that isn't at all necessarily true. Hetecon is just as good a toolkit for justifying spurious austerity measures and tax cuts as conventional economics, unfortunately. The war will never be won, all one can do is try to minimise the casualties.
(I first noticed this a while ago; although there was massive overlap between the Progressive Economists' Network and the Post-Keynesian Thought mailing lists, the median politics of PKT were always much more conservative than those of PEN. I always wondered why, not realising for ages that it was because one list was a self-identified left-wing list and the other, well, wasn't)
this item posted by the management 7/24/2010 03:56:00 AM