Econamici blog

The Last Tour Guide to Leave Cuba

Mike in hand, our tour guide stands at the front of the bus. “This will be my last tour,” she announces. “I am not the same person I was six years ago. Then I was hopeful. There was so much work I didn’t have time for a break. Now it’s

John Perkins’ New Confessions of an Economic Hit Man

My father retired from the U.S. Foreign Service in 1970, shortly before John Perkins began his career as an economic consultant— “economic hit man”— with the engineering firm, MAIN. Perkins traveled to Indonesia, Panama, Colombia, Iran, Saudi Arabia and elsewhere. His job was to convince leaders to undertake wildly overambitious

The Economics Anti-Textbook: A Critical Thinker’s Guide to Microeconomics, by Rod Hill and Tony Myatt

It was the perfect “natural experiment:” in April 1992, New Jersey’s minimum-wage was scheduled to rise from $4.25 an hour to $5.05, while neighboring Pennsylvania’s minimum wage remained unchanged. Princeton economists David Card and Alan Krueger surveyed over 400 fast food outlets in both states, before and after the increase,

It Takes Government to Create Markets: Alex Marshall’s The Surprising Design of Market Economies

Conventional economics wittingly or unwittingly provides cover for the One Percent, by professing that “the market” operates benevolently on its own. Alex Marshall gives us an entertaining, thoughtful, and well-written antidote to this dangerous abstraction.

It Takes Government to Create Markets: Alex Marshall’s The Surprising Design of Market Economies

Conventional economics wittingly or unwittingly provides cover for the One Percent, by professing that “the market” operates benevolently on its own. Alex Marshall gives us an entertaining, thoughtful, and well-written antidote to this dangerous abstraction.
Filter by Year

Tags