Observations

Historical Perspectives on the Economic Crisis

Analysis will include discussion of global economic imbalances, policy failures, and flawed political and economic thinking that led to the world economic crisis of 2008 – 2010. Part of the planned discussion will also include a review historical experience of the twentieth and twenty-first centuries. We will provide a critical review of some important economic [...]

Economics is Not Hard Science

The global crisis unleashed with the collapse of major financial institutions has laid bare many pretensions about economics as a hard science. Many establishment economists failed to see the onset of the crisis and harbored illusions about the efficiency of free markets and the ability of markets to regulate themselves. As a result of the [...]

Information

Daily Journal

Duly Recorded Monday, October 10, 2011 Fair trade for the United States is not the same thing as chauvinistic nationalism or jingoism. The need for fair trade that does not penalize American workers does not have to be expressed in jingoistic nationalist or racist terms. This simply obscures the fact that free trade fallacy is [...]

An Experimental Journal on Political Economy and World Issues

This blog is an experimental vehicle for posting observations, factual references, and drafts of longer articles for more formal publication in the future.

Noteworthy

Economics in the Public Interest

The goal of this site is to develop and present ideas and policy recommendations that serve the public interest and not that of powerful minorities. We do not accept the premise that democratic governments should play no role in correcting egregious market failures or that poverty and inequality are inevitable. We believe that the issue [...]

Global Analyst Online

This is a new blog on global issues. The editor seeks to present critical analysis of world economic issues and some original content. The site will contain a combination of brief comments plus longer essays, articles and factual reports. This is an updated version of this post.