Books

Created
Mon, 31/03/2025 - 05:24
by Glory M. Liu* People like to fight over Adam Smith. To some, the Scottish philosopher is the patron saint of capitalism who wrote that great bible of economics, The Wealth of Nations (1776). Its doctrine, his followers claim, is that unfettered markets lead to economic growth, making everyone better off. In Smith’s now-iconic phrase, […]
Created
Sun, 23/02/2025 - 00:48
by Patrick Honohan*, Governor of the Central Bank of Ireland (2009-15) That politicians should leave it to central banks to set interest rates in such a way that price stability is maintained (and restored whenever it is lost), has been an article of faith with most economists, especially since the stagflation of the 1970s given […]
Created
Wed, 05/02/2025 - 19:04
I am devastated by the heartbreaking news of the tragic death of Michael Burawoy, a preeminent, inspiring, and brilliant sociologist, and above all, an extraordinary and gentle human being. What an unfathomable contrast lies between a fleeting, detached report in a local newspaper about a hit-and-run accident that claimed the life of an “Oakland resident” […]