Reading

Created
Sun, 07/12/2025 - 23:08
A eureka moment in the pub could help transform our understanding of the ground beneath our feet. By George Monbiot, published in the Guardian 5th December 2025 It felt like walking up a mountain during a temperature inversion. You struggle through fog so dense you can scarcely see where you’re going. Suddenly, you break through […]
Created
Sun, 07/12/2025 - 20:34
The Hahn problem stands as a profound and frequently ignored embarrassment for monetary economics. Frank Hahn, writing in the 1960s and 1970s, posed an apparently disarmingly simple question: how can money — intrinsically worthless printed paper — possess value in a perfectly competitive general-equilibrium economy? In the mainstream Arrow–Debreu world, individuals hold only assets that […]
Created
Sun, 07/12/2025 - 07:50
Dear ES/PE community members, find below and benefit from an abundant list of great academic opportunities: 20 calls for papers for conferences (some are partly and fully funded) and special issues, 9 postdoc positions, 4 job openings, 3 PhD scholarships, a course, and an award in economic sociology, political economy, and broadly related fields, with deadlines […]
Created
Sun, 07/12/2025 - 02:07
The server migration is complete, and DNS propagation is underway. If the posts you see suddenly changed, that’s why. As I wrote yesterday (in a disappeared post) most comments from yesterday after the snapshot used for the migration are taken are gone as the server was migrated from that snapshot of the site. Any comments […]
Created
Sat, 06/12/2025 - 21:07
. Var vi har Timbrohögern och liberalerna i den här frågan vet vi sedan länge. Vad som däremot förvånar är att en annars så sansad ekonom som Lars Calmfors tydligen valt att ‘sälja ut’ sitt anseende och pondus i den här typen av viktiga samhällsekonomiska frågor genom att medverka i en ‘utredning’ finansierad av Stiftelsen […]
Created
Sat, 06/12/2025 - 10:36
As part of fixing the site I’m migrating to a new service provider. A snapshot has been taken of the site from earlier today. That means this post will probably disappear tomorrow, and I will not be approving any comments till the site migration completes, except perhaps on this post, if I did, they’d likely […]
Created
Sat, 06/12/2025 - 05:00

Season’s Greetings from the Mortons!

We know many of you look forward to opening your mailbox each December to receive the Morton annual Christmas card and extensive family newsletter. It brings us no good tidings to let you know that we’ve made the difficult decision to paywall it.

As the years have gone by, the letter has grown in scope. When we sent the first Christmas newsletter, we were just a two-person operation in a small home in Middlebury. Now we have to cover nine busy family members across four states. And sometimes Jessica has a boyfriend. It’s a big operation, and Clare had to learn Microsoft XL or whatever it’s called.

Everybody on our list will receive the Morton Christmas Card featuring a candid photo of us down by the lake, wearing matching outfits. And while we love everyone who receives our card, those who subscribe and support our family’s essential end-of-year work will get even more of our love.

Join the Morton Friend Tier for $17.00 to receive:

Created
Sat, 06/12/2025 - 04:17
I spent a good chunk of the afternoon watching l’Etabli, the film of Robert Linhart’s book (which I own but have never read). It is an arresting depiction of the brutality of the assembly-line and the racalialised hierarchies at work in the factory. The theme of the film is of a Maoist cadre from an […]