Reading
Karl Marx, Das Kapital (1867) Thorstein Veblen, The Theory of the Leisure Class (1899) Joseph Schumpeter, The Theory of Economic Development (1911) Nikolai Kondratiev, The Major Economic Cycles (1925) Gunnar Myrdal, The Political Element in the Development of Economic Theory (1930) John Maynard Keynes, The General Theory (1936) Karl Polanyi, The Great Transformation (1944) Paul […]
An economic theory that does not go beyond proving theorems and conditional ‘if-then’ statements — and does not make assertions and put forward hypotheses about real-world individuals and institutions — is of little consequence for anyone wanting to use theories to better understand, explain or predict real-world phenomena. Building theories and models on patently ridiculous […]

The little-known painter who found beauty in bugs, transforming pests into wondrous creatures and works of art
- by Aeon Video

Self-control, grit, growth mindset – trendy skills won’t transform children’s lives, but more meaningful interventions can
- by Tyler W Watts

- by Helen Jukes
Pay talks are set to resume after a five-day walkout ended last Wednesday. Maira Rana does the math in defence of the strike
Last Friday (August 1, 2025), the US Bureau of Labor Statistics published their latest – Employment Situation Summary – for July 2025. What followed was somewhat extraordinary. The data and the revisions to the previous two months data releases (which is standard practice) showed that the US labour market is in decline. It starkly runs…
President Trump could bail out private equity companies — by letting them loot your retirement plan.
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