Later "Nobel" prize winner James Buchanan took his first policy stance by supporting segregation in Virginia via proto charter schools.
As material output increased, so to has the interest in treating poverty as a potentially solvable problem.
Looking at the damage Milton Friedman did by advocating corporate irresponsibility, which more and more orthodox economists have questioned.
Debunking some of Milton Friedman's destructive ideas, such shareholders, who only have residual claims in a company, ought to come first.
Some econmists have criticized industrial policy as zombie-crearting "macroeconomic populism." Evidence indicates otherwise.
Unemployment claims continue to increase, with nearly 20% collecting unemployment insurance. even according to the stringent claims criteria.
Lance Taylor explains that wage repression — far more than monopoly power, offshoring or technological change — is driving rising inequality.
Tracing key influences on Karl Polanyi as welll as some of his important initiatives after The Great Transformation.
A personal remembrance of the scholar and activist David Graeber.