How monetary myths conceal power Asad Zaman Modern economics rests on a dangerous illusion: that abstract, universal laws – derived primarily from the European experience…
neoliberalism
Milei’s “Radical Plan”, revisited – part 2 Peter Rock-Lacroix In 2023, Javier Milei pitched dollarization as the path toward prosperity for Argentina. Two years on,…
Milei’s “radical plan”, revisited – part 1 Peter Rock-Lacroix In 2023, Javier Milei pitched dollarization as the path toward prosperity for Argentina. Two years on,…
The return of full employment – part 1 Steven Hail How the unemployed became a tool to discipline workers and keep wages down, and why…
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, […]
Universities: dead, buried and cremated? Geoff Davies In the late nineties, the management of the Australian National University was attacking its academic staff. That may…
What are the philosophical and empirical dimensions of the association of neoliberalism with free markets and why are they so hard to shake off? My latest articles argue that we need to dispel the neoliberalism = free markets couplet and re-evaluate how we assess neoliberalism.
The post All that has never been true: the dismal ruins of the neoliberalism = free markets assumption appeared first on Progress in Political Economy (PPE).
by Tamar Barkay* Are the inverse trajectories of internal corporate social responsibility (CSR) and the decline of organized labor in the past decades linked? If so, how?These questions arise from three widely recognized observations. First, since the 1980s, most OECD countries have experienced a decline in unionization and union density rates (Visser, 2012). Second, following […]
2024 Nobel Prize for economics Revealing the bankruptcy of conventional economics Ted Trainer The 2024 Nobel Prize for economics has gone to two economists for…
by Donni Wang* ———–* Donni Wang holds a PhD in Classics from Stanford University. Her research on non-capitalist modes of economics in ancient Greece is featured in her book Before the Market: The Political Economy of Olympianism. Now an independent scholar and historian, she is dedicated to paradigm change through both academic and creative approaches. *****While […]