Economics

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Aug 9
27 min

I hate economics

I'm an imbecile at economics. Over the years, I've tried to educate myself, but it never really works. My brain does philosophy and psych...

Jul 19, 2019
3 min

Thoughts on planning vs. the market

Been reading The People's Republic of Walmart: How the World's Biggest Corporations Are Laying the Foundation for Socialism. It's a good ...

May 31, 2016
1 min

Random notes on Hannah Arendt, Max Weber, economics, and traditional China

Years ago I read and took some notes on various works by Hannah Arendt. In particular her classic Origins of Totalitarianism. It's a grea...

Jan 12, 2016
6 min

Fragments on bourgeois ideologists

On neoclassical economics.— Milton Friedman wrote a famous article in 1953 called “The Methodology of Positive Economics,” in which he ar...

Sep 26, 2015
7 min

Economics as class war

Reading the Chomsky-recommended Political Economy and Laissez-Faire: Economics and Ideology in the Ricardian Era (1986), by Rajani Kanth....

Sep 5, 2015
4 min

Thoughts on Marxian economics

According to Karl Marx, capitalism functions in such a way that its appearance differs from its essence. What happens in the marketplac...

Aug 6, 2015
2 min

Reason vs. mainstream economics

Classical and neoclassical economics are silly. Maybe at times they stumble into a good idea or two, but the foundation is unreal. Let’s ...

Feb 22, 2015
2 min

The coming great depression

The following is a resolution proposed at a Chicago conference of the Communist Party’s Unemployed Councils in 1930, in the context of th...

Feb 11, 2015
2 min

Capitalism, socialism, and planning

Ideological hacks like Friedrich Hayek and his contemporary disciples pretend that the difference between capitalism and socialism is tha...

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