The Triumph of Fantasy over Science, Part 2
How to take back economic policy from the damaging fantasies of neoclassical economics.
Posts
The Triumph of Fantasy over Science, Part 1
/11 Comments/in Economic Growth, Economic Policy, Environment, Sustainability, The Daly News /by Brian CzechHow in the world did fantasy become the basis for economic policy in the real world?
Growth and Free Trade: Brain-Dead Dogmas Still Kicking Hard
/7 Comments/in Consumption, Economic Growth, Economic Policy, Environment, Sustainability, The Daly News /by Brian CzechOf course, it’s better to be rich than poor, but the conventional approaches for making us rich — GDP growth and free trade — no longer apply.
Neoclassical Economist Recants Key Article of Faith
/9 Comments/in Economic Growth, Economic Policy, Environment, Steady State Economy, The Daly News /by Brian CzechEric Zencey explains why GDP is an indicator for amnesiacs.
Book Review: Economics Unmasked: From Power and Greed to Compassion and the Common Good by Phillip B. Smith and Manfred Max-Neef
/3 Comments/in Consumption, Economic Policy, The Daly News /by Brian CzechMIT-PhD-IMF-BMW. Although this career path may benefit specific economists, it fails to serve the common good.
Not Production, Not Consumption, but Transformation
/6 Comments/in Consumption, Economic Growth, Steady State Economy, Sustainability, Technology, The Daly News /by Brian CzechYou can always count on Herman Daly to ask the critical questions: “How did this nonsense come into economics?”
A Liberating (but Damned Uncomfortable) Conversion
/9 Comments/in Economic Growth, Economic Policy, Monetary Policy, Money and Investments, Sustainability, The Daly News /by Brian CzechHerman Daly entreats economists not to eschew the wonderful wisdom of Wendell Berry.
Homo Economicus Versus Person-in-Community
/2 Comments/in Consumption, Economic Policy, The Daly News /by Brian CzechHerman Daly takes aim at a major flaw of neoclassical economics, along with the wrong-headed policies of globalization.
Make It Forty-Four Shades of Green
/9 Comments/in Economic Growth, Technology, The Daly News /by Brian CzechBrian Czech delivers surprising and encouraging news from the Eastern Economic Association.