Tag: Microeconomics

Has Miliband tilted the axis of debate?

What a difference a speech makes. The reaction to Ed Miliband’s speech on Tuesday has been remarkable. The initial press reaction was hysterical. In a matter of minutes Miliband went from an ineffectual leader who was frittering away Labour’s poll lead through inactivity to a clear and present […]

Is a little economics dangerous?

A few weeks ago I had a brief exchange on Twitter with @unlearningecon about the possibility of introductory economics instruction going beyond teaching the neoclassical model of perfect competition and exploring alternatives. If I remember correctly our exchange didn’t get much beyond me saying that to do so […]

Liberal Democrat economics

In a post at Liberal England yesterday entitled Clegg tells Lib Dems to come out from behind the sofa Jonathan Calder responds to a brief piece in the Independent on Sunday. The Indie reports that Lib Dem ministers have been instructed to be a bit less reticent in […]

On knowing what’s going on

Leading active members of today’s economics profession … have formed themselves into a kind of Politburo for correct economic thinking. As a general rule—as one might generally expect from a gentleman’s club—this has placed them on the wrong side of every important policy issue, and not just recently […]