Category Archives: Economics

Economists and Merkel’s migrants

Greg Cochran writes: Someone polled a number of prominent economists whether the influx of refugees into Germany beginning in 2015 will generate net economic benefits for German citizens over the succeeding decade. About half said yes, a little less than … Continue reading

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Small Is Beautiful: Economics as if People Mattered by E.F. Schumacher (7-20-18)

* The education and Catholic conversion of E.F. Schumacher. From the Amazon reviews: * Small Is Beautiful is Oxford-trained economist E. F. Schumacher’s classic call for the end of excessive consumption. Schumacher inspired such movements as “Buy Locally” and “Fair … Continue reading

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23 Things They Don’t Tell You About Capitalism by Ha-Joon Chang

From Amazon.com: The acclaimed Ha-Joon Chang is a voice of sanity-and wit-in this lighthearted book with a serious purpose: to question the assumptions behind the dogma and sheer hype that the dominant school of neoliberal economists have spun since the … Continue reading

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Kevin Michael Grace Book Club: Nassim Nicholas Taleb’s Skin in the Game (6-8-18)

Skin in the Game: Hidden Asymmetries in Daily Life #1 NEW YORK TIMES BESTSELLER • A bold new work from the author of The Black Swan that challenges many of our long-held beliefs about risk and reward, politics and religion, … Continue reading

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Is Anyone Who Opposes Free Trade A Bigot?

Comment: My thanks to Profs. Mankiw, Mansfield and Mutz for pointing out that anyone who questions free trade is a bigot, xenophobe and isolationist. I had thought that this heresy might spring from the life experience of Americans, unhappily not … Continue reading

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