martin wolf

Important, even vital, articles from last week

By / 7 Comments / 6 April 2009

These articles are IMO among the most important from last week.  Excerpts are given below.  Note that Stiglitz and Krugman have the Nobel Prize in Economics. “Why G20 leaders will fail to deal with the big challenge“, Martin Wolf, op-ed in the Financial Times, 31 March 2009 “Obama’s Ersatz Capitalism“, Joseph E. Stiglitz, op-ed in the …

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Economics is not a morality tale

By / 24 Comments / 1 January 2015

Western civilization can be seen as the liberation of technical theory (science, in the broadest sense) from moral values.  This battle continues to this day.  It is so much easier and enjoyable to be a witch-doctor than a scientist  (again, in the broad sense as devoted to rational thought). Machiavelli divorced poltical theory from the personal …

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