Author: admin
Categories
Bob Sutcliffe–In Memoriam
By Arthur MacEwan Bob Sutcliffe, who died at age 80 on December 23, was an influential socialist economist over several decades. The publication that probably gained him the most attention was British Capitalism, Workers and the Profits Squeeze (1972), which Bob co-authored with Andrew Glyn, his close friend and frequent collaborator. The book became a classic among the growing movement of socialist economists in that decade, and, indeed, moved beyond radical circles to have a major impact on public debate. Yet, Bob’s life had a breadth and charm that went far beyond his professional accomplishments. At age 15, Bob took off with…
Categories
Assessing the UK Electoral Avalanche of December 2019
By John Weeks On 12 December the UK Conservative party scored a stunning victory as it buried the opposition in an electoral avalanche. As I venture some thoughts on that outcome and its implications for US politics, transparency requires that I make it clear that I supported the Labour Party and publicly endorsed its policies and disparaged its critics. My disappointment will surprise no one. How should I interpret this disastrous electoral loss by a party advocating a range of policies that I consider appropriate and essential for our country? As is the case with many complex events, I find it useful to begin with simple, even simplistic, explanations, when inspect those simple narratives for their flaws. I seek to avoid…
Categories
Econ4: Statement on Healthcare
We are economists who think that the economy should serve people, the planet and the future. The United States ranks first in the world in health care spending per person, but only 45th in life expectancy. The average American sees a doctor less often than the average Canadian, the average Briton, or the average resident of most industrial democracies. The average life expectancy of white Americans without a high school degree has fallen since 1990 by three years for men and five years for women. This paradoxical combination of first-class costs and second-rate performance is a result of a multi-…
Categories
What We’re Reading and Writing
What We’re Reading Frank Partnoy and Jesse Eisenger, What’s Inside America’s Banks and Should More Bankers Be in Prison Bretton Woods Project, The World Bank and Industrial Policy: Hands on or Hands off Michael Lim and Joseph Lim, Asian Initiatives at Monetary and Financial Integration Engelbert Stockhammer and Ozlem Oneran, Wage-Led Growth What We’re Writing C.P. Chandrasekhar, India’s Triumph in Rice Matias Vernengo, On the State of Macroeconomics Leonce Ndikumana, Austerity: A View From Africa Gerald Epstein, Rich Should Be Happy With Cliff Deal
