A review of five works on economics and the economy published in the late 1990s. It was my first significant article for the magazine Black Flag, whose editorial committee I had just joined. It appeared in Black Flag No. 215 (1998)
(more…)Category: Economics
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Review: Debunking Economics
Review of an excellent book on the weaknesses of neo-classical economics by post-Keynesian economist Steve Keen. An expanded second edition appeared a few years later.
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Review: After the New Economy
Review of an excellent book by Doug Henwood about the 1990s “New Economy” hype.
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Capitalism in crisis, again!
A few comments on the continuing crisis in the stock markets from the late 2000s, discussing how economic ideology contributed to it and how capitalism has always been based on socialising costs and risk while privatising profits.
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Credit Crunch: The return of depression?
An article from 2008 on the Global Financial Crisis and its roots within the inherent contradictions of capitalism.
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