History is not a science — it doesn’t predict the future, or “repeat itself.” But studying history does develop critical thinking and other great skills. It shouldn’t be minimized!
Tag Archives: capitalism
Labor Productivity
People oversimplify the idea of productivity, and the basic concept is pretty simple (Productivity = Output/Input). But the modern world economy, due to technology, social forces, etc. makes the definition of “productivity” a bit more interesting …
The Problem with “Degrowth”
Why Is This Economic Model Consigned to Such an Ignominious Little Left-wing Niche? In 1972, the Club of Rome published its alarmist report The Limits to Growth. 52 years ago, the world had not yet discovered climate panic. Indeed, climate science was still developing its nascent modeling techniques – not yet recognized by a generalContinue reading “The Problem with “Degrowth””
Is the Age of Neoliberalism Finally Over?
Neoliberalism has become an epithet in economic circles lately, but what replaces it? It’s time to move on beyond the politically charged labels we hear in election campaigns …
Geopolitics – Now More Than Ever
Nations always compete with one another. But, their goals need not involve wars — welcome to the new world of trade competition, the new geopolitics!
The Growth Game
Since the Club of Rome’s 1972 report Limits to Growth we have seen both decline and resurgence of its conclusions — what comes next in macroeconomic analysis?
Internal Contradiction of Liberalism
Under attack from both Left and Right, liberalism today seems truly endangered, should it be?
Does Democracy Have a Future in America?
Why do things look grim for liberal democracy these days? How can our traditional democratic values fight back? Can we get together on any unimpeachable authority?
What Is Money?
From simple barter economies to cryptocurrencies, wealth and capital have transformed themselves through history, but in some ways stay the same …
Coming Cold War with China: Good or Bad?
What is at the root of the new cold war with China? Looking at different forms of imperialism …
Warp and Woof 