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Capital in the Twenty-First Century
The majority of economics that Americans are going to encounter is fairly limited-- the names Krugman, Friedman, Smith emerge, but to what extent do w ...more
Dec 2014
Nov 29, 2014
The Accumulation of Capital
In a day when Marxist thought in America is all too frequently associated with vague hippie sentiment, it's good to know that one can be a passionate ...more
Jul 2013
Jul 20, 2013
Capitalism, Socialism and Democracy
In the wake of the Second World War, Joseph Schumpeter wrote an exceptionally intriguing book that everyone, capitalist or socialist in persuasion, sh ...more
Mar 2013
Mar 14, 2013
23 Things They Don't Tell You About Capitalism
Ha-Joon Chang wields powerful analytical weapons, my friend.

The free market doesn't work. I've got a strong sympathy for Marx, so I didn't really need
Sep 2012
Sep 19, 2012
Capital, Vol 1: A Critical Analysis of Capitalist Production
After cogitating on Marxist theory for years, I finally read the entirety of Volume One of Capital. Yay. What surprises me (and apparently a lot of pe ...more
Mar 2009
Mar 01, 2009
The Worldly Philosophers
Raise your hands if you've read The Wealth of Nations. Keynes' General Theory. Any of Capital beyond Volume 1? Or even Volume 1 itself? Economics, rea ...more
Nov 2014
Nov 15, 2014
Globalization and Its Discontents
Joseph Stiglitz is the sort of thinker who can appeal to pretty much everyone on the political spectrum, conservative, liberal, and leftist. While tho ...more
Apr 2013
Mar 26, 2013
The Price of Inequality: How Today's Divided Society Endangers Our Future
If you know Stiglitz's work at all, The Price of Inequality is exactly how you'd imagine he'd write a book about the monumental irrationality of our u ...more
Jan 2015
Jan 05, 2015
Production of Commodities by Means of Commodities: Prelude to a Critique of Economic Theory
An unusually dense and technical work that, while not heavy on the math, is a hard climb for anyone other than trained economists. Few emphatic statem ...more
Feb 2015
Feb 18, 2015
The Return of Depression Economics and the Crisis of 2008
I disagree with Krugman on a number of fundamental points. As more of a market skeptic than he, I am less inclined to believe that simple, technical f ...more
Jul 2012
Jul 23, 2012
The Economics of Discrimination
While it might not be fashionable (and possibly not even correct) to reduce human behavior to a set of numbers, Gary Becker does a good job of it and ...more
Oct 2008
Oct 11, 2008
The Great Unraveling: Losing Our Way in the New Century (Updated and Expanded)
What I dig about Krugman in the articles I've read of his is his remarkable ability to convert dense, calculus-derived economic concepts into everyday ...more
Jan 2009
Jan 21, 2009
Poverty and Famines: An Essay on Entitlement and Deprivation
Sen's theory fundamentally holds water. I'm not sure how this would hold up to the reader who doesn't really care that much about political economy, b ...more
Sep 2008
Sep 28, 2008
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