Economics

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Marxism: The Concise Encyclopedia of Economics. More than a century after his death, Karl Marx remains one of the most controversial figures in the Western world.

Marxism: The Concise Encyclopedia of Economics

His relentless criticism of capitalism and his corresponding promise of an inevitable, harmonious socialist future inspired a revolution of global proportions. It seemed that—with the Bolshevik revolution in Russia and the spread of communism throughout Eastern Europe—the Marxist dream had firmly taken root during the first half of the twentieth century. That dream collapsed before the century had ended. The people of Poland, Hungary, Czechoslovakia, East Germany, Romania, Yugoslavia, Bulgaria, Albania, and the USSR rejected Marxist ideology and entered a remarkable transition toward private property rights and the market-exchange system, one that is still occurring. Transformers 4 is a master class in economics. Transformers: Age of Extinction is the fourth Transformers movie made by Michael Bay, and it's inarguably one of the four best Transformers movies Michael Bay has ever made.

Transformers 4 is a master class in economics

Even so, a lot of "critics" seem to have misread the movie entirely. At the New York Times, A.O. Scott frets over the film's "narrative incoherence. " Databases. How ISIS is exploiting the economics of Syria's civil war. The guy who beat Eric Cantor penned a scathing, seemingly unpublished book about the economics profession. Blogs.worldbank. This post is co-written with Ricardo Mora and Iliana Reggio The difference-in-difference (DID) evaluation method should be very familiar to our readers – a method that infers program impact by comparing the pre- to post-intervention change in the outcome of interest for the treated group relative to a comparison group.

blogs.worldbank

The key assumption here is what is known as the “Parallel Paths” assumption, which posits that the average change in the comparison group represents the counterfactual change in the treatment group if there were no treatment. It is a popular method in part because the data requirements are not particularly onerous – it requires data from only two points in time – and the results are robust to any possible confounder as long as it doesn’t violate the Parallel Paths assumption.

Noam Chomsky (2014) "How to Ruin an Economy; Some Simple Ways" Taking-on-adam-smith-and-karl-marx. Photo PARIS — Thomas Piketty turned 18 in 1989, when the fell, so he was spared the tortured, decades-long French intellectual debate about the virtues and vices of communism.

taking-on-adam-smith-and-karl-marx

Even more telling, he remembers, was a trip he took with a close friend to Romania in early 1990, after the collapse of the Soviet empire. The farm bill: A trillion in the trough. CBO: Obamacare Is A Tax On Work, May Cut Full-Time Workforce By 2.5 Million. Economics Daily Digest: Progressives have a lot to celebrate and fight for. By Rachel Goldfarb, originally published on Next New Deal Click here to receive the Daily Digest via email.

Economics Daily Digest: Progressives have a lot to celebrate and fight for

The 25 Best Progressive Victories of 2013 (HuffPo) US economy grew at surprise 2.8% rate in 3rd quarter. US economy grew at surprise 2.8% rate in 3rd quarter. Market Awaits 'Unprecedented' Reforms In China. Emerging economies: The Great Deceleration. WHEN a champion sprinter falls short of his best speeds, it takes a while to determine whether he is temporarily on poor form or has permanently lost his edge.

Emerging economies: The Great Deceleration

The same is true with emerging markets, the world economy’s 21st-century sprinters. After a decade of surging growth, in which they led a global boom and then helped pull the world economy forwards in the face of the financial crisis, the emerging giants have slowed sharply. China will be lucky if it manages to hit its official target of 7.5% growth in 2013, a far cry from the double-digit rates that the country had come to expect in the 2000s. Growth in India (around 5%), Brazil and Russia (around 2.5%) is barely half what it was at the height of the boom. America’s public finances: The Unsteady States of America. Λόγος. "Logic might be imagined to exist independent of writing - syllogisms can be spoken as well as written - but it did not.

λόγος

Speech is too fleeting to allow for analysis. Logic descended from the written word, in Greece, as well as India and China, where it developed independently. Logic turns the act of abstraction into a tool for determining what is true and what is false: truth can be discovered in words alone, apart from concrete experience. Logic takes its form in chains: sequences whose members connect one to another. Conclusions follow from premises. The biggest obstacle to a stronger economic recovery.

Sometimes, a simple, eight-word headline can say quite a bit: “Fed Chief Calls Congress Biggest Obstacle to Growth.”

The biggest obstacle to a stronger economic recovery

The Federal Reserve’s chairman, Ben S. Bernanke, said Wednesday that Congress is the largest obstacle to faster economic growth, and he warned that upcoming decisions about fiscal policy could once again undermine the nation’s recovery. “The economic recovery has continued at a moderate pace in recent quarters despite the strong headwinds created by federal fiscal policy,” Mr. Bernanke said in the opening line of his prepared remarks to a Congressional committee.Moreover, he said, Congress could make things worse later this year. “The risks remain that tight federal fiscal policy will restrain economic growth over the next few quarters by more than we currently expect, or that the debate concerning other fiscal policy issues, such as the status of the debt ceiling, will evolve in a way that could hamper the recovery,” he said. Access: Reflections on studying up in Hollywood. This is an article about the difficulties of doing ethnography in relatively enclosed and secretive communities, based on my experience of trying to launch an ethnographic study of Hollywood.

Access: Reflections on studying up in Hollywood

I consider (separately) the problems of doing participant observation in ‘inside’ locations, and the problems of gaining access to industry insiders for interviews. In response to the problem of doing participant observation, I propose the practice of what I call ‘interface ethnography’, attending events in which the closed institution presents itself to ‘the public’. In response to the problem of gaining access to insiders for interviews, I discuss the important role of the interviewee’s ‘interest’, whether practical or intellectual, in the project. © The Author(s) 2010.

IMF Warns Of Global Slowdown. International Monetary Fund chief Christine Lagarde on Sunday singled out the U.S.

IMF Warns Of Global Slowdown

Congress for failing to avert across-the-board spending cuts that slow down potential for growth. She called U.S. deficit reduction in 2013 excessively rapid and ill-designed. Copyright © 2013 NPR. For personal, noncommercial use only. See Terms of Use. Formal Broadband Plans Spur Economic and Social Development. Two Asian nations – Korea and Singapore — have managed to leapfrog multiple stages of economic development and have transformed into economic miracles. This comes as no accident, in part, because both have taken a planned approach to technological development, starting with national broadband plans, which has led to increased broadband adoption, and successive waves of economic growth.

A new report by the UN Broadband Commission and Cisco shows that Korea and Singapore are the most notable examples of a statistically significant trend -- Countries that embrace national broadband plans have increased broadband adoption. Canuckish : The efficiency of private... News Republic. The Independent Friday, June 28, 2013 9:18 AM GMT Britain’s roads are the safest they have ever been - for everyone except cyclists. According to government statistics, road casualties have dropped to 1,754 a year - the lowest since records began in 1926. By comparison, deaths and injuries among cyclists rose sharply. International Labor Markets: All Tree, No Forest by Jeff Van Geete on Prezi. Gangster Bankers: Too Big to Jail | Politics News.

Sal Khan @ MIT. Starship Citizens. Guns end a lot more conversations than they start, which means they're probably not an ingredient for cohesive societies. Moreover, how can these weapons be the sole protection of 'inalienable' human rights, given by God, when they were only invented 600 years ago? Were my rights not sovereign prior to the 14th century - are these definitions not given by institutions of law, and therefore in no way 'inalienable'?

That which is given can be taken away! How Nations Succeed: What's the Secret to Ending Poverty? Austerity's Spreadsheet Error - The Colbert Report - 2013-23-04. Austerity's Spreadsheet Error - Thomas Herndon - The Colbert Report - 2013-23-04. Reinhart, Rogoff Backing Furiously Away From Austerity Movement. Under steady attack after their seminal research was found to be riddled with errors, Harvard economists Carmen Reinhart and Kenneth Rogoff are making a show of backing away from the austerity that their research encouraged. They claim that their views on austerity have never changed, but the record tells a different story. They're still trying to have it both ways -- advocating for government belt-tightening while trying to avoid being seen as political. International Labor Markets: All Tree, No Forest by Jeff Van Geete on Prezi.

Reinhart, Rogoff Admit Excel Mistake, Rebut Other Critiques - Real Time Economics. Grad Student Who Shook Global Austerity Movement. Google Actualités. Url?sr=1&ct2=us%2F7_0_s_0_1_a&sa=t&usg=AFQjCNFifi1yhdLNCzkxhDzxvMdFDyz-iA&cid=52778084983329&url=http%3A%2F%2Fwww.theatlantic. The Twitter Underground Economy: A Blooming Business | The Barracuda Labs Internet Security Blog. The World Bank. Economic Research & Data.

The Third Industrial Revolution: How Lateral Power Is Transforming Energy, the Economy, and the World (9780230115217): Jeremy Rifkin. Browse by Category, Concise Encyclopedia of Economics. Budget and Economic Outlook: Fiscal Years 2011 to 2021. United States federal budget. Report of the World Commission on Environment and Development: Our Common Future - A/42/427 Annex. U.S. Falls In World Education Rankings, Rated 'Average' About Freakonomics: The Movie. Complex Systems. Protect IP Act Senate whip count - OpenCongress Wiki.

Global Financial Crisis: A World in Debt. Anthroponomics. Financial & Economic Infographics - VisualEconomics.com. UEMOA: West African Econ. & Monetary Union.

Econ blogs i follow

The Economy and the Economics of Everyday Life - Economix Blog. Economics and Politics by Paul Krugman - The Conscience of a Liberal. The Atlas of Economic Complexity. Poverty and Financial Distress Would Have Been Substantially Worse in 2010 Without Government Action, New Census Data Show. Economist's View. The Big Picture. Behavioural Economics. Behavioural Economics Applied.