Social Capitalism

Synthesizing Marx, Keynes, and Schumpeter

Feathers were ruffled at Davos this year when, during a panel on “How to Trust Economics,” a speaker went rogue, accusing economists of being a “tribal clique” who only quote each other and have “blind faith” in models, however disconnected from real events they may be. The critique came not ...
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Social Capitalism

From “Boring” to “Roaring” Banking

A review of Gerald Epstein’s Busting the Banker’s Club

Harder to measure, but no less crucial, is Epstein’s identification of the intellectual “capture” of both the academy and policymaking institutions—their infiltration by financial interests and the economic paradigms that prop them up. ...

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From “Boring” to “Roaring” Banking