Tagged: Political economy

On GDP and policy - The Dismal Science

Matt Nolan Feb 17, 2014

Excellent article over at Aeon (we linked to earlier in the week, but it deserves its own post), I’d suggest you head over and give it a read.  To quote one passage: Kuznets lost the argument about measuring social welfare over economic activity back in the 1930s. Now it’s time to put these two concepts in […] … Read More

Quote of the day: Sen on inequality and rhetoric - The Dismal Science

Matt Nolan Sep 12, 2013

I am currently disappointingly short on time, I apologise.  So I will take this chance to quote from smart people, in this case Amartya Sen on inequality again.  This time at the end of chapter one from ‘Inequality Reexamined’. The tendency to assume away interpersonal diversities can originate not only from the pragmatic temptation to […] … Read More