Tag Archives: Neoclassical Economics

Global billionaire wealth tops $10 trillion as COVID-19 deaths mount

Posted on October 9, 2020 by Luther Blissett

By Jacob Crosse Source: WSWS.org The collective wealth of the world’s 2,189 billionaires has risen to $10.2 trillion, an increase of nearly $1.3 trillion in the past three years, according to a new report by the Swiss bank UBS and … Continue reading →

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Luddism and Economic Ideology

Posted on June 6, 2017 by Luther Blissett

Source: the HipCrime Vocab Smithsonian Magazine has a very good feature on the Luddites, well worth a read. There are many elements you just don’t read in many economic histories; for example, the 40-hour work week was not brought down … Continue reading →

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The true value of money

Posted on October 22, 2015 by Luther Blissett

Economics needs a revolution. By David Orrell Source: Adbusters This sentiment has been expressed by people from the physicist turned hedge-fund manager Jean-Philippe Bouchaud (in a 2008 paper), to the Bank of England’s Andrew Haldane (in a 2014 foreword for … Continue reading →

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