Tag Archives: Economics
George Cooper – Money, Blood and Revolution
Who would you turn to if the discipline of economics was in a crisis and you were looking for a solution: Mr Spock or Captain Kirk? Mr Spock would work through the existing data with methodical rigour and implacable logic, while Captain Kirk would make an intuitive leap in the manner of Copernicus or Darwin, and show us an entirely new way of looking at the problem. In his book, Money, Blood and Revolution, George Cooper contends that what economics needs right now is a Captain Kirk, to provide a paradigm shift by simply taking a different perspective on the existing picture. Tim comes blundering in with all the insight … Continue reading
Posted in Cultural History, Economics
Tagged Blood, Cooper, Economics, George, Money, Revolution
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Nicholas Wapshott – Keynes Hayek – The Clash That Defined Modern Economics
Can government action fix a broken economy? Eighty years ago John Maynard Keynes and Friedrich Hayek arrived at diametrically opposed conclusions. Far from being a dry and technical academic argument, it was then and is now the central division within political economy. The story of the row between these men and their followers is explosive and astonishingly bad-tempered. Bring up the subject with any politician or social scientist and they will be aware of this story. But only now has anybody written the book. There’s nothing Tim Loves more than a knock-down, drag out, punch up between intellectual heavyweights, so he met Nicholas Wapshott at his London publishers to talk … Continue reading
Posted in Biography, Cultural History, Economics, History, Politics
Tagged Economics
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