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kliuless (18)
-A parable for the world economy
-The economics of a parable, explained
-The Mauritius Miracle
posted by kliuless on May 12, 2011 - 9 comments

The Sharing Economy (via) [more inside]
posted by kliuless on May 5, 2011 - 12 comments

Remove the scourge of conflict - "Taming mass violence is the theme of the World Bank's latest World Development Report, which focuses on 'conflict, security and development' [pdf] ... Mass violence destroys all hopes of progress. We should make a huge effort to eliminate this scourge. It seems feasible. It is desirable. So try."
posted by kliuless on Apr 30, 2011 - 18 comments

Fareed Zakaria: Are America's Best Days Behind Us? - "We have an Electoral College that no one understands and a Senate that doesn't work, with rules and traditions that allow a single Senator to obstruct democracy without even explaining why. We have a crazy-quilt patchwork of towns, municipalities and states with overlapping authority, bureaucracies and resulting waste. We have a political system geared toward ceaseless fundraising and pandering to the interests of the present with no ability to plan, invest or build for the future. And if one mentions any of this, why, one is being unpatriotic, because we have the perfect system of government, handed down to us by demigods who walked the earth in the late 18th century and who serve as models for us today and forever. America's founders would have been profoundly annoyed by this kind of unreflective ancestor worship." [for/against]
posted by kliuless on Apr 17, 2011 - 93 comments

Out of thin air? "Have you ever said something like 'Let me buy you a beer next week'? I'm sure you have. We all issue promises of this sort. And we frequently use such promises as a form of currency... I have just described a simple credit exchange. Societies rely heavily on promising-making and promise-keeping. It is the foundation of all financial markets. I'd like to point out something about the promises you make. They are made 'out of thin air.' " [more inside]
posted by kliuless on Apr 14, 2011 - 47 comments

How to feed 9 billion people: The global food supply is starting to get tight, with increasing sensitivity to droughts and floods causing price spikes and food shortages. The UK commissioned a report to examine how to feed a planet with a population that is set to increase to 9 billion by 2050. [more inside]
posted by kliuless on Mar 22, 2011 - 50 comments

Trust, Coordination Technology* & The Experience Economy - "It could be that the nature of technological change isn't causing the slowdown** but a shift in values.*** It could be that in an industrial economy people develop a materialist mind-set and believe that improving their income is the same thing as improving their quality of life. But in an affluent information-driven world, people embrace the postmaterialist mind-set. They realize they can improve their quality of life without actually producing more wealth." (via mr) [more inside]
posted by kliuless on Feb 28, 2011 - 46 comments

Life after Capitalism - Beyond capitalism, it seems, stretches a vista of... capitalism: [more inside]
posted by kliuless on Jan 25, 2011 - 33 comments

Mother of disabled children changes country to suit their needs.
posted by maiamaia on Dec 29, 2010 - 19 comments

The Irish Banking Crisis: A Parable - What happened when the Irish stood up to the bankers in the 1970s? cf. Why Wall Street won't get shrunk & The Inequality That Matters [more inside]
posted by kliuless on Dec 17, 2010 - 38 comments

Elizabeth Warren on setting up the Bureau of Consumer Financial Protection - lecture starts here, but really starts getting good here: "I feel like this is a boring speech." stay for the Q&A.
posted by kliuless on Nov 15, 2010 - 27 comments

The Birth of Sharing Law and the Rise of Co-ops - "A new sharing economy is emerging — but how does it fit within our legal system? Time for a whole new field of cooperation law." (via wc)
posted by kliuless on Oct 22, 2010 - 30 comments

With capitalism in crisis, can it be sustained or is it altogether outdated? As Umair Haque asks though, perhaps a better question is: "are organizations and markets making decisions that help make people, communities, and society better off in the long run, by allocating their scarce resources to the most productive uses?" [more inside]
posted by kliuless on Jul 13, 2010 - 15 comments

The Politically Incorrect Guide to Ending Poverty In the 1990s, Paul Romer revolutionized economics. In the Aughts, he became rich as a software entrepreneur. Now he's trying to help the poorest countries grow rich—by convincing them to establish foreign-run "charter cities" within their borders. Romer's idea is unconventional, even neo-colonial—the best analogy is Britain's historic lease of Hong Kong. And against all odds, he just might make it happen. (via cc) [more inside]
posted by kliuless on Jun 10, 2010 - 92 comments

How to Save a Dying Ocean - "New England fishermen have mixed feelings about a programme designed to allow overfished species to recover. Mark Schrope reports on how catch shares have scientists fishing for answers." (via) [more inside]
posted by kliuless on Jun 7, 2010 - 8 comments

What if our economy was not built on competition? Nobel Prize winner Elinor Ostrom talks about her work on cooperation in economics. [more inside]
posted by kliuless on Apr 11, 2010 - 32 comments

The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital [pdf] - "For now, we think that progress is likely to be most rapid if we follow the example of the neoclassical model and treat institutions the way the neoclassical model treated technology... Further out on the horizon, one may hope for a successful conclusion to the ongoing hunt for a simple model [1] of institutional evolution. Combining that with the unified approach to growth outlined here would surely constitute the economics equivalent of a grand unified theory..." [2, viz. previously] This might, as it were, be a subset of collective cognition (or, possibly, autism [3]).
posted by kliuless on Jul 14, 2009 - 9 comments

Paul Romer: A Theory of History, with an Application - "His economic theory of history explains phenomena such as the constant improvement of the human standard of living by looking primarily at just two forms of innovative ideas: technology and rules." (previously, via) [more inside]
posted by kliuless on Jul 3, 2009 - 11 comments

What is the future of capitalism?
a) 3.0
b) Canada* ([1],[2])
c) 'smart growth' (viz.)
d) none of the above** [more inside]
posted by kliuless on Feb 15, 2009 - 86 comments

A society without power relations can only be an abstraction. Which, be it said in passing, makes all the more politically necessary the analysis of power relations in a given society, their historical formation, the source of their strength or fragility, the conditions which are necessary to transform some or to abolish others. For to say that there cannot be a society without power relations is not to say either that those which are established are necessary or, in any case, that power constitutes a fatality at the heart of societies, such that it cannot be undermined. Instead, I would say that the analysis, elaboration, and bringing into question of power relations and the "agonism" between power relations and the intransitivity of freedom is a permanent political task inherent in all social existence.
"Saint" Michel Foucault (1926-1984) transformed Western thought. Institutions -- prisons, asylums, clinics -- define the rhythm of our daily existence; Foucault found that they also determine the way we think. The search for the political and philosophical implications of this insight led him to biology and economics, linguistics and the study of sexuality. In Foucault's eyes, intellectual activity, however radical, could never be divorced from the techniques of power. This is why some have accused him of political quietism. Other critics say he was simply a bad scholar. Who was the real Foucault? "Anarchist, leftist, ostentatious or disguised Marxist, nihilist, explicit or secret anti-Marxist, technocrat in the service of Gaullism, new liberal," gay saint, charlatan, or something else entirely? Perhaps we have posed the question incorrectly...
posted by nasreddin on Aug 17, 2007 - 92 comments

Early reports on cultural institutions in Katrina's path. From The American Association of Museums.
posted by R. Mutt on Sep 2, 2005 - 12 comments

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