top

Archive | Economics

All essays that are primarily about economics

cadogan

Geraldine

 Karen looked up from her computer, on which she had been reading newspapers from places where we have lived, and said, “Geraldine died.” I was lying in a hostel bed, relaxing after a ten-mile hike along the ocean, the beach flanked by tall dunes. It had been a picture-perfect afternoon, the sky festooned with great […]

Continue Reading 2
ThePassionofSaccoandVanzetti_S

Sacco and Vanzetti*

 Today is the 87th anniversary of the state-sponsored murder of Sacco and Vanzetti. What follows is a film review and essay that I wrote a few years ago. I think you will find it interesting. There are links for further study. “If it had not been for this thing, I might have lived out my […]

Continue Reading 4
americandream2

Home Sweet Home

 A recent article by New York Times journalist Neil Irwin finds that the housing market is still operating as a drag on the economy. While a few markets like New York City and San Francisco are booming and perhaps even reaching the “bubble” stage, most are not. One reason for this is the lower rate […]

Continue Reading 3
abudhabiworkers2

Markets Are the Problem (Not the Solution)**

A recent op-ed in the New York Times described the construction of “the mother of all luxury property developments,” on Saadiyat Island in Abu Dhabi, complete with branches of famous museums and a university. We learn that: Saadiyat’s extraordinary offer to the buyers of its opulent villas is that they will be able to stroll […]

Continue Reading 5
educateyourself

Teaching Workers

 Karl Marx’s famous dictum sums up my teaching philosophy: “The philosophers of the world have only interpreted the world in various ways; the point is to change it.” As I came to see it, Marx had uncovered the inner workings of our society, showing both how it functioned and why it had to be transcended […]

Continue Reading 8