Economics

All essays that are primarily about economics

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 […]

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 […]

Teaching Workers

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 […]

Choosing an Occupation: The "Science" of Economics

Choosing an Occupation: The “Science” of Economics

The name, “Nobel Memorial Prize in Economic Science,” tells us that those who give the prize believe that economics is a science. This is certainly what my professors thought when I was a student. One argued that every good economist is a good physicist. There was even a joke that an exceptional economist who dies […]

The Road Beckons: Excerpt from Cheap Motels and a Hot Plate

The Road Beckons: Excerpt from Cheap Motels and a Hot Plate

 [Since Monthly Review Press made my book the special sale feature for September, I thought that it would be appropriate to end the month with an excerpt]  The distance between Pittsburgh and Johnstown, Pennsylvania, is about seventy-five miles. Most of the trip is on Route 22, a dismal and depressing stretch of highway that perfectly […]

Memorializing Martin Luther King, Jr.

Memorializing Martin Luther King, Jr.

We often visit the monuments and museums along the National Mall in Washington, D.C., and each time I am surprised at my heightened emotions when we are there. Maybe it is because the museums are free and some of the memorials grand and inspiring, and I can imagine for a few hours that this country […]