New Economic Thinking

Preface to “Forecast: what extreme weather events can teach us about economics” Marc Buchanan

Preface to “Forecast: what extreme weather events can teach us about economics” Marc Buchanan
by 
Francesco Sylos Labini

Preface to the Italian edition of Forecast: What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics by Mark Buchanan, Bloomsbury USA; Reprint edition (June 3, 2014) Francesco Sylos Labini This book, written by a physicist, discusses the […]

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Non-scientific disciplines alone need to distinguish between orthodoxy and heterodoxy – part II

Non-scientific disciplines alone need to distinguish between orthodoxy and heterodoxy – part II
by 
Editorial board

In a recent post we have commented on the economist John Kay’s statement against a heterodox reform of the economic curricula whereby “no one would cross a bridge built by a heterodox engineer.” Our line of reasoning was that scientific disciplines do not […]

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Unravelling capitalism’s hidden networks of power

Control Hierarchy Networks
by 
Jacob Aron

NEVER again? The global financial crisis of 2008 saw banks around the world bailed out to the tune of billions by governments worried that the entire financial system was in meltdown. “Too big to fail”, the thinking went, and since […]

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