A New Yorker article argues that economists should read Tolstoy, who understood that we can’t strip morality and politics out of the discipline.
Tag Archives: Economics
Tolstoy, Must Reading for Economists
Posted in Uncategorized Also tagged How Much Land Does a Man Need?, Leo Tolstoy, Milton Friedman Comments closed
Teach Game Theory through Greek Myths
Friday The other day I stumbled across an American Economist article, written up in JSTOR Daily, arguing that teachers who want their students to retain the fundamentals of game theory should turn to Greek myths. Economist James D. Miller and classicist Debbie Felton explain their reasoning as follows: For professional economists, game theory is about […]
Crashing against the Debt Ceiling
If the GOP Congress members don’t soon come to their senses, we will have a debt ceiling crisis. For a visual image, picture a giant Alice in the White Rabbit’s small house.
Posted in Uncategorized Also tagged Alice in Wonderland, debt ceiling, Freedom Caucus, GOP, Lewis Carroll Comments closed
Why the Wealthy Get Wealthier
Thomas Piketty turns to Jane Austen and Honoré de Balzac to analyze “Capitalism in the 21st Century.”
Posted in Uncategorized Also tagged Capital in the 21st Century, Henry James, Honoré de Balzac, Jane Austen, Orhan Pamuk, Pere Goriot, snow, Thomas Piketty, Washington Square Comments closed
Haikus Make Econ Less Dismal
Haiku competitions in economics classes can get students engaged in the otherwise dry subject matter.
Haikus for Economic Crisis
Haikus on shutting the government and breaching the debt ceiling.
Compassion for the Poor Is Not Enough
Speaking with the head as well as the heart against oppressive class conditions is necessary in novels as in public policy.
Posted in Uncategorized Also tagged austerity budgeting, Charles Chestnutt, Charles Dickens, Christmas Carol, Clansman, Paul Ryan, recession, Thomas Dixon Comments closed
On Supply Side and Self Deception
In Wycherley’s “Country Wife,” the entire society grasps at an implausible story to sustain its self deception. Sounds like the GOP and supply side economics.
Posted in Uncategorized Also tagged budget cuts, Country Wife, politics, sequester, William Wycherley Comments closed
Have We Becomes Pottersville?
Using “It’s a Wonderful Life” as a lens through which to view the J. P. Morgan recent financial disaster shows what America has lost in today’s banks.
