Introduction: Expanding on the “infant industry” metaphor, this article explores the lessons that development economists could learn from the way mothers nurture and encourage the growth of t...
Introduction At first glance, it appears that industrialization, with its rampant overproduction and overconsumption, stands as the primary antagonist in our climate crisis narrative. However, th...
https://weapedagogy.wordpress.com/2024/03/27/enlightenment-epistemology-and-the-climate-crisis/
2024 WEA Conference: CAPITALISM, SOCIALISM AND DEMOCRACY 80 YEARS LATER: Looking at capitalism today in light of its past and possible future We are going to close the Discussion Forum https://ca...
By John Haly and Dr. Martha Knox-Haly, originally published at Auswakeup Media. We now go on to part two of our discussion of the concept of a “Mismatched Unemployment Inflationary Rate” (MUI...
https://weapedagogy.wordpress.com/2024/03/20/positing-job-guarantee-antecedents-part-2-of-2/
By John Haly and Dr. Martha Knox-Haly, originally published at Auswakeup Media. Any monetary sovereign government can address unemployment through social and political means, giving the working c...
https://weapedagogy.wordpress.com/2024/03/13/positing-job-guarantee-antecedents-part-1-of-2/
Modern economics uses “scientific” methodology, under the assumption that economic laws are invariant across time, space, and society. In previous posts, we saw how this leads to loss of prec...
https://weapedagogy.wordpress.com/2024/02/09/nominal-versus-real-models/
In the previous section, we saw how economic theories changed from Classical to Keynesian to Monetarist over the course of the 20th century. These changes were driven by historical events. Taki...
I am planning to write a textbook on monetary economies. I will draft it section by section and chapter by chapter, and put down the drafts here for feedback and comments. The first section is ...
https://weapedagogy.wordpress.com/2024/02/01/basics-of-monetary-economies/
I recently gave a talk to students of Modern Money and Economics of Sustainability at Torrens University. The video of the talk is provided below. I have also written up some notes about this tal...
https://weapedagogy.wordpress.com/2023/12/05/positivism-the-loss-of-meaning/
Despite the ongoing expansion of renewable energies, a substantial shortfall persists between the investments currently being allocated and those that are necessary. The inadequacy of both public...