In this post I will offer some reflections on the current state of Democratic Policy proposals, with reference to the debates on Tuesday and Wednesday. Given that there are 20 candidates, I will not make any effort in this post to analyze them individually or to rank order the candidates. At present, I see no … Continue reading Whither the Democrats?
There is a good deal of discussion these days about what is wrong with how economics is taught at the University level. For some examples, see Lars Syll's blog , The Institute for New Economic Thinking, and this recent article in VOX about controversies surrounding Greg Mankiw's Principles of Economics course and text and alternatives to it at Harvard. I've now completed the … Continue reading Reforming Economics Education
I received notice today that my Sabbatical request for Spring 2020 has been approved. This is of course great news. In celebration, I decided to put some thoughts on paper, with the caveat that today's entry, as with my last one, is just "thinking out loud". My hope is by that time I will be … Continue reading A note on “Political Marxism”
In a recent Article in American Affairs, economist Phillip Mirowski presents an interesting and cogent argument that Neo-liberalism is a well organized, well funded, and quasi-coherent vision of political economy. He argues for the existence of what he terms a Neo-liberal Thought Collective (NTC) which only partially overlaps with Neo-Classical Economics. In Mirowski's view, the … Continue reading The Greatest Trick of the Devil
I'm still thinking through the issues related to my last blog post and my research project, today's post will be rather short. Since I have some free time this week, I decided to do a little browsing and came across these two interesting articles on Economic History and Historical methods written by economists. The Historian's … Continue reading Economic History and Inquiry
I had a great discussion/exchange of views today with my friend and colleague in the English and Humanities Department, Mich Niyawalo, on The Economic Consequences of the Peace. I can say quite honestly that I learned a bit from Mich's presentation and our conversation afterwards. Professor Niyawalo will be providing me with a written text … Continue reading Initial Reflections on today’s exchange.
Chip Poirot, Professor of Economics, Shawnee State University. Outline of remarks intended for presentation at Shawnee State University’s “Faculty Festival of Achievement”, February 19, 2018. Students or others who are unfamiliar with some of the events, people and ideas may wish to explore these in more detail. I have bolded terms that may be … Continue reading Reading The Economic Consequences of the Peace: Keynes as Political Economist or Albert Einstein in the Patent Office.
In Chapter 3 of the Economic Consequences of the Peace Keynes sets forth his analysis of why President Woodrow Wilson failed to gain acceptance of his Fourteen Points. Put simply, perhaps even a bit simplistically, Keynes' explanation is that Wilson was simply not prepared, given his overall temperament, to confront the more polished, persistent, and … Continue reading Chapter 3 of the Economic Consequences: Wilson vs. Clemenceau.
I want to begin my analysis of Chapter 2 with a couple of prefatory comments. We can read a work such as Economic Consequences of the Peace as a work unto itself. Alternatively, we can permit ourselves the luxury of putting the work into the larger context of the body of the author's work. Both have … Continue reading Economic Consequences: Chapter 2
A colleague of mine and I in the English and Humanities Department at my University (Shawnee State University) will be working on a project on John Maynard Keynes' "The Economic Consequences of the Peace." We are starting with an exchange during an event sponsored annually at my University called "Faculty Festival of Achievement". I will … Continue reading Announcing: The Economic Consequences of the Peace. An Exchange.