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econospeak.blogspot.com | ||
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www.rogerfarmer.com
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| | | | | [AI summary] The text presents an in-depth exploration of macroeconomic theory through the lens of Roger E. A. Farmer's academic work. It delves into the complexities of monetary theory, equilibrium concepts, and the role of central banks. Key themes include the endogeneity of money, the distinction between exogenous and endogenous money, the implications of liquidity traps, and the evolution of monetary policy frameworks. Farmer's perspective emphasizes the importance of general equilibrium theory, the role of banks in creating money, and the need for central banks to consider broader economic dynamics beyond traditional single-agent models. | |
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owenlynch.org
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| | | | | [AI summary] The review of 'Capital as Power' by Bichler and Nitzan explores their theory of capitalism as a dynamic system of power accumulation and creorder. The book is praised for its engaging narrative, historical insights, and integration of diverse theoretical frameworks. Key themes include the quantification of power through markets, the role of creorder in shaping political systems, and the analysis of economic indicators over time. The review highlights the book's strengths in providing a framework for understanding capitalist logics and its potential for mathematical modeling using statistical mechanics. The reviewer recommends the book for its depth and content, despite its length, and suggests a middle way of reading the first chapter and additi... | |
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economicsfromthetopdown.com
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| | | | | Tim Di Muzio explores the concept of 'sabotage' as it applies to capitalist power. | |
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abcnews.go.com
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| | | The Supreme Court has denied the special counsel's request to take up former President Trump's claims of immunity from prosecution in his election interference case. | ||