Is fairness the enemy of the possible in Europe? James Surowiecki seems to think so, which is why he suggests that “voters and politicians on all sides need to stop asking themselves what’s fair and start asking themselves what’s possible.” In one sense, Surowiecki is right: the ultimatum game, when at least one of the [...]
Posts Tagged ‘Europe’
Is fairness the enemy of the possible?
Posted: 28 May 2012 in UncategorizedTags: capitalism, economics, Europe, fairness, Germany, Greece, neoclassical
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Cartoon of the day
Posted: 27 May 2012 in UncategorizedTags: austerity, banks, cartoon, Europe, Romney
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Cartoon of the day
Posted: 25 May 2012 in UncategorizedTags: austerity, cartoon, Egypt, election, Europe, Greece, politics, rich, United States
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Cartoon of the day
Posted: 21 May 2012 in UncategorizedTags: banks, cartoon, debt, Europe, Germany, Greece, JPMorganChase, students
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Do you believe in markets?
Posted: 18 May 2012 in UncategorizedTags: capitalsm, crisis, economics, Europe, Greece, John Kay, markets, Paul Krugman, politics, United Kingdom
Do you believe in markets? John Kay does, as he demonstrated during his presentation at the Volcano symposium last weekend. We were together on a panel, “Crisis in and of Economics,” along with David Vines. Kay started with the usual neoclassical assertion—planning has failed and markets are successful (ignoring, of course, all the historical examples [...]
Cartoon of the day
Posted: 18 May 2012 in UncategorizedTags: banks, cartoon, crisis, debt, Europe, Greece, JPMorganChase, students, unemployment, United States
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Cartoon of the day
Posted: 15 May 2012 in UncategorizedTags: austerity, banks, cartoon, crisis, debt, Europe, Germany, Greece, profits, students
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Cartoon of the day
Posted: 12 May 2012 in UncategorizedTags: austerity, cartoon, debt, election, Europe, laws, students, United States
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Cartoon of the day
Posted: 11 May 2012 in UncategorizedTags: austerity, cartoon, equality, Europe, LGBTQ, Republicans
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Cartoon of the day
Posted: 10 May 2012 in UncategorizedTags: austerity, cartoon, Europe, Germany, Greece, unemployment, United States
Special mention
