Tag: finance

  • The impact of international relations on industrial policy

    Most mainstream economists go to great lengths to ignore the impact of politics on economic decisions. If anything, they malign the negative impact of political decisions that otherwise deny the glory and truth of economic “laws.” Vivid imaginations indeed! Sensible people know better. When looking at the current state of industrial policy, they realize that…

  • Uncertainty as a justification for industrial policy

    Sorry folks – haven’t posted in a while. Been busy reading and working on some other stuff. One of the areas I’ve been brushing up on has been Keynesian economic theory. No, not the “neoclassical synthesis” of the Paul Samuelson variety. I mean what did John Maynard Keynes actually say about economics/economic theory etc. As…