Pavlina Tcherneva’s recent posting “Economists for Romney: a closer look | | New Economic Perspectives” does a very nice job of listing some of the right-wing heavy hitters that are providing “scientific” credibility to the Romney campaign. For each of these luminaries (Lucas, Prescott, Mundell, Scholes, and Becker thrown in for good measure) she provides a brief paragraph outlining their major “contribution” to the faith. These are the freshwater types I referred to in a previous post, who are showered with honors and adulation for developing models that have little to no relationship to the real world of capitalism but capture, though in a highly abstract form, the core ideological principles of bourgeois society: individuals are perfectly rational, markets always clear, unemployment is a voluntary substitution of leisure for work, etc.
Mayo Toruño
Mayo Toruño's Study: Explorations in Political Economy by Mayo Toruño is licensed under a Creative Commons Attribution 3.0 Unported License.Explorations in Political Economy
Interesting Poliitical Economy Sites
- Anti-Mankiw
- Econ4
- Economist's View
- EPI Blog
- Heterodox Economics Newsletter
- Imagining History
- Labor Notes
- LBO News from Doug Henwood
- New Economic Perspectives
- Off the Charts
- Online University of the Left
- Paul Krugman
- Post Keynesian Study Group
- Real-World Economics Review Blog
- Richard D. Wolff
- Robert Reich
- Robert Skidelsky
- The Progressive Economics Forum
- United For A Fair Economy
- URPE
Latin America - Latino
Just the Facts, Ma'am