Archive for the 'Books & printed materials' Category

Capital accumulation as an idea sits close to the center of modern economic growth theory. Any introduction into the field will begin with physical capital accumulation, before population growth, technological progress, human capital and even institutions are progressively thrown into the mix to explain the real world. As far as modern macroeconomics is concerned, I […]

When the bus stopped outside the inn, and the rain could be heard loudly and—probably there was a window open—so could the voices of the guests, Raban wondered which would be better, to get out at once or to wait until the innkeeper came to the coach. What the custom was in this township he […]

They jogged on through the crowd of frightened people leaving the area, while the wizard took great mouthfuls of cool dawn air. Something was puzzling him. “I’m sure all the candles went out,” he said. “So how did the Drum catch fire?” “I don’t know,” moaned Twoflower. “It’s terrible, Rincewind. We were getting along so […]

Traditions and dogmas rub one another down to a minimum in such centers of varied intercourse; where there are a thousand faiths we are apt to become sceptical of them all. Probably the traders were the first sceptics; they had seen too much to believe too much; and the general disposition of merchants to classify […]

With only about 200 pages , finishing The Colour of Inequality was easy. Written by Muhammad Abdul Khalid, the book is priced at MYR40, which is much more affordable and easier to read than the thick Capital in the 21st Century by Thomas Piketty. Just for the fun of it, I calculated that the Gini […]

My two fears are distortion and inaccuracy, or rather the kind of inaccuracy produced by too dogmatic a generality and too positivistic a localized focus. In trying to deal with these problems I have tried to deal with three main aspects of my own contemporary reality that seem to me to point the way out […]

So much for the doubts about the possibility of understanding the past. But to understand is not to accept. Vico experiences no intellectual discomfort – nor need he do so – when he damns in absolute terms the social injustice and brutality of Homeric society. Herder is not being inconsistent when he denounces the great […]

Stark’s system of government was based on mistrust. He looked for laziness, insubordination, drunkenness, and strife; he pretended to suppress them, and only succeeded in creating the further vices of cunning, deceit, and ill-will. Too many laws and regulations stifle the sense of good and evil. No one looks beyond his own personal interest; and […]

I just learned that Albert Otto Hirschman, the economist who wrote Exit, Voice and Loyalty, died in December 2012 as I was traveling across Java. Perhaps, this is an opportune time to review Exit, Voice and Loyalty which was published in 1970. I read the book some years back. The idea presented in the book […]

Up in Washington, he wrote the Lexington, now in the mist, no longer an economist. (Peter David, the Lexington columnist at The Economist, died in a car crash in D.C. yesterday)

Next »

スーパーコピー財布 スーパーコピー時計 スーパーコピーブランド cheap valentino