Economy

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    The midterms have shown that President Trump’s campaign rhetoric on the economy has come back to haunt him

The midterms have shown that President Trump’s campaign rhetoric on the economy has come back to haunt him

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It has been long argued that the US economy has a massive influence on elections. But the Democrats’ midterm successes in the face of a Republican administration presiding over a healthy economy may have called that commonly held view into question. Helen Thompson writes that this new apparent disconnect between the economy and voters’ preferences may be down to […]

  • Permalink The Technology Behind Digital Music – a hands-on workshop about the tech behind DJ-ing & composing digital music – by DigitalMuse.org, a Zen Digital Europe initiative 

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    The digitisation of recorded music: studying the ‘long tail’ effect

The digitisation of recorded music: studying the ‘long tail’ effect

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More products are brought to market, even ones initially expected to fail, increasing consumer choice and welfare, write Luis Aguiar and Joel Waldfogel.

Digitisation, in the form of online retailing, has long been understood to deliver welfare benefit to consumers. Greater consumer access to content has led to an important work on the “long-tail” phenomenon: while the choice set faced […]

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    Trump is right to critique the Federal Reserve, but his attacks are in the wrong direction.

Trump is right to critique the Federal Reserve, but his attacks are in the wrong direction.

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The US Federal Funds rate is the measure which determines interest rates across the US economy – and is therefore a very important tool in economic policy-making. Traditionally, the Federal Reserve has complete independence in determining its policies in this area, but President Trump has undermined this principle with recent comments that the Fed should be more Dovish. Michael […]

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    Book Review: 99 Theses on the Revaluation of Value: A Postcapitalist Manifesto by Brian Massumi

Book Review: 99 Theses on the Revaluation of Value: A Postcapitalist Manifesto by Brian Massumi

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In 99 Theses on the Revaluation of Value: A Postcapitalist Manifesto, Brian Massumi offers a short yet intricate economic, cultural and philosophical work that aims to retrieve the concept of value from capitalist power. Through the book’s deliberately fragmented form, Massumi presents an relevant and urgent dissection of the processes by which we are currently shaped, and a hopeful vision of […]

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    Book Review: Portfolio Society: On the Capitalist Modes of Prediction by Ivan Ascher

Book Review: Portfolio Society: On the Capitalist Modes of Prediction by Ivan Ascher

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In Portfolio Society: On the Capitalist Modes of Prediction, Ivan Ascher explores how the abstraction and securitisation of risk in financial markets have had a profound influence on economic and social relations, with a particular focus on the aftermath of the global financial crisis. The book underscores the extent to which much of the ‘value’ generated by the contemporary economy results […]

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    Book Review: Accounting for Capitalism: The World the Clerk Made by Michael Zakim

Book Review: Accounting for Capitalism: The World the Clerk Made by Michael Zakim

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In Accounting for Capitalism: The World the Clerk Made, Michael Zakim examines how an emergent class of finance professionals fundamentally transformed the foundations of the US economy and democracy in the nineteenth century. This thorough and cogently argued investigation demonstrates the grand historical consequences wrought by these lesser-known enablers of a new economic system, finds Jeff Roquen. 

Accounting for Capitalism: The […]

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    Book Review: The Value of Everything: Making and Taking in the Global Economy by Mariana Mazzucato

Book Review: The Value of Everything: Making and Taking in the Global Economy by Mariana Mazzucato

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In The Value of Everything: Making and Taking in the Global Economy, Mariana Mazzucato explores the concept of value today, showing how value extraction is now more highly rewarded than value creation. This is a meticulous and insightful analysis of value in the economy that will help to reopen the debate into ‘the value of everything’, writes Wannaphong Durongkaveroj.
If you are interested in this book […]

October 14th, 2018|Book Reviews, Economy|0 Comments|
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    Trump’s tax cut was a well-timed giveaway for the midterms

Trump’s tax cut was a well-timed giveaway for the midterms

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When we talk about elections, the role of the economy inevitably looms large. Less than a year ago, Congress passed a $1.5 trillion tax cut bill, which alongside increased spending, may stimulate economic growth until 2019. Linda Yueh writes that the Trump-sponsored tax cut and fiscal stimulus are likely to influence voters to a greater degree than the president’s […]

Book Review: The Infinite Desire for Growth by Daniel Cohen

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In The Infinite Desire for Growth, Daniel Cohen offers a historical and philosophical account of the adoption of growth as a principle and goal in economic theory from the Enlightenment to the present day. While the essays at times overlook the specific historical and political contexts in which the concept of growth emerged and developed, the collection is thought-provoking and […]

Net Neutrality in a hyperlinked Internet economy

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The relaxation of the Net Neutrality rules can have important consequences for Internet users, write Joan Calzada and Markos Tselekounis.

Have you ever realized that the websites and social platforms you use are full of links that lead you to contents, videos or advertisements of other content providers? And that you usually surf from one site to another without typing […]

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