On Crooked Timber, Ingrid Robeyns argues for economics as a moral science. “Economics shouldn’t aspire to be a value-free science, but an intellectual enterprise that combines elements from the sciences with elements from ‘the arts’ done in a manner that makes it value-commitments explicit.”
On Alex’s Archives, Alex Marsh examines the emergence of various groups that are championing a more pluralist approach to economics education. He argues for “[the] acceptance of the irreducibly ethical basis for economic analysis … [which] would require a fundamental reappraisal of the value and values of much contemporary analysis”.
On Pieria, Tom Streithorst is convinced that advanced capitalist economies will adopt a basic income in the not too distant future. The reason has nothing to do with poverty or inequality however, but because “basic income cleanly and neatly solves the bête noire of our modern capitalist economies: lack of demand”.
In an interview on Five Books, visiting Professor at the LSE John Kay discusses the discipline of economics and gives book recommendations, saying “[i]t is depressing how little outside economics most economists have read”.
On the Our Kingdom blog, Jo Shaw explores the tricky questions surrounding citizenship that would necessarily emerge if Scotland were to vote ‘Yes’ in next year’s independence referendum.