This is the talk I gave at the first conference of the International Student Initiative for Pluralism in Economics, held in the beautiful German town of Tuebingen, Germany on September 19–21 2014.
Scotland voted 55:45 to remain in the UK, but the very fact that the vote was even close was a serious shock to the political establishment in Europe. UK Prime Minister David Cameron had originally allowed only a Yes or No vote on full independence in the referendum, rather than a three-option poll including the “Maybe” of a greater devolution of power from Whitehall to Edinburgh, in the belief that the No vote would be so resounding that it would terminate the independence movement permanently. The Maybe, he believed, might well have got across the line, when in general he and the Tories didn’t want to cede any power north of Hadrian’s Wall.
You’ve just made your morning coffee, and look up in horror as you realise that the gas burner has set your kitchen ablaze. So you take decisive action: you pour your coffee on the floor.
I have a ridiculously large number of public talks coming up this month. It all starts on Wednesday September 10th, and doesn’t let up until Sunday September 21st—the day before Induction Week begins at Kingston University, where I am now Head of Economics, Politics and History, and committed to making Kingston the world’s leading centre for pluralist education and research in economics. Check the links below if you’re able to make any of these talks in, in order: Sheffield; New York; Glasgow; Kingston; and Tubingen, Germany. I’ll cover talks in October in a subsequent post.
I’m reading and enjoying some “chick-lit” at the moment–or as a reviewer on Amazon called it, “the perfect blend of chick-lit and bitch-lit”–entitled “How To Un-Marry a Millionaire”.
Personal disclosure time: the book is the first novel by my good friend, script-writer and film producer Billie Morton. I’ve been meaning to read it for a while now, and it’s currently supplying welcome relief from the tedium of reading ECB minutes as I draft my next Business Spectator column.
Please circulate widely – the deadline for applications is 22 September! A short term lecturing position has just been advertised at Kingston University, where I am now Head of Economics, Politics and History. This is a fixed-term post to 30 June 2015. Though the period is brief, it is an opportunity to work in our very heterodox-friendly department.
The global financial crisis took the vast majority of the economics profession by surprise. Though there were individual mainstream economists — such as Robert Shiller and Joseph Stiglitz — who claim to have warned of the crisis, no mainstream economic model foresaw anything like what eventuated in 2007. In fact, mainstream model predictions led to politicians being advised to expect tranquil economic conditions ahead. The OECD’s advice in its June 2007 Economic Outlook was typical:
If you know any UK secondary school student who is considering doing economics at University, please refer them to this blog post.
This Thursday, you’ll find out your A-Level results. Whatever they are, if you are considering doing an economics degree, then I want you to consider doing it at Kingston University.
Hey, great news! Australia’s unemployment rate fell by 0.4 per cent last month! Did you hear?
You didn’t? That’s funny. I was sure Joe would tell you.
Genevieve Tran, who blogs at Money Big and Small, is teaming up with graphic artist Miguel Guerra and Suzy Dias, who do the cartoons on IDEAeconomics and produce the indi-comic Super Corporate Heroes, are teaming up to produce a graphic novel version of Debunking Economics.
Genevieve is putting together a video and has sent out the following call: