Continued from Part 1.   Let me suggest that what Marx was objecting to – revolting against – was human … Continue reading “Marx’s Flight from Reality (Part 2)”

Though it may seem strange, Karl Marx was not always a communist. As late as 1842, when Marx was in … Continue reading “Marx’s Flight from Reality (Part 1)”

In recent weeks, there has been much fuss created by a group of students – supported it would seem by … Continue reading “Mathematical economics ≠ free market, heterodox economics should ≠ Marxism”

The mention of public choice theory to those on ‘the left’ of politics can prompt a variety of reactions. Some … Continue reading “‘The Left’ and Public Choice Theory”

Yesterday, the Electoral College of the Labour Party announced the outcome of its leadership election. “Red Ed” Miliband was elected … Continue reading “The Labour Party pulls down the final curtain – on itself!”

if we want a less oligopolistic financial sector

Yesterday, the Electoral College of the Labour Party announced the outcome of its leadership election. “Red Ed” Miliband was elected … Continue reading “The Labour Party pulls down the final curtain – on itself!”

I was in a taxi yesterday and after a brief chat about cricket and the virtue of the iPhone, the taxi … Continue reading “How important was Tony Blair?”

I recently had a discussion with a commissioning editor of an academic publishing house who informed me that any new … Continue reading “Profiting from capitalism”