By John Haly and Dr. Martha Knox-Haly, originally published at Auswakeup Media. We now go on to part two of our discussion of the concept of a “Mismatched Unemployment Inflationary Rate” (MUIR), which would use a federal job guarantee to bridge the gap between full employment policies and the inflationary risk associated with mismatched skills… Read More Positing Job Guarantee Antecedents – Part 2 of 2
By John Haly and Dr. Martha Knox-Haly, originally published at Auswakeup Media. Any monetary sovereign government can address unemployment through social and political means, giving the working class a functional financial safety net. What stands in the way, however, is the political establishment’s lack of will and refusal to renounce neo-liberal ideology, which uses the… Read More Positing Job Guarantee Antecedents – Part 1 of 2
2021 marked the 50th anniversary of the “weekend that changed the world”, when US President Richard Nixon suspended the convertibility of the dollar into gold. From a monetary point of view, since then there has been continued dominance of the dollar as a vehicle for international transactions. However, Is the dollar as the world’s reserve… Read More Threats to the US dollar’s role as global reserve currency
Author:Małgorzata Dereniowska. taken from: pp.10-12 of WEA Commentaries 10(4), December 2020https://www.worldeconomicsassociation.org/files/2020/12/Issue10-4.pdf Today we are going through a period of disruption due to the COVID-19 pandemic that impacts us individually and collectively in an unprecedented manner. Because we see how interconnected we are, the sense of unity, solidarity in time of crisis is necessary. So why… Read More Why do we need pluralism in times of disruption? A practical guide
Environmental ethics is a field of applied ethics concerned with the ethical dimension of human relationship towards nature. The term environmental ethics covers a variety of approaches that can be roughly divided into two camps: anthropocentrism and non-anthropocentrism. Anthropocentrism refers to a human-centered approach to environmental problems that protects nature for humans. Radical anthropocentrism is… Read More Do we need environmental ethics?
Scientific epistemology is a serious business in economics—as it is in any science. Not surprisingly, therefore, discussions about value-ladeness tend to focus on theoretical and methodological issues within the discipline, while the question of the social consequences of science is approached with more reservation. And for many good reasons, one may say, because it is… Read More Scientist qua scientist, scientist qua citizen Part II: The double-edge approach to science
That economics is a value-laden science is not a new idea. Most of the prominent economic thinkers were also philosophers, wary of moral and philosophical content of scientific assumptions, models, and theories. That economics needs philosophy, and the separation between these two cannot be maintained any longer, is gaining recognition, and has become a subject… Read More Scientist qua scientist, scientist qua citizen: Part I
Major revolutions can be created by everyone doing the little bit that they can. This was the driving idea behind the article below, written for the Pakistani context. It was published in the Express Tribune on March 16th, 2017 The right nutrition between pregnancy and the second birthday has a dramatic effect on a child’s… Read More A Campaign for the First Thousand Days
1000 word summary of Quaid-e-Azam Lecture at PSDE 33rd AGM held on 14th Dec, 2017 at Islamabad. Published in Express Tribune & the Nation 13th Jan 2018. 43m Video Lecture on YouTube: The main thesis of our lecture is that our quest for prosperity has failed to deliver the sought-after goals because we have misunderstood the meaning of prosperity , and looked… Read More Prosperity as Human Development, not Wealth
Current food challenges involve issues ranging from land and food access to commodity price volatility, besides national and international regulation. Although the scope and intensity of these challenges vary according to the different economic and social situations of countries, the debate has been global. Today, once again, these issues arise deep concerns on behalf of… Read More WTO, price crops and global hunger
WEA Pedagogy Blog 