Reveries

One Saturday, after hearing a conference at SSE Riga, Jānis Ošlējs and I started to talk how would be great to have a conference discussing economic development beyond the ideological approaches common to Latvia. So, we started working on it, we added Jānis Grēviņš to the team, and here we are. The conference’s speakers are [...]

Development has been one of the most sensitive question in economics. However, in the last 40 years it hasn’t discussed properly, as reason gave place to fetish. The first point is that there is fashion in the Academy and it’s cyclical. Specifically about economics, in the capitalist block we have seen – in the last [...]

Neoclassical economics turned to be the main ideology on Social Sciences in the last forty years. Not only economics, but political science, sociology, anthropology and even History became hostage of the intellectual dungeon represented  by the methodology established by Milton Friedman and the Chicago Boys (not a rhythm & blues band, as some could suppose). [...]

So, there is a crisis. So what? Quite natural, after the economic orgy of the last years, to the world to experiment a hangover. However, to some of the leading intellectuals of economics, it isn’t and they’re still searching for traditional concepts to explain what happened. “But the models showed that…” one may cry. Other [...]