A kickoff for our new Dead Economists Society Salon series – hosted by Bronwyn Williams and Peter Isztin “Imagine a world in which all major private wealth (every factory, patent or plot of land) is constantly for sale at a fair price and where most of the value of this property is paid out equally to all citizens as a…
“Unfortunately, many analysts – in academia, special-interest groups, governments, and the press – still presume that common-pool problems are all dilemmas in which the participants themselves cannot avoid producing suboptimal results, and in some cases disastrous results.” ~ Elinor Ostrom, Governing the Commons The tragedy of the commons is all too common. From climate change… Continue reading Spontaneous Order and the “Un-tragedy” of the commons : From the Scottish Enlightenment through Hayek to Jane Jacobs and Elinor Ostrom
In this meeting of the Dead Economists Salon Series we discuss the benefits and challenges with degrowth and doughnut economics that preference social and economic sustainability over economic growth and shareholder value. Hosted by: Bronwyn Williams and Peter Isztin. We question … if the limits required in terms of social safety nets and resource usage ceilings could exacerbate feelings of postalgia (the feeling that today…
The Dead Economists Society Salon series continues as Bronwyn Williams and Peter Isztin investigate Veblen goods: products that become more desirable as they become more expensive. "With the exception of the instinct of self-preservation, the propensity for emulation is probably the strongest and most alert and persistent of the economic motives proper." ~ Thorstein Veble In this Dead Economists Society Salon, we will…
The Dead Economists Society Salon series continues as Bronwyn Williams and Peter Isztin investigate big spending, big government economics and the rockstar economists who love them. "In the long run, we're all dead." ~ Keynes "Eat drink and be merry, for tomorrow we die." ~ Dave Matthews In this Dead Economists Society Salon series, we jump right into one of…
