Friday, December 31, 2021

What I read in the Year III of covid: an annotated summary

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  I will try to imitate my colleague @milescorak who nicely summarized his work and readings in 2021. Most of my work was on my forthcomi...
Sunday, December 26, 2021

How I did not celebrate Christmas

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  A week ago, a friend asked me how was Christmas when I was growing up in Yugoslavia, in the 1960s. I said to   her: “Christmas was cancel...
Tuesday, December 7, 2021

The Summit of Democracies is a wrong idea (for the world)

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  More than 100 nations’ presidents, prime ministers and kings will virtually meet at the Summit of Democracies on December 9 and 10.   It i...
Saturday, December 4, 2021

How to share vaccines between the poor and the rich

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  U ntil a friend asked me yesterday, I have not given much thought to the vaccine gap between rich and poor countries. My “line of business...
Thursday, November 25, 2021

Through the glass, darkly: trying to figure out Adam Smith, the person

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             D ennis Rasmussen’s book The infidel and the professor is a pleasure to read. It is an excellent introduction to the thinking ...
Friday, November 19, 2021

Socialist enterprise power structure and the soft-budget constraint

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  Yesterday’s bizarre and rather ignorant discussion of the Komsomol in the US Congress and the recent passing of Janos Kornai, the famous “...
Sunday, October 24, 2021

On the role of economics and global inequality

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I wrote this in a Twitter discussion about the importance of knowing and reading classical texts in economics (say, from Quesnay to Pareto...