It is neoliberal economists who are wrong about the economics of trade. Economics textbooks and popular work by economists typically hide the unrealistic assumptions that are required to conclude that free trade as practiced by the United States is a beneficial policy overall, meaning that it is welfare-improving.
Economists on the Run
Paul Krugman and other mainstream trade experts are now admitting that they were wrong about globalization: It hurt American workers far more than they thought…
A Brief History of Neoliberalism
Abstract. Neoliberalism--the doctrine that market exchange is an ethic in itself, capable of acting as a guide for all human action--has become dominant in
Welcome to the new age of geoeconomics
Tech, trade, finance and military policies are mingling in a manner not seen during the neoliberal era
Power: A Primer for Perplexed Economists
Let's Assume an Unfettered Marketplace of Ideas! Or Actually, Let's Not.
interfluidity » The great game of global public goods provision
War is bad. Excuses should not be made for it. All sides should work to end this and every war as quickly as possible and shift to modes of bargaining and competition that are not profoundly destructive.
Capitalist Realism: Is There No Alternative?
It is easier to imagine the end of the world than the end of capitalism. After 1989, capitalism has successfully presented itself as the only realistic political-economic system - a situation that the bank crisis of 2008, far from ending, actually compounded. The book analyses the development and principal features of this capitalist realism as a lived ideological framework. Using examples from politics, film (Children Of Men, Jason Bourne, Supernanny), fiction (Le Guin and Kafka), work and education, it argues that capitalist realism colors all areas of contemporary experience, is anything but realistic and asks how capitalism and its inconsistencies can be challenged. It is a sharp analysis of the post-ideological malaise that suggests that the economics and politics of free market neo-liberalism are givens rather than constructions. New Edition includes:Forward by Zoe Fisher, Mark’s wife, talking about Mark as a personIntroduction by Alex Niven, his friend and colleague, talking about the political significance of the book thirteen years after it was writtenAfterword by Tariq Goddard, the original editor and publisher, describing the writing and editing of the book, its original reception, and Mark’s own view of it"A quick and entertaining read." Socialist Standard "A provocative and necessary read...for anyone wanting to talk seriously about the politics of education today. " Times Higher Educational Supplement
Pluralistic: Tariffs and monopolies (07 Apr 2025) – Pluralistic: Daily links from Cory Doctorow
For all that orthodox economists hate tariffs in all their forms, the question, "do tariffs work?" is a complex one, which can't be answered unless you specify which tariffs, in what context:
If post-neoliberalism is in trouble, we're all in trouble
Markets can't do the job and our politics aren't fit for purpose
10.27.03 - "The 'free market' doesn't exist": More on framing from George Lakoff
"The 'free market' doesn't exist": More on framing from George Lakoff
How ergodicity reimagines economics for the benefit of us all | Aeon Ideas
A radical concept called ergodicity at the heart of economics could change our approach to risk for the benefit of all
The Fallacy of Endless Economic Growth
What economists around the world get wrong about the future.
“The Common Good Economy”: Mariana Mazzucato on Fixing Capitalism
We speak with the economist Mariana Mazzucato, author of the new book The Common Good Economy: A New Compass.
Pluralistic: What’s wrong with tariffs (02 Apr 2025) – Pluralistic: Daily links from Cory Doctorow
It's not that the Republicans and the Democrats are the same…obviously. But for decades – since Clinton – the Dems have sided with neoliberal economics, just like their Republican counterparts, so the major differences between the two related to overt discrimination, to the exclusion of the economic policies that immiserated working people, with the worst effects landing on racial minorities, women, and gender minorities.
Opinion | One Senator’s Plea for Tariff Breaks
How protectionism works in practice: Public support, but seeking exemptions in private.
