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description= 15 posts published by Lars Syll during May 2023;
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krugman and stiglitz are no real alternatives to mainstream economics 30 may 2023 at 07 57 posted in economics 19 comments little in the discipline has changed in the wake of the crisis mirowski thinks that this is at least in part a result of the impotence of the loyal opposition those economists such as joseph stiglitz or paul krugman who attempt to oppose the more viciously neoliberal articulations of economic theory from within the camp of neoclassical economics though krugman and stiglitz have attacked concepts like the efficient markets hypothesis mirowski argues that their attempt to do so while retaining the basic theoretical architecture of neoclassicism has rendered them doubly ineffective first their adoption of the battery of assumptions that accompany most neoclassical theorizing about representative agents treating information like any other commodity and so on make it nearly impossible to conclusively rebut arguments like the efficient markets hypothesis instead they end up tinkering with it introducing a nuance here or a qualification there stiglitz s and krugman s arguments while receiving circulation through the popular press utterly fail to transform the discipline paul heideman despite all their radical rhetoric krugman and stiglitz are where it really counts nothing but die hard mainstream economists just like milton friedman robert lucas or greg mankiw the only economic analysis that krugman and stiglitz like other mainstream economists accept is the one that takes place within the analytic formalistic modelling strategy that makes up the core of mainstream economics all models and theories that do not live up to the precepts of the mainstream methodological canon are pruned you re free to take your models not using mathematical models at all is considered totally unthinkable and apply them to whatever you want as long as you do it within the mainstream approach and its modelling strategy if you do not follow this particular mathematical deductive analytical formalism you re not even considered doing economics if it isn t modelled it isn t economics that isn t pluralism that s a methodological reductionist straightjacket so even though we have seen a proliferation of models it has almost exclusively taken place as a kind of axiomatic variation within the standard urmodell which is always used as a self evident benchmark krugman and stiglitz want to purvey the view that the proliferation of economic models during the last twenty thirty years is a sign of great diversity and an abundance of new ideas but it s not that simple although mainstream economists like to portray mainstream economics as an open and pluralistic let a hundred flowers bloom in reality it is rather plus ça change plus c est la même chose applying closed analytical formalist mathematical deductivist axiomatic models built on atomistic reductionist assumptions to a world assumed to consist of atomistic isolated entities is a sure recipe for failure when the real world is known to be an open system where complex and relational structures and agents interact validly deducing things in models of that kind doesn t help us understand or explain what is taking place in the real world we live in validly deducing things from patently unreal assumptions that we all know are purely fictional makes most of the modelling exercises pursued by mainstream economists rather pointless it s not the stuff that real understanding and explanation in science is made of just telling us that the plethora of mathematical models that make up modern economics expand the range of the discipline s insights is nothing short of hand waving no matter how many thousands of technical working papers or models mainstream economists come up with as long as they are just wildly inconsistent axiomatic variations of the same old mathematical deductive ilk they will not take us one single inch closer to giving us relevant and usable means to further our understanding and possible explanations of real economies share on facebook opens in new window facebook share on x opens in new window x share on bluesky opens in new window bluesky det dunkelt sagda 28 may 2023 at 12 08 posted in varia comments off on det dunkelt sagda det dunkelt sagda är det dunkelt tänkta fanns det postmodern mumbojumbo redan på esaias tegnérs tid share on facebook opens in new window facebook share on x opens in new window x share on bluesky opens in new window bluesky the problem with foucault 27 may 2023 at 18 29 posted in politics society 1 comment my problem with michel foucault then is not that he seeks to move beyond the welfare state but that he actively contributed to its destruction and that he did so in a way that was entirely in step with the neoliberal critiques of the moment his objective was not to move towards socialism but to be rid of it in addition to the dependency it supposedly creates foucault believes that social security ultimately serves mainly the affluent thus in a 1976 interview he invokes again without much distancing the classic neoliberal argument according to which the welfare state actually amounts to a subsidy for the rich paid for by the poor since it is often the rich who make the most use of the services provided this argument largely developed by milton friedman in his little opus free to choose which foucault was surely aware of basically opposed any form of universal service financed by the public according to friedman such a system always leads to a transfer from the less well off to the better off how could we seriously think that discrediting state action in the social domain and abandoning the very idea of social rights constitutes progress toward thinking beyond the welfare state all it has done is allow the welfare state s destruction not a glimpse of something beyond daniel zamora share on facebook opens in new window facebook share on x opens in new window x share on bluesky opens in new window bluesky foucault s anti socialism 27 may 2023 at 16 34 posted in politics society comments off on foucault s anti socialism it is not difficult to discern foucault s animosity toward the post war left project obviously he was very hostile to marxism for foucault in 1977 the return of the revolution that s our problem you know it very well it s the desire itself of the revolution that is a problem foucault s non vote for mitterrand in 1981 was about more than just a vote it revealed his deep suspicion of the whole project of the left after 1945 with its strong state universal rights and public services the new philosopher andre glucksman summarized this sensibility in the master thinkers a book that foucault endorsed in a long review and characterized as brilliant what have we won in replacing a capitalist with a functionary in his view in the long run nationalization is domination let s not forget that at that moment he thought that the french left had no proper governmentality neoliberalism was thus attractive for a rethinking of the left it was a rethinking that would put aside all his ideas of revolution and of socializing the means of production rather than creating a serious social alternative to the post war left foucault did legitimize in many ways the idea that there was no alternative to the market daniel zamora share on facebook opens in new window facebook share on x opens in new window x share on bluesky opens in new window bluesky stefan nilsson 1955 2023 26 may 2023 at 23 29 posted in varia comments off on stefan nilsson 1955 2023 vår främste filmmusikskapare har gått ur tiden stefan skrev den sorts musik som glömskan inte rår på tack för allt vila i frid min vän bille augusts och ingmar bergmans mästerverk med stefan nilssons musik det vackraste och mest suggestiva i filmmusikväg som någonsin gjorts pelle erobreren baserad på martin andersen nexös episka mästerverk och med musik av stefan nilsson kjell åke anderssons filmatisering av göran tunströms mästerverk juloratoriet med gudabenådad musik av stefan nilsson share on facebook opens in new window facebook share on x opens in new window x share on bluesky opens in new window bluesky foucault s neoliberalism 26 may 2023 at 10 46 posted in economics politics society 4 comments although somewhat critical of its reductive elements foucault found certain attractive features in the ideal or programmatic form imagined by american neoliberalism namely that it envisages a kind of regulation outside sovereign disciplinary and biopolitical forms that it regulates without the fabrication of subjectivities and in a manner that optimizes difference and tolerates minority groups and practices second from a policy perspective foucault showed a certain acceptance of a neoliberal diagnosis of current problems of the welfare state as creating dependency as unresponsive and costly without offering an explicit endorsement of its reconstructions of health and social services as a series of markets finally from the perspective of concrete political alignments he displays an affinity with the second left those elements within french social democracy that opposed the statism of the first left and displayed a willingness to adopt neoliberal ideas and solutions intellectually foucault expresses most affinity with american neoliberalism of the chicago school from a public policy perspective he offers critiques of the welfare state found in the work of the principals of that school and explores technologies such as the negative tax that are sourced from such critiques and from a concrete political perspective he most clearly aligns himself with specific factions of the french left open to ideas and solutions borrowed from american neoliberalism to note this threefold affirmative relationship is not to denounce foucault as a neoliberal it is simply to indicate his much more serious and fundamental engagement with a contemporary form of economic liberalism than is usually allowed in foucauldian commentary mitchell dean share on facebook opens in new window facebook share on x opens in new window x share on bluesky opens in new window bluesky ricardiansk ekvivalens och budgetunderskott 25 may 2023 at 16 54 posted in economics comments off on ricardiansk ekvivalens och budgetunderskott få frågor inom politik och ekonomi diskuteras nu för tiden så mycket och förstås så lite som offentlig skuld många höjer sina röster och uppmanar till att minska skulden men få förklarar varför och på vilket sätt en minskning av skulden skulle främja en bättre ekonomi eller ett rättvisare samhälle dessutom finns det inga gränser för alla de katastrofer som en stor offentlig skuld förväntas leda till arbetslöshet inflation högre räntor lägre produktivitetstillväxt ökade bördor för kommande generationer osv osv människor bryr sig vanligtvis mycket om budgetunderskott och skulder inom offentlig sektor och är generellt sett oroade och negativa till det genom att dra paralleller till den egna hushållsekonomin betraktas skulder som en indikation på en nära förestående risk för obestånd och därmed en källa till fördömelse men även om ingen kan tvivla på den politiska och ekonomiska betydelsen av offentlig skuld råder det emellertid ingen enighet bland ekonomer om huruvida skuld spelar roll och i så fall varför och på vilket sätt och ännu mindre vet man vad som är den optimala storleken på offentlig skuld genom historien har offentliga skulder gått upp och ner ofta ökat under perioder av krig eller stora förändringar inom grundläggande infrastruktur och teknologi för att sedan minska under perioder när saker och ting har stabiliserats fördelarna och nackdelarna med offentlig skuld har diskuterats så länge som fenomenet självt har funnits men trots det har det inte varit möjligt att nå någon form av samförstånd i frågan man har vanligtvis inte ens kunnat enas om huruvida offentlig skuld är ett problem och om det är det när det är det eller hur man bäst hanterar det några av de mer framträdande skälen till detta bristande samförstånd är frågans komplexitet sammanblandningen av egenintressen ideologi psykologiska rädslor osäkerheten vid beräkning och uppskattning av intergenerationella effekter osv osv under merkantilismens era ansågs offentlig skuld vanligtvis vara positiv se exempelvis berkeley melon de pinto en syn som senare upprepades under 1800 talet av ekonomer som adolf wagner lorenz von stein och carl dietzel statens huvudsakliga mål var att kontrollera och fördela nationens resurser ofta genom regleringar och kraftfulla statliga ingripanden som en följd av ökad offentlig skuld skulle omsättningen av pengar och kredit öka mängden kapital och bidra till nationernas välstånd offentlig skuld betraktades i grunden som något som flyttades från den högra handen till den vänstra handen ekonomi behövde helt enkelt en stat som var beredd att låna betydande summor pengar och finansiella värdepapper och bli skuldsatt i processen det fanns också en tydlig politisk dimension i frågan och vissa författare var medvetna om att regeringens lån och skuldsättning kunde ha en politiskt stabiliserande effekt investerare hade ett egenintresse av stabila regeringar låg ränta och låg riskpremie och var därför instinktivt lojala mot regeringen inom den klassiska ekonomin i fotspåren av david hume framförde särskilt adam smith david ricardo och jean baptiste say mer negativa åsikter om offentlig skuld en god budget var en balanserad budget om regeringen lånade pengar för att finansiera sina verksamheter skulle det bara leda till att privata företag och investeringar trängdes ut staten ansågs generellt sett vara oförmögen att betala sina skulder och den verkliga bördan skulle därför i huvudsak falla på skattebetalarna som i slutändan fick betala för regeringens oansvarighet argumentationens moraliska karaktär var en framträdande egenskap antingen måste nationen förstöra den offentliga kreditvärdigheten eller så kommer den offentliga kreditvärdigheten att förstöra nationen hume 1752 senare under 1900 talet skulle ekonomer som john maynard keynes abba lerner och alvin hansen återigen inta en mer positiv syn på offentlig skuld offentlig skuld var normalt sett inget att frukta särskilt om den finansierades inom landet självt men även utländska lån kunde vara gynnsamma för ekonomin om de investerades på rätt sätt vissa medlemmar i samhället skulle äga obligationer och tjäna ränta på dem medan andra skulle betala skatten som i slutändan finansierade räntan på skulden men skulden ansågs inte vara en nettobörda för samhället som helhet eftersom skulden i princip upphävde sig själv mellan de två grupperna om staten kunde emittera obligationer till en låg räntesats kunde arbetslösheten minskas utan att det nödvändigtvis ledde till starkt inflationstryck och den intergenerationella bördan var ingen verklig börda enligt denna grupp av ekonomer eftersom skulden genom sina effekter på investeringar och sysselsättning faktiskt skulle vara nettovinnare om den användes på lämpligt sät...
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