Tag: economics
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Mazzucato’s Compass for the Common Good
The policy guru and economist Marianna Mazzucato has produced another book well worth reading. The Common Good Economy: A New Compass, attempts to provide a strategic perspective framework for policy development that avoids some of the limitations of the dominant economics framework of Cost Benefit Analysis, the focus on the economic commons of Elinor Ostrom’s…
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Economics as a discipline is in trouble: Its own lessons on monopoly even say so!
Economics plays a central role in our societies with major policies framed, formed and implemented by its specialists and its special way of viewing the world (Maesse et al. ,2021). This role has brought some benefits- it is hard to deny that the phenomenal increase in general living standards and equality in developed countries from…