I have just finished reading Mark Carney’s dense and fascinating book, Values: an Economist’s Guide to Everything that Matters, 456 pages of well-argued, interesting, but not necessarily riveting prose. He first provides a well documented history of the connection between finance, currencies and value, where ‘value’ has two meanings: value (as in market value) andContinue reading “Mark Carney’s book: second-best Values”
Tag Archives: economics
Trump is a mirror to our values
Donald Trump’s dismantling of administration, legal authority, and common decency are the logical end-game of a system of ideas, introduced in the 1940s by Hayek, Friedman and others of the early Mont-Pelerin society, that have become the common-sense baseline for most social interactions today: market-driven, property-oriented, and transactional. Trump is terrifying not because he isContinue reading “Trump is a mirror to our values”
Richard Shearmur 