Category Archives: Economy

Bye Bye Middle Class

Posted on July 25, 2010 by

22 Statistics That Prove The Middle Class Is Being Systematically Wiped Out Of Existence In America. Although this link doesn’t do much more for me than to validate what I already know, it nicely puts all the stats into one … Continue reading →

Posted in Economy | 1 Comment

Adam Smith, Deleuze, and Compositionalism

Posted on July 6, 2010 by

Adam Smith is often held up as the darling and founding father of neoclassical economic theory, and by extension neoliberal attitudes towards the market, Smith does indeed question the effectiveness of state intervention within the market. Beginning with the premise … Continue reading →

Posted in Adam Smith, Compositionalism, Deleuze, Economy | Leave a comment

BP, the Real, and Aristotle

Posted on June 28, 2010 by

Taking advantage of some time off – even if in an airport – I read Mark Fisher’s Capitalist Realism. This small little book – really a long essay at 81 pages – is an excellent example of a text that … Continue reading →

Posted in Aristotle, Donald Davidson, Economy | 1 Comment

Perhaps the Mayan calendar is right…

Posted on June 24, 2010 by

As Niall Ferguson argues in this clip (from CNBC [I know, bublevision as Bill Fleckenstein called during the bubble years of the late 90s]), we’re headed for a major fiscal crisis, a death spiral, in two years. What is interesting, … Continue reading →

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Creative Destruction or Creative Stimulus, or …?

Posted on June 22, 2010 by

With the ECRI index pointing lower, an index that has quite accurately correlated with previous recessions, and with budget cuts and austerity measures being enacted across Europe (most recently Britain), we may very well be headed for another recession. This … Continue reading →

Posted in Economy, Higher Education | 1 Comment