frederikmarain + social-entrepreneurship   169

The world’s most unproductive entrepreneur | Andrew Batson's Blog
Low’s tale also made me recall the distinction that William Baumol made between productive and unproductive entrepreneurs, in a famous 1990 article:
-> SE op continuum tussen onproductief entrenpreneurship en (sociaal) productief entrpreneurship???
econbasics  social-entrepreneurship  reluctantecon 
2 days ago by frederikmarain
The border between creation and cataclysm | The Enlightened Economist
Colin (a colleague of mine on the Natural Capital Committee) thinks that for the most part big companies deserve their dismal reputation: “The interests of the corporation have progressively diverged from those of the societies in which they operate.”
The book pins the blame squarely on the Milton Friedman doctrine that companies sole aim should be maximising shareholder value,
econbasics  social-entrepreneurship  friedman 
10 days ago by frederikmarain
The best job market paper I have seen so far this year - Marginal REVOLUTION
The process by which individuals become entrepreneurs is often described as a decisive moment of transition, yet it necessarily involves a series of smaller steps. This study examines how human capital and social capital are accumulated and deployed in the earliest stages of the entrepreneurial transition in the setting of “user entrepreneurship.” Using the unique dataset from Ravelry—the Facebook of knitters
social-entrepreneurship  *** 
5 weeks ago by frederikmarain
Pro-Market AND Pro-Business – Econlib
Both economists and libertarians often emphatically state, “I’m not pro-business. I’m pro-market.” What does this slogan really mean?
econbasics  reluctantecon  social-entrepreneurship 
august 2018 by frederikmarain
Jaron Lanier on fighting Big Tech’s ‘manipulation engine’ | Financial Times
“I don’t see how any society can hope to survive unless there’s at least some degree of alignment between society’s interests and economic incentives.”
econbasics  social-entrepreneurship 
july 2018 by frederikmarain
homo economicus, homo oppressus |
First, homo oppressus encourages people to see the world as a zero sum conflict. Marx is the classic example. There may be some short term economic growth, but ultimately social classes come into conflict. We also see versions of homo oppressus in feminist/masculinist theories, religious orthodoxy, and critical race theories. It is incredibly hard for someone committed to homo oppressus to understand that life is not zero sum and that many activities can enhance global well being yet still maintain inequality in various ways.
econbasics  social-entrepreneurship 
july 2018 by frederikmarain
Private and public value | The Enlightened Economist
In an echo of the wider debate about economic institutions, she argues that the Anglo-Saxon structures have become extractive or exploitative, rather than value-creating. I was briefly excited by her use of the term ‘public value’, with the BBC as an example; but she does not reference the political science literature on public value or that the BBC actually implemented formal public value processes. The book instead links the term to Elinor Ostrom’s work on collective decisions (wonderful as it is).
social-entrepreneurship  econbasics 
may 2018 by frederikmarain
Against Equality and Priority MICHAEL HUEMER
I start from three premisses, roughly as follows: (1) that if possible world x is better
than world y for every individual who exists in either world, then x is better than y; (2) that if
x has a higher average utility, a higher total utility, and no more inequality than y, then x is
better than y; (3) that better than is transitive. From these premisses, it follows that equality
lacks intrinsic value, and that benefits given to the worse-off contribute no more to the
world’s value than equal-sized benefits given to the better-off.
social-entrepreneurship  inequality 
may 2018 by frederikmarain
Marketcraft | The Enlightened Economist
Somewhat ironically, Vogel reflects on the same tension in Karl Polanyi’s The Great Transformation, noting that it both asserts that ‘the market’ becomes a separate sphere from society, commodifying a growing territory of life, and that the self-regulating free market is a myth because markets are always socially embedded.
econbasics  social-entrepreneurship  polanyi 
april 2018 by frederikmarain
Is this time different? What can we learn from #MeToo and #NeverAgain | In Due Course
But it is also useful to remember that social change is also a realm for entrepreneurship. As both #MeToo and #NeverAgain are demonstrating, it is still in the power of a few dedicated and well-positioned people to change the world.
march 2018 by frederikmarain
Hillbilly elegist JD Vance: ‘The people calling the shots really screwed up’
He works for Revolution, Steve Case’s venture capital firm, on a campaign called “Rise of the Rest” that is intended to fill the gap.
february 2018 by frederikmarain
The Paradox of Profits: Part 1 – Arnold Kling – Medium
while the profits that accrue to any given individual may be unjust, the profit system itself is necessary in order to have a modern, progressive society.
econbasics  social-entrepreneurship 
november 2017 by frederikmarain
Max Weber Was Wrong -
Weber wisely understood as well that greed was not invented in the 16th century, which is a persistent if silly theory about markets. He wrote in The Protestant Ethic that "it should be taught in the kindergarten of cultural history that this naive idea [about] capitalism must be given up once and for all." Greed "has been common to all sorts and conditions of men at all times and in all countries of the earth."
econbasics  social-entrepreneurship 
november 2017 by frederikmarain
Is it fair to say that most social programmes don't work? - 80,000 Hours
Of individual projects, when tested with well-powered randomised controlled trials, perhaps over 80% don’t “work”, i.e. deliver a reasonable effect size relative to cost.
Perhaps 1-10% have negative effects.
econbasics  social-entrepreneurship 
august 2017 by frederikmarain
@KenCaldeira | Environmental science of climate, carbon, and energy
We will not solve the climate problem by teaching people to be less selfish. If we have to wait until people learn to make self-sacrificing snap judgments before we can solve the climate problem, we will be waiting until it is too late.
econbasics  social-entrepreneurship 
december 2016 by frederikmarain
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