economics   207710

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The Circle of Epistemology of Economics
Formed in 1988, the Circle of Economic Epistemology is a research seminar devoted to the issues of economic epistemology, economic philosophy and the history of economic thought. It meets once or twice a month at the Maison des Sciences Economiques in Paris, Thursday from 18h to 20h, around an external speaker, responsible for presenting a new area of ​​research or defending the thesis of an article or from a book he or she recently published.

The seminar brings together advanced students (M2R and doctoral students) as well as researchers from disciplinary horizons - and academic institutions - varied: the economy of course, mainly, but also the philosophy of science, political philosophy, sociology , intellectual history, history of science, sociology of science, economic history.

Its purpose is to present, discuss and contribute to the advancement of research on the analytical and methodological foundations of the economy. Special attention is thus given to recent developments in economic theory and its related disciplines (statistics, econometrics) and issues of disciplinary boundaries between economics, psychology, demography, sociology and philosophy.
epistemology  economics 
1 hour ago by tonyyet
Fascists and Revolutionaries - American Affairs Journal
The millennial mystery is the puzzle that Malcolm Harris (b. 1988) seeks to address in his new book, Kids These Days: Human Capital and the Making of Millennials. An anarchist and Occupy Wall Street veteran (once labeled the “Naomi Klein of the twenty-first century” in an unintentionally comic PR blast), Harris sets out to provide a more or less Marxian analysis of the economic and institutional structures that have created the millennial generation, which he defines as those born between 1980 and 2000. We are, in his telling, the products of the unprecedented victory of capitalism, coming of age in a forty-year period defined by economic stagnation, wage polarization, the hollowing out of the middle class, the rising instability (or “precarity”) of labor, and, above all, the expansion of competition and exploitation into hitherto protected areas of life such as childhood, friendship, and dating. Success in this world, he writes, “requires a different kind of person, one whose abilities, skills, emotions, and even sleep schedule are in sync with their role in the economy.” This new person is the millennial—a living, breathing vessel for the accumulation of human capital, or the productive skills and knowledge that we accumulate over our lifetime as workers. Our morbid symptoms are simply signs that the resulting pressure is making us crack.
economics  decline  millennials 
yesterday by dwalbert
Stock Buybacks Are Killing the American Economy - The Atlantic
Yet despite this extra $1 trillion a year in corporate profits, job growth remains anemic, wages are flat, and our nation can no longer seem to afford even its most basic needs.
Where did all this money go?

The answer is as simple as it is surprising: Much of it went to stock buybacks—more than $6.9 trillion of them since 2004, according to data compiled by Mustafa Erdem Sakinç of The Academic-Industry Research Network. Over the past decade, the companies that make up the S&P 500 have spent an astounding 54 percent of profits on stock buybacks.
profits  economics  buybacks 
yesterday by dpb
Technological Unemployment: Much More Than You Wanted To Know | Slate Star Codex
Scott arguing that it's technologic *underemployment* (people training for things, and then the jobs ceasing to exist sooner than they expected) that we should worry about. > 1. Technological unemployment is not happening right now, at least not more so than previous eras. The official statistics are confusing, but they show no signs of increases in this phenomenon. (70% confidence)

2. On the other hand, there are signs of technological underemployment – robots taking middle-skill jobs and then pushing people into other jobs. Although some people will be “pushed” into higher-skill jobs, many will be pushed into lower-skill jobs. This seems to be what happened to the manufacturing industry recently. (70% confidence)

3. This sort of thing has been happening for centuries and in theory everyone should eventually adjust, but there are some signs that they aren’t. This may have as much to do with changes to the educational, political, and economic system as with the nature of robots per se. (60% confidence)
employment  economics  scott_alexander  future 
yesterday by porejide

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