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Economics and Crises – an Epic History of Self-Healing 287.0

Posted by on February 7, 2011 · 5 Comments 

Major crises in the real world have buffeted theoretical economics as social science through the two centuries of its existence. In the manner of the self-healing free markets that it describes, it went through major early adjustments from the classical like the marginalist and Keynesian adaptations to the multiple branches today in order to adapt [...]

Filed under Books and Journals, Discovering economic locomotives and attaining competitiveness through modern industrial policy · Tagged with , , , , , , , , , , , , , ,

Amartya Sen Says Development Follows Expanding Freedoms 237.0

Posted by on July 30, 2010 · 8 Comments 

Amartya Sen, 1998 Nobel Prize winner for economics, is one of the most eminent development economists today. In his book, Development as Freedom (1999, Anchor), Professor Sen quotes Aristotle in the Nicomachean Ethics in justifying why he believes freedom is more important than wealth as the true object and subject of development: “wealth is evidently [...]

Filed under Books and Journals, Social Innovation · Tagged with , , , ,

Looking Forward with Pres Aquino on Philippine Development 229.0

Posted by on June 30, 2010 · 3 Comments 

As I write this post, I am listening to President Aquino deliver his inaugural speech; indeed an inspiring one as an inaugural speech ought to be. Just institution-building? Yet, from the speech, President Nonoy seems just focused in building, if not re-building, the institutions of a working capitalist democracy – possibly as countervailing powers in [...]

Filed under Books and Journals, Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Financing of Innovation · Tagged with , , , , , , , ,