Connecting with the ignored

by Debra Efroymson “What’s your dog’s name?” “Tiger,” I reply, as I pass a row of beggars. “What’s your dog’s name?” the same beggar asks the next day. I sigh slightly. “Tiger.” On day three, when he asks again, I stop, put my hands on my hips, and scold him. “I’ve already told you twice! Read more about Connecting with the ignored[…]

What is an economics of wellbeing?

by Debra Efroymson Recently I asked an economics graduate what she was learning in her economics classes at university. She replied that they taught microeconomics and macroeconomics. In short, micro deals with consumers and macro with industry. I explained my feeling that the only possible use for economics is to identify what the basic needs Read more about What is an economics of wellbeing?[…]

Welcome to this new blog!

There’s a funny thing about trying to do something good in this world: it often feels like all the forces are allied against us. If we want to do something harmful, like sell a dangerous or useless product that is bad for health and the environment, well, go right ahead! But if we want to Read more about Welcome to this new blog![…]

Microcredit: A miracle cure for poverty?

A woman jumped into a well with her two-year-old son because she couldn’t pay off her debt to the microcredit company. Another woman sold her daughter to a prostitution ring to pay off her debt. Hundreds of other women tried killing themselves to escape their debt as the impending debt payments stripped them of their Read more about Microcredit: A miracle cure for poverty?[…]

Economics is too important to leave in the hands of experts

Life is sufficiently complex that experts are often needed. They can provide helpful advice and guidance on a number of subjects. But they can also enjoy more power than is safe. By telling others that only they have the knowledge needed to make a good decision, they can keep the public out of the picture. Read more about Economics is too important to leave in the hands of experts[…]