New paper by Esteban Pérez Caldentey & Matías Vernengo: Raúl Prebisch and economic dynamics

Raúl Prebisch and economic dynamics: cyclical growth and centre-periphery interaction By Esteban Pérez Caldentey and Matías Vernengo From the abstract: Prebisch believed that understanding the evolution of capitalist economies over time and in different contexts required a general cycle approach, encompassing all the different areas of economic activity, which he labelled “economic dynamics.” This theory, … More New paper by Esteban Pérez Caldentey & Matías Vernengo: Raúl Prebisch and economic dynamics

On neocolonialism and the crisis in Puerto Rico

Argeo T. Quiñones-Pérez and Ian J. Seda-Irizarry discuss in this piece the crisis in Puerto Rico. Austerity is being imposed with dire consequences for the population. The Democratic primary, won by Hillary last night, divided the left. Quiñones and Seda suggested that Bernie was the hope of those that wanted to start the process of decolonization. … More On neocolonialism and the crisis in Puerto Rico

New INET Paper by Matías Vernengo: Who is afraid of Neoliberalism? A comment on Mirowski

By Matías Vernengo While the Neoliberal movement’s concerns extend into a broad political reorganization of society, it remains intimately connected with neoclassical economic thought. The idea of a Neoliberal Thought Collective (NTC) being a “completely different school of thought” from neoclassical economics is not quite correct. It is true that Neoliberalism transcends the more limited … More New INET Paper by Matías Vernengo: Who is afraid of Neoliberalism? A comment on Mirowski

DisORIENT: Money, Technological Development and the Rise of the West

By Matias Vernengo A very short paper on a very broad subject, co-written with David Fields, which was presented at the last ASSA Meetings in San Francisco. It is forthcoming in the Review of Radical Political Economics (RRPE). The title is derived from Gunder Frank’s ReORIENT, that David and I always thought was thought provoking, … More DisORIENT: Money, Technological Development and the Rise of the West

Matias Vernengo on the Panama Papers

See here: Matias Vernengo on the Panama Papers – Note: The functionality of payola is endemic to capitalism, due to the fluidity of legality that allows the forces of endless accumulation to proceed accordingly. Thus, to generally consider state actors and agents of capitalist enterprise as ordinary ethical, righteous, upstanding representatives of constitutionality is utterly … More Matias Vernengo on the Panama Papers