Author Archives: Kevin Albertson

Neoliberalism: dangerous myths and/or frightening realities? Part 3

A blog in four parts by Paul Kennedy: MMU Visiting Research Fellow and formally Reader in Sociology – with Kevin Albertson Part 3. Follow the money In last week’s blog we considered the topic of motivations and their role in … Continue reading

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Neoliberalism: dangerous myths and/or frightening realities? Part 2

A blog in four parts by Paul Kennedy: MMU Visiting Research Fellow and formally Reader in Sociology – with Kevin Albertson Part 2: On markets and motivations In last week’s blog we argued that a consideration of markets, without regard … Continue reading

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Neoliberalism: dangerous myths and/or frightening realities? Part 1

A blog in four parts by Paul Kennedy: MMU Visiting Research Fellow and formally Reader in Sociology – with Kevin Albertson Part 1: Neoliberalism – How’s it doing anyway? Neoliberalism[1] draws us into a discourse which promises, even guarantees, enhanced … Continue reading

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Unimaginative Economics

In 2008 Queen Elizabeth asked of a group of eminent economists at the LSE why they had not foreseen the global financial crisis. The response, to all intents and purposes, was that economists had not thought such a thing might … Continue reading

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The ‘inefficient’ economics of Fathers’ Day

Recently I, along with many others no doubt, received a Fathers’ Day card. I found this particularly gratifying as I had told the sender, wee Jimmy, that he didn’t have to send me a Fathers’ day card – I had … Continue reading

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Between a rock and a hard place: After the EU elections

The EU elections revealed a further surge of support for right wing ‘rejectionist, nativist, nationalist’ (Rawnsley 2014)i and sometimes racist policies. But this wasn’t only about immigrants. There was also disillusionment with the idea of European Unity per se and … Continue reading

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The Inherent Vice of Capitalism

The row over Piketty’s number crunching risks obscuring some powerful conclusions about inequality and capital. Markets may need inequalities to function, but it is a deeply flawed argument which says social injustice should be ignored for markets’ sake. Please go … Continue reading

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Domestic Violence – False Economy

Imagine we could rescue a thousand people from domestic violence. What could be a more worthwhile use of the power of economics? Mainstream economic analyses of household spending are known as ‘bargaining models’. There are differences of opinion between members … Continue reading

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Free Markets for Free Men – in Theory

In 1974 the free-market economist Milton Friedman[1] was asked to speak on the subject “Free Markets for Free Men”. The topic, having been chosen for him by the chairman of the business leaders before whom he spoke, implied he might … Continue reading

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Economics: Positively Amoral?

There are few times of the year when the existence, or otherwise, of ethics and morals spring readily to mind; and this may be true of Christmas as well. However, it seems likely that the probability of hearing the phrase … Continue reading

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