January 18, 2017
Twitter definitely beats work. On Monday, Oxfamâs Max Lawson kicked off a discussion on the best song about economic inequality, which got enough candidates for an impromptu âSong for Davosâ competition â check these out and vote. Creedence Clearwater Revival, Fortunate Son [Max Lawson] Bob Marley, Them Belly Full [me, with post on Marley v IMF] Motorhead, Eat the Rich
Read more >>
Davos & Inequality Continued: What does an alternative economic vision for the future look like?
January 17, 2017
Deborah Hardoon, who really ought to be resting on her laurels after her report for Davos went viral yesterday, springs to the defence of (the right kind of) economics. Nerd Alert. As a student of economics, I always found the technical aspects of the subject deeply satisfying. Getting to the ârightâ answer using algebra and statistics, solving âproofsâ and finding
Read more >>
8 men now own the same as the poorest half of the world: the Davos killer fact just got more deadly
January 16, 2017
Itâs Davos this week, which means itâs time for Oxfamâs latest global âkiller factâ on extreme inequality. Since our first calculation in 2014, these have helped get inequality onto the agenda of the global leaders assembled in Switzerland. This year, the grabber of any headlines not devoted to the US presidential inauguration on Friday is that itâs worse than we
Read more >>
Preaching to the Converted and the Path to Unlearning: this week’s random conversations
January 13, 2017
Had some interesting if random discussions this week â I work from home a lot, and then get far too excited when I actually end up in a room with interesting people. Â Two thoughts (among many) seem worth capturing: Preaching to the converted: This is something weâre not supposed to do â waste of time all agreeing with each other,
Read more >>
A 3-fold theory of social change (and some great quotes on complexity, ambiguity and dreaming)
January 12, 2017
Sometimes a paper is worth blogging about just for the quotes. Here are the best from a 2016 update of Doug Reelerâs âA Three-Fold Theory of Social Changeâ: âI would not give a fig for the simplicity on this side of complexity. But I would give my life for the simplicity on the other side.â Oliver Wendell Holmes âWhosoever wishes
Read more >>
Is the Anti-Politics machine still a good critique of the aid business?
January 11, 2017
Just been re-reading a great 6 page summary of James Fergusonâs 1994 classic critique of the aid industry, The Anti-Politics Machine. Read this and ask yourself, apart from the grating use of the term âThird Worldâ, how much has changed? âAny question of the form âwhat is to be done?â demands first of all an answer to the question, âBy
Read more >>
What is Fiscal Justice? A rationale and some great examples
January 10, 2017
What is âFiscal Justiceâ? Itâs one of those campaign buzzwords that appears every so often, and Oxfam is going big on it (youâll hear plenty about it at the impending Davos meeting, provided the media cover anything other than Donald Trumpâs inauguration that week). If you want to get a sense of what it means on the ground, check out
Read more >>
Book Review: Social Physics : How Social Networks can make us Smarter
January 6, 2017
My Christmas reading included a book called Social Physics – yep, a party animal (my others were Lord of the Flies and Knausgard Vol 3, both wonderful). Here’s the review: Airport bookstores are bewildering places â shelf after shelf of management gurus offering distilled lessons on leadership, change and everything else. How to distinguish snake oil from substance? My Christmas
Read more >>
How bad is my filter bubble problem? Please help me find out
January 5, 2017
In an idle moment over the Christmas break, I decided to run a twitter poll to assess the extent of my filter bubble. For any of you whoâve been on a different planet for the last few months, thatâs the social media phenomenon whereby you like/follow/read only those sources that broadly agree with you, creating an echo chamber that can
Read more >>
How many readers? Where from? What were their favourite posts? Stats for 2016 on FP2P
January 3, 2017
Hi everyone, Happy New Year and all that. Thought Iâd kick off with the usual feedback post on last yearâs blog stats: The blog passed a couple of milestones last year â since it started in 2008, itâs clocked up 2000 posts, 1.4 million words, and 10,000 comments (big thanks to everyone who takes the time to add theirs). Only
Read more >>
RIP Tony Atkinson: Here he is on our personal responsibility for reducing inequality
January 2, 2017
Tony Atkinson, one of the worldâs great thought leaders on poverty and inequality, died on New Yearâs Day. Combining intellectual rigour and a profound commitment to social justice, his life’s work epitomised the economics profession at its best. Here he is in the final chapter of his 2015 book âInequality: What can be done?â âI do not accept that rising
Read more >>