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David Graeber, Against Economics: “Economic theory as it exists increasingly resembles a shed full of broken tools. This is not to say there are no useful insights, but fundamentally the existing discipline is designed to solve another century’s problems.”

1/Here's a @bopinion  post where I take on David Graeber and his most recent broadside against the field of economics:

@Noahpinion  @bopinionDavid  Graeber would be showing a more up-to-date knowledge of economics if he hailed me as a hero for questioning the faulty assumption economists have had that there is a lower bound to nominal interest rates.

Against Economics | by David Graeber | The New York Review of Books

David Graeber has an insanely libertarian take on income taxes. Am I reading a lefty anthropologist, or am I reading Friedrich Hayek???

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Here was my 2014 review of David Graeber's magnum opus, "Debt: The First 5000 Years":

Ordered the book. I always get a quick warm feeling when someone criticizes utility theory, which I detest. (The one good thing about options theory is it doesn’t require utility) Against Economics | by David Graeber | The New York Review of Books

This paper suggests that "bullshit jobs", as David Graeber calls them, are behind much of wage stagnation:

“Some” cherry picking - which I don’t agree with - but a great read nonetheless by David Graeber. A book review of Money and Government: The Past and Future of Economics by Robert Skidelsky

David Graeber'>Anthropologist David Graeber asked people if they thought their jobs were valuable. He was startled by the results. “Between 37%-40% of all people who had jobs were convinced if their job didn't exist, it would make no difference at all.” @HiddenBrain )

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In Opinion David Graeber writes, "If ever a time called for grand visions, this is it. Yet politicians almost everywhere seem unable to think beyond the next election."

"Instead of simply working half the time, which we could've done, we seem to have collectively decided it would be a better idea to make up jobs that most of the people doing them feel are doing nothing at all" - author of Bullshit Jobs, David Graeber tells #newsnight 

We're racing towards another private debt crisis - so why did no one see it coming? (David Graeber)

I didn't understand how widespread rape was. Then the penny dropped | David Graeber

Turkey could cut off Islamic State’s supply lines. So why doesn’t it? | David Graeber

Turkey could cut off Islamic State’s supply lines. So why doesn’t it? | David Graeber

Britain is heading for another 2008 crash: here’s why | David Graeber Spot on, and inevitable. Please read it

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