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The Econocracy (book)
The Econocracy: the perils of leaving economics to the experts is a 2017 book by Joe Earle, Cahal Moran and Zach Ward-Perkins that argues that the United Kingdom has become an econocracy, a society in which improving the economy has become the main purpose of politics. They demonstrate how this undermines democracy, in turn increasing the power and authority of economists. The authors see this as societally damaging because of the problematic state of the discipline of economics. The book includes interviews with student organisers and a curriculum review of university economics education at seven universities across the UK. The authors are part of the globally active International Student Initiative for Pluralist Economics, which became Rethinking Economics in the UK. The movement campaigns for pluralism in economics and seeks to democratise economics. Reception Aditya Chakrabortty reviewed the book positively in the Guardian calling the book ‘a case study for the question ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cahal Moran
Irish Name The original Gaelic form of Cahal was Mac Cathail or O Cathail, while is derived from the personal name Cathal, which is generally Anglicized as Charles. Cahal is derived from the Old Irish "catu-ualos" which means "valor or powerful in battle". Early Origins of the Cahal surname The surname Cahal was first found in County Kerry and Tipperary as there are at least two distinct septs of the name. The first sept from County Kerry descend from the Heremon line of kings and were known as the Cahills of Connaught. The second sept claim descent from the Ir line of kings and were located at Corkashinny, or the parish of Templemore, Tipperary. This line further branched to the eponymous Ballycahill, Tipperary. Both branches descended from O'Connors, the Kings of Connacht, specifically "Cathal," also known as Conor na Luinge Luaithe, when anglicized means "Conor, the Swifter-Sailing Ship" which may allude to the seafaring coat of arms used by the family. People with the surnam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zach Ward-Perkins
Zack or Zach may refer to: People * Zach (surname), various people * Zack (surname), various people * Zack (personal name), lists of people and fictional characters named Zack, Zach, Zac, Zak or Zakk * Záh (gens) or Zách, a ''gens'' (clan) in the Kingdom of Hungary Places * Zack, Texas, a formerly populated place * Zach (crater), on the Moon Arts and entertainment * ''Zack'' (play), a 1920 play by Harold Brighouse * ''Zack'', a novel by William Bell Others * Tropical Storm Zack (1992), a tropical storm that did not make landfall * Typhoon Zack (1995), a Category 4 typhoon that hit the Philippines and Vietnam See also * Zacks, a surname * ZAC (other) * Žač, a village in Kosovo * Zac Zac is a masculine given name, often a short form (hypocorism) of Zachary or Zechariah. It may refer to: People: * Zac Alexander (born 1989), Australian professional squash player * Zac Brooks (born 1993), American National Football League playe ..., a list of people with the given ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Econocracy
Econocracy defines a society in which improving the economy has become the main purpose of politics and economic policymaking has become a technocratic process. The term econocrat was first coined by Peter Self in 1976 to describe those with the professional training that qualifies them in the eyes of society as an expert on the economy. The term Econocracy was then developed by several different writers in 2016 to talk about how the economy and economists themselves have come to play a central role in modern societies. Definition Earle, Moran and Ward-Perkins argue in their book ''The Econocracy: The perils of leaving economics to the experts'' that an econocracy has the following characteristics: *A society in which a wide range of political goals are defined and valued in terms of their effect on the economy. *The economy is believed to be a distinct system with its own logic. *This system requires experts to manage it and so economic policymaking increasingly become ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Student Initiative For Pluralist Economics
The International Student Initiative for Pluralist Economics (ISIPE) is an alliance of university student groups and societies from several countries campaigning for a reform of economics education and research. Founded in early 2014, the Initiative brings together various groups that had previously operated at a local or national level such as Rethinking Economics. It argues for a reorientation of the discipline toward pluralism in university curricula as well as research activity, involving the inclusion and equal treatment of heterodox approaches, greater interdisciplinarity, as well as increased awareness of methodological issues, the history of economic thought, and economic history. Background In the second half of the 20th century, the discipline of economics came to be increasingly dominated by what is seen by the Initiative as a fundamentally uniform, monolithic approach (which may be referred to as mainstream, neoclassical, orthodox, or dominant paradigm economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rethinking Economics
Rethinking Economics is a network of academic scholars and students in several countries that promotes pluralism in economics. It grew out of the broader International Student Initiative for Pluralist Economics and has groups in the United Kingdom, Italy, the Netherlands, India, Bangladesh, the US, Norway and many more countries. The goal of the movement is to open up the discipline to different schools of thought in economics other than neoclassical economics and to other disciplines in the social sciences. Another aim is to make economics more accessible to the broader public. Background In 2011, the Bank of England organized a conference ‘Are Economics Graduates Fit for Purpose?’ which although widely discussed did not lead to substantive changes in the way economics is taught in many universities. Subsequently, a group of Manchester economics students who were dissatisfied with the inertia of the economics discipline after the Great Recession founded the Post-Crash Economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diane Coyle
Diane Coyle (born February 1961) is an economist and a former advisor to the UK Treasury. She was vice-chairman of the BBC Trust, the governing body of the British Broadcasting Corporation, and was a member of the UK Competition Commission from 2001 until 2019. Since March 2018, she has been the Bennett Professor of Public Policy at the University of Cambridge, co-directing the Bennett Institute. Early life Coyle was born in Bury, Lancashire, and attended Bury Grammar School (Girls), Bury Grammar School for Girls, where a teacher engaged her "very sceptical and mathematical" mind with the logical way of thinking required in economics. She did her undergraduate studies at Brasenose College, Oxford, reading philosophy, politics, and economics, before gaining an MA and a PhD in Economics from Harvard University, graduating in 1985, her thesis was titled ''The dynamic behaviour of employment (wages, contracts, productivity, business cycle)''. Career Coyle was an economist at the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC Trust
The BBC Trust was the governing body of the British Broadcasting Corporation (BBC) between 2007 and 2017. It was operationally independent of BBC management and external bodies, and its stated aim was to make decisions in the best interests of licence-fee payers. On 12 May 2016, it was announced in the House of Commons that, under the next royal charter, the regulatory functions of the BBC Trust were to be transferred to Ofcom. The trust was established by the 2007 BBC Charter, which came into effect on 1 January in that year. The trust, and a formalised Executive Board, replaced the former Board of Governors. The decision to establish the trust followed the Hutton Inquiry, which had heavily criticised the BBC for its coverage of the death of David Kelly; Labour's political opponents, as well as large numbers of its supporters, saw the Hutton Inquiry as a whitewash, designed to deflect criticism from Tony Blair's government. In summary, the main roles of the Trust are in se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ha-Joon Chang
Ha-Joon Chang (; ; born 7 October 1963) is a South Korean institutional economist, specialising in development economics. Chang is the author of several widely discussed policy books, most notably ''Kicking Away the Ladder: Development Strategy in Historical Perspective'' (2002). In 2013, ''Prospect'' magazine ranked Chang as one of the top 20 World Thinkers. He has served as a consultant to the World Bank, the Asian Development Bank, the European Investment Bank, as well as to Oxfam and various United Nations agencies. He is also a fellow at the Center for Economic and Policy Research in Washington, D.C. In addition, Chang serves on the advisory board of Academics Stand Against Poverty (ASAP). Biography After graduating from Seoul National University's Department of Economics, he studied at the University of Cambridge, earning an MPhil and a PhD for his thesis entitled ''The Political Economy of Industrial Policy – Reflections on the Role of State Intervention'' in 199 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Martin Wolf
Martin Harry Wolf (born 16 August 1946 in London) is a British journalist of Austrian-Dutch descent who focuses on economics. He is the associate editor and chief economics commentator at the ''Financial Times''. Early life Wolf was born in London, in 1946. His father Edmund was an Austrian Jewish playwright who escaped from Vienna to England before World War II. In London, Edmund met Wolf's mother, a Dutch Jew who had lost nearly thirty close relatives in the Holocaust. Wolf recalls that his background left him wary of political extremes and encouraged his interest in economics, as he felt economic policy mistakes were one of the root causes of World War II. He was an active supporter of the Labour Party until the early 1970s. Education Wolf was educated at University College School, a day independent school for boys in Hampstead in north west London, and in 1967 entered Corpus Christi College at Oxford University for his undergraduate studies. He initially studied Cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pluralism In Economics
The pluralism in economics movement is a campaign to change the teaching and research in economics towards more openness in its approaches, topics and standpoints it considers. The goal of the movement is to "reinvigorate the discipline ... nd bringeconomics back into the service of society". Some have argued that economics had greater scientific pluralism in the past compared to the monist approach that is prevalent today. Pluralism encourages the inclusion of a wide variety of neoclassical and heterodox economic theories—including classical, Post-Keynesian, institutional, ecological, evolutionary, feminist, Marxist, and Austrian economics, stating that "each tradition of thought adds something unique and valuable to economic scholarship". History Critics of mainstream economics have called for a reform of the discipline in the past. The movement for pluralism can therefore be traced to wider movements for progressive change in the 1960s and 1970s, with economists like ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Econocracy
Econocracy defines a society in which improving the economy has become the main purpose of politics and economic policymaking has become a technocratic process. The term econocrat was first coined by Peter Self in 1976 to describe those with the professional training that qualifies them in the eyes of society as an expert on the economy. The term Econocracy was then developed by several different writers in 2016 to talk about how the economy and economists themselves have come to play a central role in modern societies. Definition Earle, Moran and Ward-Perkins argue in their book ''The Econocracy: The perils of leaving economics to the experts'' that an econocracy has the following characteristics: *A society in which a wide range of political goals are defined and valued in terms of their effect on the economy. *The economy is believed to be a distinct system with its own logic. *This system requires experts to manage it and so economic policymaking increasingly become ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
