API Blog

Introduction

I imagine that in the end, most of us hope to see ourselves at 95, looking back with delight and saying: “I lived a good life!”. I don’t imagine that, at that particular moment, we’ll be pondering on that exam we failed at 15, or on that tropical vacation we took at 25, or on that trendy outfit we wore at 35.

As is true of any other social kind, money can be studied in a variety of ways, for a variety of reasons, towards one or several of a variety of ends. A businessperson who wants to know how to make money might study the way it is produced in markets to enrich themselves. They might not think much about what, at its core, money is, even though it rules everything around them. Many academic economists, similarly ruled by money, likewise take next to no interest in its ontology even though they talk constantly about it.

The eye has never seen, nor the h& touched a dollar.

A. M. Innes, “The Credit Theory of Money”

Or perhaps it is a misunderstanding to peel back skin in order to bare the mechanics of the mirage.

Rosmarie Waldrop, The Reproduction of Profiles

Inequalities and the Progressive Era. Breakthroughs and Legacies, by Guillaume Vallet (ed.), Published by Edward Elgar (advertised publication date 26 June 2020, hardcover) https://www.elgaronline.com/view/edcoll/9781788972642/9781788972642.xml?rskey=7FnEFB&result=1

Life is time dependent, long and yet too short for all that seems yet to do.

I recall those infinite possibilities what I might do when I grow up

'When I grow up I will….'

The book follows from my PhD primary research programme and my reflection that, on the face of it, the ability of mainstream economics to survive the global financial crisis with its hegemony seemingly intact is quite surprising. The profession claims to be essentially positivist in approach. They have described their own practice as consisting of developing theory on the basis of a priori assumptions about human behaviour.

History of elevators