The API Blog expanded and improved! The API Blog is now available to all interested parties to post original material and comments. Those who already have accounts can continue to access the blog as usual. All other submissions and comments to:

Submissions and comments must be consistent with the API’s:

VISION: about discourse on matters of public interest based on sound philosophical   methods and analysis

MISSION: to promote and sustain philosophical research and improve our quality of life by offering platforms for informed discussion, and provide leadership and excellence in philosophical discourse for our communities, associates, members, and partners.

CORE VALUES: of knowledge, collaboration, respect, dignity and compassion

Inappropriate material will not be posted.

What is a Theory of Money? By Graham Hubbs

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.

Can Heterodox Economics Make a Difference?: Conversations With Key Thinkers, by Phil Armstrong, Published by Edward Elgar (advertised publication date 27 Nov. 2020, hardcover)

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.