Home > Dead Ideas book > The author waits anxiously …

The author waits anxiously …

August 10th, 2010

… for the first book review to come in, and happily, it’s a good one, from Buttonwood, who has long been my favorite columnist/blogger at The Economist.

Get more news as it happens on

http://www.facebook.com/#!/pages/Zombie-Economics-by-John-Quiggin/123348251033799?v=wall&ref=ts

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  1. Alice
    August 10th, 2010 at 21:07 | #1

    like an expectant father…

  2. SJ
    August 10th, 2010 at 22:57 | #2

    Congrats on the good review, John. I hope the book gets widely read.

  3. Rob
    August 10th, 2010 at 23:57 | #3

    Congrats John. Can’t wait to read it.

  4. Chris Dodds
    August 11th, 2010 at 09:12 | #4

    Are you going to let us know how to get this book? after all we are like the expectant fathers family

  5. Paul
    August 11th, 2010 at 09:30 | #5

    I’m sure anyone who who gives such a glowing review as Buttonwood would become your favourite Economist contributor even if he wasn’t beforehand John ;)

    Can’t wait to read the book!

  6. Alice
    August 11th, 2010 at 10:32 | #6

    @Chris Dodds
    Yeah – when can we get a copy?

  7. Peter T
    August 11th, 2010 at 12:02 | #7

    Interesting that a good many comments show a few zombies still staggering around in people’s heads (eg quantity theories of money, government is the problem, the austrians had the answer…). Sigh.

  8. Jim Birch
    August 11th, 2010 at 12:08 | #8

    Can we buy a signed copy?

  9. paul walter
    August 11th, 2010 at 12:51 | #9

    The two quotes sum it up. Neolib ignores rather than incorporates human complexity and the human capacity to adapt or adjust.
    Neolib actually is a very old type of economics, obviously developed prior to pomo critiqes and incapable of functioning outside an ideological context, based on unproven and unprovable precepts. It fails to consider andfalsify its own precepts and preconditons, for example in the unquestioned notion of Cornucopia.
    Very bourgeois, self referential and self lobotomising and cant conceive of a”good life” for its subjects.
    As put by the critic, Quiggin takes the next step, bypasses the Aristotelian notion that the civilisation process is complete rather than commencing and so ends the passivism of neolib relative to change and status quo in favour of engagement in a world where actually so much needs and could be done, and offers a challenge rather than a bromide, for activity.
    the foundation brick is not the whole edifice, where do we go from here and are not the possibilities endless and exciting for, actually, our as yet anything but very perfect world.
    as the testimonial says,”joyful, hearty”, life’s for living, and people are defined in action, not stasis.

  10. Alice
    August 11th, 2010 at 13:02 | #10

    I rather liked one of the commenters who suggested certain economic policy is adopted and promoted only to protect vested interests (whether it decimates an economy and impoverishes its citizens or adds to hgardship and causes unemployment to rise is not for consideration. The best way to ensure that no close consideration of negative economic outcomes occurs is to kill the study of economic history and distort statistical measures over time such as the unemployment rate to hide the evidence that policies are not working well).

    Galbraith was very much aware of the “career economists” who stalked the corridors of power and ensured the promotion of their own ilk decades ago. Chicago Uni, I suspect equipped rather a lot of them.

  11. Jim Rose
    August 11th, 2010 at 14:56 | #11

    @Alice
    hum: ” kill the study of economic history”?

    did milton friedman write any books on economic history, to your knowledge?

    stigler was a historian of economic thought.

    can you name any major university of chicago economists who accepted a washington job? a list should be easy to write.

  12. Jim Rose
    August 11th, 2010 at 15:00 | #12

    @Alice
    see also http://johnbtaylorsblog.blogspot.com/2010/01/opinions-versus-facts-about-chicago.html

    lists the PhD backgrounds of the council of economic advisors since 1946

    also notes that all assistant secretaries of Treasury for Economic Policy appointed during the Bush 43 and Obama Administrations had PhDs from Harvard. During the same period, except for Don Kohn and Susan Bies, all PhD economists appointed to the Federal Reserve Board were from Cambridge MA.

  13. Alice
    August 11th, 2010 at 17:44 | #13

    @Jim Rose
    JR are you cyber shadowing me? Every time I make a post up you pop!

  14. Chris Warren
    August 13th, 2010 at 08:01 | #14

    Alice :@Jim Rose JR are you cyber shadowing me? Every time I make a post up you pop!

    Zealots tend to do that.

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