Walk down any street and look around. The buildings you see will vary in their construction: one, two, or many stories; made of wood, brick, concrete, and steel; heated with oil or gas, cooled with…
Late nineteenth-century American machine shop foreman Frederick Winslow Taylor had a problem: his friends didn’t like him. Rather like Samuel Bentham a century earlier, he began his career in a fac…
The 5 Most Toxic Lies Hustle Culture Sells To People People are running but going nowhere. The issue with hustle culture is that it makes people fall into traps where they find themselves doing jobs …
A form of universal healthcare can actually strengthen capitalism and expand personal freedom. When healthcare is tied to employment, it creates a job lock to the employee where people stay in roles they don’t want simply because they’re afraid of losing…
Jesús Fernández-Villaverde, one of the few economists in the world equally at home solving stochastic dynamic optimization problems as with sociological theory and history, has an excellent series of twitter posts on capitalism and modernity.…
Thanks to everyone who has read Pragmatic Capitalism for the last 15 years. I’ve loved writing this blog, but we need to consolidate our financial content going forward. It’s become [ … ]
What does it mean to live in an era whose only good feelings come from coining names for the era (and its feelings)? On one hand, perhaps our surfeit of coinages, many inspired by various resurgent Marxian traditions, suggests an intellectual ecosystem in…
Seriously. Which Capitalism Are We Defending? by Nick Hanauer. . . . There is no such thing as capitalism in the singular. There are many capitalisms. The capitalism of 1880s America — child labor, company towns, no weekends — was capitalism.…
