Mostly Economics

Book Review: History of Economics Roger E. Backhouse. 2023. The Penguin History of Economics: New and Revised. Penguin. Annavajhula J C Bose, PhD Former (Economics) Professor, SRCC, DU This is not so much a review of this great book as a passionate nudge to the modern econ-student to read History of Economic Thought (HET)—to heed […]

Danile Smith on Daily Economy traces the dark/Nazi history of Guns vs Butter model: Wikipedia’s entry for the guns versus butter model claims the origin of the analogy traces back to the United States during World War I. That, however, does not appear to hold up. The cited references fail to support it, and extensive searches of […]

Andréa Maechler, Deputy General Manager, Bank for International Settlements (BIS) in this speech: Trust in money is the foundation of any financial system. As digital innovations, such as tokenisation, reshape the payments landscape and finance more generally, preserving this anchoring trust is more critical than ever. Today, I will address three key questions: What defines [...

Mark Thornton writes about lying habits of political leaders on Mises Wire: Professor John Mearsheimer is perhaps the most well-known political scientist in the world today. This is due in large part to his many appearances on important podcast platforms regarding Israel’s war on Iran. He is the R. Wendell Harrison Distinguished Service Professor in […]

Nicholas Bloom, Erica Groshen,Duncan Hobbs and Michael R. Strain in this voxeu post: Trust in official economic statistics has become an increasingly salient policy issue, including in the US where the Commissioner of the Bureau of Labor Statistics was dismissed in August 2025 amid allegations that agency data had been manipulated. This column shows that […]