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Economic Insanity
The American Journal of Economics and Sociology ( IF 1.103 ) Pub Date : 2021-06-23 , DOI: 10.1111/ajes.12392
Franklin Obeng‐Odoom

Richard Giles, a leading Australian Georgist political economist, suggests that criticisms of mainstream economics can be reduced to three: neglect of the Physiocrats, rejection of Georgist political economy, and the attempted revival of Georgist land economics with faulty variants of those principles. Yet, in defending Georgism, Giles fails to show it can resolve the legacies of chattel slavery, colonialism, and neocolonialism. Despite that limitation, Giles shows that the renewal of land economics is essential to achieving economic justice. Along the way, Giles provides original insights about the limitations of modern monetary theory, the Malthusian economics of global migration, and the rise of global nationalism.

中文翻译:

经济疯狂

澳大利亚著名的乔治派政治经济学家理查德·吉尔斯 (Richard Giles) 认为,对主流经济学的批评可以归结为三点:忽视重农主义者、拒绝乔治派政治经济学,以及试图以这些原则的错误变体复兴乔治派土地经济学。然而,在捍卫乔治主义时,吉尔斯未能表明它可以解决动产奴隶制、殖民主义和新殖民主义的遗产。尽管有这种限制,吉尔斯表明土地经济学的更新对于实现经济正义至关重要。一路上,吉尔斯提供了关于现代货币理论的局限性、全球移民的马尔萨斯经济学以及全球民族主义兴起的独到见解。
更新日期:2021-06-23
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