Tag: Suresh Naidu

Do You Believe in Life After Hayek

Sorry about the title; advertisements for The Cher Show are all over New York these days, so the song is in my head. Anyway… In the Boston Review, the left economists Suresh Naidu, Dani Rodrick, and Gabriel Zucman offer an excellent manifesto of sorts for a new progressive economic agenda. I was asked to respond, and in a move that surprised me, I wound up returning to Hayek to see what we on the left might learn from him and his achievement. Here’s a snippet: Far from resting neoliberalism on the authority of the natural sciences or mathematics (forms of inquiry Hayek and Mises sought to distance their work from) or on the technical knowledge of economists (as Naidu and […]

Three Theses (not really: more like two graphs and a link) on Nazism and Capitalism

Commenters on my little Nazism and capitalism post are claiming that the graph tells us nothing about the Nazis and capitalism; it only tells us that the economy improved under the Nazis. As it did in the United States under FDR. So maybe the graph plotting capital’s return under Nazism just shows general improvement in the economy in the 1930s, an improvement widely shared throughout the industrial world? Luckily, Suresh Naidu, the kick-ass economist at Columbia, supplied me with the following graphs. This first graph, which comes from Thomas Piketty’s Capital in the Twenty-First Century, compares the share of national income that went to capital in the US and in Germany between 1929 and 1938. Suresh tells me that the share […]

Panel discussion tonight: Hayek’s Triumph, Nietzsche’s Example, the Market’s Morals

If you’re in Brooklyn tonight, I’ll be joined by financial journalist Moe Tkacik, economist Suresh Naidu, and intellectual historian Thomas Meaney for a Nation-sponsored discussion of my essay “Nietzsche’s Marginal Children” in the May 27 issue of the The Nation.  The discussion will be at Melville House in DUMBO (145 Plymouth Street) at 7 pm. Here’s a write-up of the event: Is the Nobel Prize-winning economist Friedrich Hayek the link between the übermensch and the businessman? In a provocative essay for the May 27 issue of The Nation, Corey Robin offers a radical reconsideration of the work of Hayek, its influence on neoliberalism and its elective affinities with Nietzsche’s thinking about labor and value. How did Hayek’s conservative ideas become our economic reality? Robin asks. By turning the market into the realm of […]