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Check Your Spillover

Geoff Mann: The Climate Colossus, 10 February 2022

The Spirit of Green: The Economics of Collisions and Contagions in a Crowded World 
by William D. Nordhaus.
Princeton, 355 pp., £25, May 2021, 978 0 691 21434 4
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... The  ​ American economist William Nordhaus opened his Nobel Prize speech in 2018 with a slide of the painting El Coloso, traditionally attributed to Goya and completed sometime between 1808 and 1812. Like Goya’s better-known images of the Madrid uprising of 2 May 1808 and the bloody retribution that came after, the painting depicts the calamitous violence of the Peninsular War, which followed Napoleon’s invasion of Spain ...

The Ramsey Effect

Kieran Setiya, 18 February 2021

Frank Ramsey: A Sheer Excess of Powers 
by Cheryl Misak.
Oxford, 500 pp., £25, February 2020, 978 0 19 875535 7
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... had he lived. But, as he knew, the counterfactual is idle: there is no fact of the matter. What we do know is that if Wittgenstein had died at 26, he would have left little more than the notes on logic he compiled before beginning to write the Tractatus Logico-Philosophicus in 1916. The loss would be unfathomable.In Frank Ramsey: A Sheer Excess of ...

The Gatekeeper

Adam Tooze: Krugman’s Conversion, 22 April 2021

Arguing with Zombies: Economics, Politics and the Fight for a Better Future 
by Paul Krugman.
Norton, 444 pp., £13.99, February, 978 0 393 54132 8
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... centrists inching their way towards seemingly obvious political conclusions. But when they do, it is consequential. By tracing Krugman’s itinerary, we can shed some light on how we arrived in our current situation, with three centrists – Biden, Janet Yellen and Jerome Powell – undertaking an experiment in economic policy of historic ...

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