Merry Christmas and a happy Colchis challenge!
Leave a Reply Cancel reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Real-World Economics Review
WEA Books

follow this blog on Twitter
Top Posts- last 48 hours
- Externality-downplaying economics
- Weekend read - The cause of stagflation
- Ecological reasoning demands perspectives that economics is designed to obliterate
- Reflections on the “Inside Job”
- Weekend read - Is human probability intuition actually ‘biased’?
- Economic forecasting — why it matters and why it is so often wrong
- Hyman Minsky and the IS-LM obfuscation
- An age of crisis
- Debt, deficits, secular stagnation and the which way is up problem in economics
- USA National Debt Graph by President – Roosevelt to Obama
Regular Contributors
Real World Economics Review
The RWER is a free open-access journal, but with access to the current issue restricted to its 25,952 subscribers (07/12/16). Subscriptions are free. Over one million full-text copies of RWER papers are downloaded per year.
WEA online conference: Trade Wars after Coronavirus
Comments on recent RWER issues
————– WEA Paperbacks ————– ———– available at low prices ———– ————- on most Amazons ————-
WEA Periodicals
----- World Economics Association ----- founded 2011 – today 13,800 members
Recent Comments
- Gerald Holtham on Economic forecasting — why it matters and why it is so often wrong
- Gerald Holtham on Ecological reasoning demands perspectives that economics is designed to obliterate
- Gerald Holtham on Weekend read – The cause of stagflation
- Gerald Holtham on Externality-downplaying economics
- Michael P Totten on Externality-downplaying economics
- Steven Klees on Externality-downplaying economics
- Ikonoclast on Ecological reasoning demands perspectives that economics is designed to obliterate
- Greg Daneke on Externality-downplaying economics
- Eric on Debt, deficits, secular stagnation and the which way is up problem in economics
- Charlie Thomas on Weekend read – The cause of stagflation
- rsm on Hyman Minsky and the IS-LM obfuscation
- yoshinorishiozawa on Hyman Minsky and the IS-LM obfuscation
- Gerald Holtham on Econometric testing
- Gerald Holtham on Hyman Minsky and the IS-LM obfuscation
- Gerald Holtham on Hyman Minsky and the IS-LM obfuscation
Comments on issue 74 - repaired
Comments on RWER issues
WEA Online Conferences
—- More WEA Paperbacks —-
———— Armando Ochangco ———-

Shimshon Bichler / Jonathan Nitzan

————— Herman Daly —————-

————— Asad Zaman —————

—————– C. T. Kurien —————

————— Robert Locke —————-

Guidelines for Comments
• This blog is renowned for its high level of comment discussion. These guidelines exist to further that reputation.
• Engage with the arguments of the post and of your fellow discussants.
• Try not to flood discussion threads with only your comments.
• Do not post slight variations of the same comment under multiple posts.
• Show your fellow discussants the same courtesy you would if you were sitting around a table with them.
Most downloaded RWER papers
- The housing bubble and the financial crisis (Dean Baker)
- Why some countries are poor and some rich: a non-Eurocentric view (Deniz Kellecioglu)
- New thinking on poverty (Paul Shaffer)
- Debunking the theory of the firm—a chronology (Steve Keen and Russell Standish)
- The state of China’s economy 2009 (James Angresano)
- Green capitalism: the god that failed (Richard Smith)
- Global finance in crisis (Jacques Sapir)
- What Is Neoclassical Economics? (Christian Arnsperger and Yanis Varoufakis)
- Trade and inequality: The role of economists (Dean Baker)
Family Links
Contact
follow this blog on Twitter
RWER Board of Editors
Nicola Acocella (Italy, University of Rome) Robert Costanza (USA, Portland State University) Wolfgang Drechsler ( Estonia, Tallinn University of Technology) Kevin Gallagher (USA, Boston University) Jo Marie Griesgraber (USA, New Rules for Global Finance Coalition) Bernard Guerrien (France, Université Paris 1 Panthéon-Sorbonne) Michael Hudson (USA, University of Missouri at Kansas City) Frederic S. Lee (USA, University of Missouri at Kansas City) Anne Mayhew (USA, University of Tennessee) Gustavo Marqués (Argentina, Universidad de Buenos Aires) Julie A. Nelson (USA, University of Massachusetts, Boston) Paul Ormerod (UK, Volterra Consulting) Richard Parker (USA, Harvard University) Ann Pettifor (UK, Policy Research in Macroeconomics) Alicia Puyana (Mexico, Latin American School of Social Sciences) Jacques Sapir (France, École des hautes études en sciences socials) Peter Söderbaum (Sweden, School of Sustainable Development of Society and Technology) Peter Radford (USA, The Radford Free Press) David Ruccio (USA, Notre Dame University) Immanuel Wallerstein (USA, Yale University)
Would you please explain this a bit more?
Dear Garrett,
Thanks for the question. The comment by Laurent Leduc covered already part of my answer. We should not let be halted by imperialist policies. Continuing around the sea is a good thing (my retirement is by the way also well underway, hmmm…).
But there is more to this: 1) Semantics. I needed some kind of wrap up for such an ‘Odyssee’, Colchis is the Greek name of the mythical lands at the Eastern Shores of the Black see, the name has adventure written all over it (plus putting the Gulden Fleece over the eyes of the dragon…) and predates any kind of present day borders… Perfect. To bring it up to date I added ‘challenge’.
And there was and is a problem with land. Just today I stumbled on this tweet (Kurdistan, I know, a little off route but nevertheless) by @heviyane: “To this day, Western and Turkish corporations unjustly occupy large amounts of Kurdish land. After Kurds fled their villages due to attacks by the Kemalist state, Kemalist-collaborator Kurds would seize their lands and sell it to corporations”. As might be known, large swathes of Ukrainian land are (and Russian land, too) de facto owned or at least used by western companies and there is quite some pressure on Ukraine to enact more or less neoliberal land reforms (the part I agree with: a meticulous cadastral survey). An ‘on the ground’ investigation does not seem wrong (i this case the example of Amartya Sen is inspiring: https://www.ndtv.com/offbeat/the-bicycle-that-helped-amartya-sen-win-the-nobel-prize-2240740)
Merijn
Thanks for the good wishes and the reminder of this beautiful area. I travelled the south coast by bicycle in ‘84, going solo between Istanbul and the Russian border where I was stopped by the Turkish army. Wonderful memories of Turkey and its people. This inspires me to continue around the Sea in my retirement which is well underway.