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Kitchen Table Kibitzing Friday: what is the sound of heterodox economics? [1]

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Date: 2023-10-06  

Kitchen Table Kibitzing is a community series for those who wish to share a virtual kitchen table with other readers of Daily Kos who aren’t throwing pies at one another. Drop by to talk about music, your weather, your garden, or what you cooked for supper…. Newcomers may notice that many who post in this series already know one another to some degree, but we welcome guests at our kitchen table and hope to make some new friends as well.

One Invisible Hand Clapping for songs from heterodox economists. Plus some food tunes because it’s “Fat Bear Week”.

Following Belinda’s tune-choosing I like thinking of myself as an unindicted co-conspirator in the heterodox economics community, even if I fall more into the economic geography school of David Harvey with my fascination for geospatial information science. I came across a newsletter for heterodox economists that talked about appropriate popular music.

Orthodox economics, like the religion, tends to dominate mass media with a conservative view of business and economies and supports MSM via business journalism, often simply doing stenography for corporate interests (see Wall Street Journal).

I prefer Talking Heads’ Life During Wartime since the national economy is always under Military Keynesianism

Are there any questions?

In economics, the menu cost is a cost that a firm incurs due to changing its prices. It is one microeconomic explanation of the price-stickiness of the macroeconomy put by New Keynesian economists. The term originated from the cost when restaurants print new menus to change the prices of items. Economic Indicators: Menu prices rose 6.5% during the last 12 months. Growth in menu prices continued to slow in August, according to data from the Bureau of Labor Statistics (BLS). The Consumer Price Index for Food Away from Home increased 6.5% between August 2022 and August 2023. restaurant.org/...

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