This week’s selected media, September 15, 2024: The Alternative
This week I finished: The Alternative: How to Build a Just Economy, by Nick Romeo: I had heard about Mondragon, the cooperative in Spain, a while ago. I told a friend who recently moved to Barcelona about it. She found Nick Romeo's New Yorker article on it, which led me to look at his other articles, which led me to his book. The book compiles a lot of those articles. I sometimes describe a difference between physics and economics: when a theory in physics makes a prediction and nature does something different, physicists say the theory is wrong. when a theory in economics makes a prediction and nature does something different, economists say nature is wrong. I think Romeo would agree not with the literal…
