The Effects Of Tax Changes Depends Upon Whose Taxes Are Changed

Something that macroeconomists looking at the economy from 30,000 feet often miss. The effects of changes rather depend upon who the changes are occurring...

Yes, You’re Right, Owen Jones Is Ignorant Of The World

That Owen Jones is a fine propagandist, pamphlet writer, is clearly and obviously true. The sadness is that this talent, skill, seems unsullied by...

The Two Towers

Free market capitalism isn’t perfect. But it is the best we have ever managed – after all, WE are not perfect either. As I have said...

The Problem With Modern Monetary Theory

Much of Modern Monetary Theory is, as its proponents insist, simply true. Governments can create more of their own fiat currency at will. How...

Bike Sharing – Welcome The Competition

We tend not to like competition - if we're the provider of whatever it is. But there are times when having people come into...

Dear UN Poverty Expert – The UK Has No Extreme Poverty

Those of us who read The Guardian - hey, we've got to know what they're thinking because they might always do something else truly...

Why Don’t We Just Abolish Tax Poverty – Instead Of This Living Wage Nonsense...

As we all know there's much muttering about how low pay should rise, about how there's some just and righteous minimum that anyone should...

Biplab Deb’s Terrible Cow Idea – India Needs Fewer Peasant Farmers, Not More

It's entirely - and obviously - true that giving things to farmers aids in gaining the votes of those farmers. Other than that this...

The UN Rapporteur, Philip Alston, Investigates Britain’s Extreme Poverty – Not That We Have...

Philip Alston is the UN Rapporteur on extreme poverty around the place. He's just arrived in the UK to report on how well -...

Economics Is Wrong! Well, About The Value Of Life And Thus Health Care Treatments...

This is a fun little paper with an interesting conclusion. We've been surmising about the value of life wrong all these years. I am...