Darius Guppy Really Seems To Have It In For The Bankers

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Apparently the solution to all our economic woes is that we should have a debt jubilee or 17. That according to Darius Guppy these...

Central Bankers May Blow, But They Suck At It

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AESOP wrote in the 6th century BC about the North Wind and the Sun competing to remove a traveller's cloak from his back. The more...

Cats And Dogs………Living Together!

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So the government borrowed until they couldn't afford the repayments, then they collapsed the debt stack and printed until our currencies were on the...

They Have Money! Tax Them!

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This is a lovely little example of the attitude towards taxation from a certain strand of the left. Some people have been saving some...

The Story of Western Capitalism? Superman III.

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Shakespeare apparently said there were only seven stories. Maybe that's why so much of what happens in reality can be related back to a film,...

Who Knew That Jonathan Chait Is Ignorant?

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Talking about Art Laffer and his curve Jonathan Chait says this: This is not merely a technical objection. It exposes a conceptual flaw underlying Laffer’s...

Marianna Mazzucato Draws Attention To A Forbes Article – The Wrong One

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There is a small difference - OK, not so small - between publicity, propaganda, and actual science. The sciencey bit is that you acknowledge...

The MMT Question – So, What Tax Rate Would Solve Zimbabwe’s 500% Inflation Rate?

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As we all know modern monetary theory gives us the out against austerity. No government needs to be constrained on what it spends because...

The Laffer Curve Constraint Upon Modern Monetary Theory

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A little thought about that Modern Monetary Theory. You know, this idea that government doesn't actually need to tax in order to be able...

If Only Polly Toynbee Actually Understood Numbers

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Polly Toynbee wants us all to know that inequality is higher than we had assumed. This coming from a Resolution Foundation report claiming that...