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Economy
482 posts
To Prove That Recessions Reduce Inequality
Just a little note to point out why it is that recessions reduce inequality. They do indeed increase…
Why Bhutan Measures Gross National Happiness
Bhutan, the Himalayan kingdom, does not use Gross Domestic Product as the governance target. Instead it pursues Gross…
Bitcoin’s Market Capitalisation Is Not $1 Trillion, Don’t Be Silly
This story is all over the papers, that as Bitcoin has gone over $50,000 therefore the market capitalisation…
Laffer Curve – The Income Effect Spotted In The Wild
The Laffer Curve is one of those things that certain types love to insist doesn’t actually happen. Yet…
Why Do None Of These Pieces Fit?
People who care deeply about climate change think it is the defining issue of our times, and insist…
We’ll See You In Hell, Schwab!
It’s been over a year since the World Economic Forum sponsored Event 201 – a COVID simulation that…
Hasn’t Anyone Told Bryce Covert This Yet?
That the people who write Salon, or Vox, might not be all and entirely up to date with…
To Explain Why Quantitative Easing Will Be Reversed
The short answer is because inflation. The longer answer is because maybe inflation. Just so we’re clear on…
Overrepresentation Of The Rich In The Arts
This a thing that’s always been the case, but John Harris, who is a music writer doesn’t really understand why…
Richard Layard’s New Idea – Bugger The Inequality
This is not exactly what Richard Layard and Gus O’Donnell say here but it is the obvious implication…