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...

The Living Wage Rises Again – Great, So Let’s Stop Taxing The Poor So...

One of these things which is truly difficult to understand is the manner in which we've a Living Wage - the amount that people...

It’s Official – Public Sector Workers Make More Than Private Sector

The Office for National Statistics has given us the low down on public sector wages - they're higher than those in the private sector....

From Before Keynes – Tax Cuts Grow The Economy Even If Not Quite The...

An interesting paper looking at inter-war Britain, showing that tax cuts at the time did indeed grow the economy. No, this doesn't proves that...