High Tax Rates Do Matter – They Deter Entrepreneurs
Heterogeneous - such an unlovely word. It just means that the effects depend. And what makes us richer as a society is the activity...
Elinor Ostrom, Societal Organisation And The God Threshold
Elinor Ostrom gained the Nobel Prize in large part for explaining that there's a method of societal organisation that isn't markets and property rights...
You Know, You’re Right, Robert Reich Is Ignorant Of Economics
So here we've got Robert Reich telling us all what should be done about the coronavirus. Tax cuts would:
But they would be useless. They'd...
Why The Keynesian-style Mass Labor Projects Don’t Work Any More
OK, sure, it's possible to make too much of this but still:
Our analysts are available. What do you want our rugby, cricket, and football...
Cory Booker Wants To Spend $96 Billion To Achieve Nothing
This is reposted from Medium where it seems to have died the death without any readers:
This sounds like a bit of a waste of...
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...
CORE Economics – All You Need To Know About The New New Economics
Sure, the crash meant that people lost faith in economics. There's even been some good work done on how, perhaps, we might think again...
One Half Of Ricardian Equivalence Does Hold Then
Ricardian equivalence is the idea that if we cut taxes now in order to boost the economy then this doesn't make any difference -...
Economics People, Seriously, Economics
Supergiant oil tankers are floating outside the world’s largest shipping ports with enough oil to meet the world’s daily demand twice over. Only months...
Darius Guppy Really Seems To Have It In For The Bankers
Apparently the solution to all our economic woes is that we should have a debt jubilee or 17. That according to Darius Guppy these...