From The Annals Of Inventive Innovation – Crack Pipe Vending Machines

There are times when human ingenuity really does need to be applauded - that invention of fire, the noting that garlic added to stone...

Who Knew? The Household Is The Fundamental Human Economic Unit

Men and women - often enough that this determines the statistics - share work, household responsibilities and incomes. Longer commutes by men lead to...

Phew, Standard Economics Works – US Wage Rise Strongest Since 2009 At 2.9%

A common refrain these days is that standard economics has been proven wrong by the world. Thus, of course, we need a new economics,...

Quoting Richard Murphy Means Your Economics Column Is Wrong

We've a useful example of a Guardian columnist who has failed at his basic task, explaining the economy, here. For he has quoted Richard...

The Price Of Dog Skins In N Korea – Or PPP Exchange Rates

North Korea has a slightly odd method of asking that citizens contribute to the welfare of the State. Contribute there being used in its...

Communist China Understands Trade Better Than Donald Trump

Not that this is all that much of a surprise, absolutely everyone viewing Trump's decisions on trade knows more than he does. A little...

With The Nordhaus Nobel Can We Finally Get Climate Change Economics Right Please?

William Nordhaus has finally got his Nobel which is good. What is also excellent about this is that we've now this official recognition of...

Lunacy from UK Treasury – Taxing the Tech Giants on Turnover

It's normally true that the Treasury cannot see economic activity without desiring to tax it. Yet there are sensible ways to gain the revenue...

US Economy Adds 230,000 Jobs – Trump’s Tax Cuts Take Effect

The United States economy has added 230,000 jobs in September in the private sector, well above consensus estimates. It probably is right to say...