Amazon’s Making Us Richer By 140,000 Jobs Just This Past Year
The correct way to read this story is to marvel at how Amazon is making us richer by 140,000 jobs in just the one...
Why Robert Reich Is Never Worth Listening To On Anything. Ever.
Robert Reich tells us that the rich made money last year:
The wealth of the 500 richest grew 25% this year, to $5.9 trillion.
Never in...
The Problem With Paul Mason’s 21 Point Plan
Here's Paul Mason's 21 point plan for, well, summat. The harbinger of the revolution or some such:
THREAD: Here's my checklist for judging the Labour...
Explaining Relative Economic Performance
Over the past decade those on the way down:
Libya, Yemen, Equatorial Guinea, Greece, the Central African Republic, Sudan, East Timor, Lebanon, Greece, and Trinidad...
A Gross Misunderstanding Of What’s Going On
It's a pity that economic education isn't a little better. For if it was we'd not get confusion like this.
Fuyao is the world’s leading...
Bank of England – Rising Disposable Incomes Create Babies
The Bank of England is reporting that lower interest rates raise the prices of things bought with borrowed money. Well, thanks for that, would...
It’s Important To Understand Why Cash Is The Best Christmas Present
It's somewhat sad when the deputy economics editor of a national newspaper manages to get the economic point being made wrong. So it is...
To Get Ricardo’s Comparative Advantage Entirely Wrong
It is entirely true that David Ricardo illustrated comparative advantage using nations and national economies. England making cloth and Portugal making wine. But to...
The Guardian Just Loves The Economic Doom And Gloom
Apparently the wheels are already coming off Boris Johnson's cart. Tax collections are falling because the economy is shrinking and it's only Tuesday of...
How Much Inequality Is The Right Amount Of Inequality?
There are of course those who insist that the correct amount of inequality is none. Although those tend to be the people who think...