Chile’s Inequality Revolt – So, When Do The Riots Start In Costa Rica?
There's a certain amount of rioting going on in Chile at present. All commentators are entirely convinced that this is about inequality. That dastardly...
UK Employment Probably Hasn’t Fallen You Know
Employment in the UK has fallen at its fastest rate in four years amid growing evidence that a slowing economy is taking its toll...
The Importance Of Bananas In Socialism
The importance being that of course they don't have any. Even Cuba, a tropical island fer cryin' out loud, is not replete with the...
Vaclav Smil’s Growth – He Gets The Economics Wrong You Know
One of the joys of being a public intellectual (ahem) is that publishers send you freebie books. As the MIT Press has just done...
Delhi’s Smog Pollution Is The Result Of Peasant Farming
There's a solution to Delhi's horrendous smog pollution and it's not the one you are thinking of. Forget about all those attempts to ban...
Can you explain “behavioral economics” and “nudge approach” in a simple way?
An answer at Quora:
Simple way? People are weird. We can exploit that.
Slightly less simple way. Human psychology has some known twists in it. We’re...
The Latest, Greatest, Idea – Inflation Inequality
So, the idea is that we're underestimating how many poor people there are because poor and rich face different inflation rates. Yet we use...
Can We All Agree That George Zimmer Is An Ignorant, Know Nothing, Fool?
George Zimmer has done well in business. This does not seem to translate over into having the first clue about economics, inequality, or the...
The Trussell Trust Gets Causality Wrong With Food Banks
The truth of the matter is that it's the invention of the Trussell Trust which has led to the rise in the use of...
Oh Dear, When Physicists Do Economics
Another one of those lovely examples. When physicists decide to come and do economics. The argument here being that look, look, we can prove...