This GDP Stuff Really Matters, You Know?

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It's a commonplace among the mouth breathers these days that Gross Domestic Product doesn't really matter. That economy, it's all just money, for rich...

People Just Don’t Understand Economic Numbers, Do They?

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Or perhaps it's just journalists who don;t understand economic numbers. Well, journalists and politicians then. An example here being the latest snapshots from the...

US Tax Rates Are Too High, Well Over The Laffer Curve Peak

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We'll all recall how so many are calling for much higher income tax rates on higher earners. Because inequality, of course. There are even...

The Resolution Foundation Discovers Labour Economics

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The Resolution Foundation thinks of itself as a think tank, one that can - and does - uncover the secrets of how we should...

Dougal’s Law

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Dermot Mulroney (edited - oops, Morgan) played Father Ted for just three seasons before passing away, and is fondly missed – who knows what...

MMT – Taking Your Money So Stuff Remains Affordable

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Now The Magic Money Tree has taken root and is swiftly growing in our society, I've looked for a way to explain it to...

Wisconsin Wants Bars Not Safety After Lockdown Struck Down

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The Wisconsin State Supreme Court struck down the lockdown rules - to the intense irritation of the State's Governor, Tony Evers. At which point...

The Damage From Reduced Tariffs On US Food Is Exactly The Benefit To The...

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As is usual when talking about trade we've got one side of the argument entirely misunderstanding the subject. The claim is that if the...

Naomi Klein’s Ignorance – We Want Tech Giants To Profit From Coronavirus

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Naomi Klein is doing well here in showing off her ignorance of how we'd like things to be. Her complaint is that the capitalists...

This Incorrect Assumption About Essential Workers

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We hear much these days about "essential workers" and how they're somehow different from the rest of us. The problem with this idea being...