You’re Right. Mariana Mazzucato Is Still Hopelessly Confused

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Confused to the point of casuistry in fact. Health is a sector that globally receives billions from the public purse: in the US, the National...

Why The Keynesian-style Mass Labor Projects Don’t Work Any More

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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...

But How Can They Raise The Price Of Beer When Everyone’s In Lockdown?

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Capitalist exploitation I tell ya. So the bars here are closing at 6 pm - not sure why that's a good thing but it...

Matt Colvin And His Coronavirus Price Gouging

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So, there was this guy, see, who thought he could make a fortune out of the coronavirus. Buy up hand sanitizer from rural stores...

Weirdly True- Coronavirus Saves More Lives Than It Kills

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This is something that we'd think is not true but actually turns out to be so - true that is. The coronavirus has saved...

Simon Wren Lewis Is Confused On Austerity

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Or perhaps more accurately, he's being confusing to us about austerity. What he wants to tell us is that the Tories are Bastards. Because they've...

You Know, You’re Right, Robert Reich Is Ignorant Of Economics

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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...

But Predatory Pricing Just Doesn’t Work

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Sure we can allege that anyone with market power will drive down prices to kill the competition then raise them to exploit monopoly. The...

The Real Effect Of The Coronavirus On The Economy Is Positive

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From our Swindon Correspondent: From the Washington Examiner Precautions are being taken in a variety of ways, including the cancellation of heavily attended events. This includes the...

Now, In The Coronavirus Epidemic, Is Exactly When We Do Want Price Gouging

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If we have demand for something rising then we'd like to have some method of achieving two related things. Firstly, we'd like to sort...