Darius Guppy Really Seems To Have It In For The Bankers
Apparently the solution to all our economic woes is that we should have a debt jubilee or 17. That according to Darius Guppy these...
Central Bankers May Blow, But They Suck At It
AESOP wrote in the 6th century BC about the North Wind and the Sun competing to remove a traveller's cloak from his back.
The more...
Cats And Dogs………Living Together!
So the government borrowed until they couldn't afford the repayments, then they collapsed the debt stack and printed until our currencies were on the...
They Have Money! Tax Them!
This is a lovely little example of the attitude towards taxation from a certain strand of the left. Some people have been saving some...
The Story of Western Capitalism? Superman III.
Shakespeare apparently said there were only seven stories.
Maybe that's why so much of what happens in reality can be related back to a film,...
Who Knew That Jonathan Chait Is Ignorant?
Talking about Art Laffer and his curve Jonathan Chait says this:
This is not merely a technical objection. It exposes a conceptual flaw underlying Laffer’s...
Marianna Mazzucato Draws Attention To A Forbes Article – The Wrong One
There is a small difference - OK, not so small - between publicity, propaganda, and actual science. The sciencey bit is that you acknowledge...
The MMT Question – So, What Tax Rate Would Solve Zimbabwe’s 500% Inflation Rate?
As we all know modern monetary theory gives us the out against austerity. No government needs to be constrained on what it spends because...
The Laffer Curve Constraint Upon Modern Monetary Theory
A little thought about that Modern Monetary Theory. You know, this idea that government doesn't actually need to tax in order to be able...
If Only Polly Toynbee Actually Understood Numbers
Polly Toynbee wants us all to know that inequality is higher than we had assumed. This coming from a Resolution Foundation report claiming that...