This GDP Stuff Really Matters, You Know?
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?
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
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
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
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
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
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...
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
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
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...