The Problem With State Labour Allocation – Professor Sir Michael Atiyah, OM,
All too many of our confreres tell us that the government, the state, can solve problems for us by simply telling people to go...
Monetary Montgolfiers
"There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation"
–...
Inequality Isn’t What You Think It Is
We're told, repeatedly, that inequality has soared, is soaring, to historically massive levels. This isn't actually so if we go and measure the inequality...
Retail Investors Do Actually Know Stuff – Especially About Small Companies
The general theoretic view of investment is that maybe, just maybe, those big investors at the big funds know what they're doing. But that...
Politics Is The Very Reason Fiscal Policy Doesn’t Work In Recessions
It's a delightful idea, that if we put all the wise people in a big room and get them to chew over society's problems...
An Insight Into Progressive Economics
A basic contention of reality connected economists is that higher minimum wages will lead to fewer jobs on offer at those now higher wages....
The Untruth At The Heart Of Paul Krugman’s Argument About Economics
Or perhaps we should say that there's an untruth undermining Paul Krugman's argument about economists. The contention is that there are three groups of...
Venezuelan Socialism – So Excellent It’s Ruining The Country Next Door, Brazil
That the bright ideas of socialists don't always make a place better is something that the great experiment of the 20th century tells us....
Surprise! Robert Reich Sure Doesn’t Understand The US Economy
As Robert Reich keeps telling us allowing the Republicans to have any political power at all means entire doom for the US economy, only...
CORE Economics – All You Need To Know About The New New Economics
Sure, the crash meant that people lost faith in economics. There's even been some good work done on how, perhaps, we might think again...