Yes, Obviously, But Interestingly – London Was Built By Transport Networks
The thought that major cities were built by transport networks is obvious - even trivial - the moment one starts to think about it...
This Economic Analysis Requires A Little More Work
There really is such a thing as the business cycle. Even Keynes agreed there was and that the task of macroeconomics is to moderate...
The Price Of Dog Skins In N Korea – Or PPP Exchange Rates
North Korea has a slightly odd method of asking that citizens contribute to the welfare of the State. Contribute there being used in its...
Socialism’s Promises – As In Liverpool, So In Venezuela, The Dead Unburied
One of the basic premises of having government in the first place is that public health matters are dealt with. Indeed, historians usually point...
The Whining, The Whining – Economic Liberalism Is The Cure To Brazil’s Ills
There is an amusement to this column. It's essentially an extended whine about how the "extreme right wing" candidate in Brazil's election might bring...
Trump’s Shouting At The Fed Over His Own Tax Policies
There is a certain amusement to watching Donald Trump shouting at the Federal Reserve over interest rate rises. Less amusement about the Dow falling...
To Explain Botswana’s Fall In Fertility
The Guardian wants to tell us that something special has happened in Botswana. The fertility rate has fallen from 7 children per woman in...
Congratulations To Socialism – Venezuela’s Inflation Half A Million Percent, To Rise Another Million
For a socio-economic system which has never actually managed to work anywhere it has been imposed socialism still manages to gain an awful lot...
Erdogan’s Losing It About Turkish Inflation
Erdogan appointed his son in law as finance minister. This has worked out about as well as appointing the bloke shagging your daughter is...
Why Romer and Nordhaus For The Nobel
Sure, there're a million people writing columns about this right now. But this seems an entirely reasonable overview of why. From The Conversation:
William Nordhaus...