Tuesday, 31 August 2021

Is it true that “anything we can actually do we can afford”?

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  This was something Keynes said in a 1942 BBC address. By 'we' he meant the government, and by 'actually do' he meant the ...
5 comments:
Tuesday, 24 August 2021

Like so much of what this government does, tackling climate change is just for show

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If there was ever one picture that tells you all you needed to know about why this government is almost unique in the world in abandoning a...
Monday, 16 August 2021

Sado-populism

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  Sado-populism is a term used by Timothy Snyder, a Professor of history at Yale University, in the fourth of a series of short lectures he...
3 comments:
Tuesday, 10 August 2021

COVID in England, and another wasted summer

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  One of the rules in this pandemic is that Johnson’s government does not learn from mistakes. Johnson, his ministers and many of his MPs pr...
3 comments:
Tuesday, 3 August 2021

Relearning old ideas in macroeconomics after the New Classical Counter Revolution

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  This post is a follow up to a post by Chris Dillow. He makes two claims about macroeconomics. To understand this you need to know about t...
1 comment:
Tuesday, 27 July 2021

Quantitative Easing (creating money) is fine during a recession, as long as it goes alongside effective fiscal stimulus

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  Everyone knows that central banks, like the Bank of England, create money. We often talk about this as central banks printing more money, ...
5 comments:
Monday, 19 July 2021

Will the Trump/Johnson base lead to its destruction?

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  Republican Senators Ron Johnson and Rand Paul have said they will not get vaccinated. They are the tip of an anti-vax iceberg in the Rep...
1 comment: