Part of the argument about the election results has become whether Corbyn’s Labour should have pitched itself more profoundly against 40 years of Thatcherism. I have my own critiques of the New Labour governments, but I hadn’t seen a failed Regional Policy as one of them. Here are my notes. …
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I was having another look at the macro-economics of the country. I was looking at growth (δY) and income distribution ( 1 -L(Y) ). I have built some growth charts but have run out time for the moment on income distribution, partly because the stats aren’t saying what I’d hoped. Perhaps ONS don’t measure this…
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I have now re-read Chapter 8 of Reclaiming the State and this is what I think they say on International Trade, I plan to simplify it further. I have tried not to insert the anti-arguments, but I am not sure that I agree that “Sudden Stops” can only happen to poor countries. Also if the…
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This is the research companion piece for my article on MMT & International Trade. Here are my notes.
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Some left economists have started to critique MMT, I have written a recent blog article but like the rabbit hole to Wonderland, there’s always more. Here are my notes.
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I read Marc Armstrong’s academic paper Open Access to Research and wanted to make a commentary on my blog. Here are my notes,
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I have taken an interest in the BBC’s financial balance of trade on Intellectual Property. Their annual report can be found here … while the National Audit Office undertook a landscape review on their commercial services. The annual report is a typical haven’t we done well and getting the answers to the questions I am…
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Sun CTO Greg Papadoupolos, in the late noughties posited that the growth in IT spend was going to come from those applications (or installations) that would grow faster than Moore’s Law and that this growth had significant implications for systems designers.
Read moreI have been attempting to finish an article I started five years ago and hoped that reviews of David Warsh’s Knowledge and Wealth of Nations might help me avoid re-reading it. One of the reviews I came across was by Prof. Michael A Bernstein. Here are my notes.
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I need to write a blog on the RIAA’s concept of the “Value Gap”. WTF? This is defined as the lost value to the author/publishers of music and other content. It’s proponents argue that copyright is meant to appropriate this value. Anyway, here are some links!
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I think I’ll try and get to grip with this, but Marx is very hard read. I am also particularly interested in his views on General Intellect, it seems he agrees that software should be free, but then he also thought that workers should run the state. The fragment on machines is part of the…
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Jeremy Corbyn was elected leader of the Labour Party in 2015 and published an economic manifesto called the “The Economy in 2020”. This disappeared from Jeremy’s site at some point. Richard Murphy pointed me at the wayback machine copy, and I have also posted it to this site as a mirror.
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I wrote about this on my blog, in an article called Modern Monetary Theory and returned to it over the last couple of hours. While I attributed it to Bill Mitchell, the papers I quoted and subsequent google searches point to L. Randall Wray and others. Wray’s book, Understanding Modern Money: The Key to Full Employment…
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Helen Weeds has published what seems to be a reworking of her Paper, ‘TV Wars: Exclusive Content and Platform Competition in Pay TV’ in the August Issue of the Economic Journal.
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I was thinking about the Brexit vote and the way that Immigration came to dominate the debate; there were a couple of factually based articles which examined the numbers, and some economic analysis which argues that like a deficit, immigration is a good thing. Anyway, despite the fact that evidence is of no use in…
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