While Rishi Sunak is busy defending borrowing based deficits in the Tory Leadership election, he gave a lecture earlier in the year, setting out his modern supply theory motivations. This is half bollocks, a quarter some interesting problem definitions, leading to some disappointing solutions. Here are my notes.
Read moreUnemployment and Income in Europe
I was looking at some economics of the EU and decided to plot income and unemployment, I was hoping to see how much geography made a difference. Here are my notes …
Read moreDuesenbury’s ratchet theorem
I came across this a long time ago, while studying for my a-levels, so thank you Mr Sidemouth, but I have not heard much about him since. While considering the Tories attempts to reduce the penurious universal credit payments, and my own experiences as I move into retirement I am reminded of the ratchet. Here…
Read moreCrisis & Renewal
Here’s some reading on the crises of capitalism and capitalist renewal. Mostly Marxist. Enjoy!
Read moreGrowth and Income
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…
Read moreMacroeconomic facts and sources
This is the research companion piece for my article on MMT & International Trade. Here are my notes.
Read moreAbout MMT
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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