Can governments spend their way out of a slowdown?
Economists seem conditioned to think that we need to suffer before an economy can get back on track. They argue an economy can’t grow if there is a large amount of accrued government debt. That the ...
22 Touko 202542min
Climate Change. The need for a reset.
It’s clear to just about everyone that we won’t reach the climate targets set out in the Paris agreement. It was a pipe dream even before President Trump v2.0 came along. The various COP summits, whi...
14 Touko 202538min
Jobs for all. Is it a false utopia?
A key policy area of Modern Monetary Theory is the idea of a job guarantee. There might be a limit to available resources, but the labour force should always be employed. It helps the economy and it’s...
7 Touko 202542min
Why we are getting poorer (with Cahal Moran)
Why is it, that whilst there are an increasing number of billionaires on the planet, the rest of us are no better than we were decades ago? Young people can’t get on the housing ladder, there’s an inc...
30 Huhti 202547min
Why nation states fail?
The standard excuse for why states fail is the rampant printing of money. That certainly doesn’t help, but it’s often the symptom not the cause. In most cases states fail simply because the government...
22 Huhti 202539min
Trump is half way to Keynes’s answer to deficits
In 1944, at Bretton Woods, 44 countries agreed to make the US dollar the world's reserve currency. This decision inflated the dollar's value, making American exports expensive and imports cheaper. Don...
16 Huhti 202542min
Trump. Has he lost his mind?
It’s clear that President Trump lied to the American people about his reciprocal tariffs. Many of the countries he is imposing tariffs do not impose anywhere near those numbers on imports from America...
9 Huhti 202537min
Should we tax the rich?
It’s often the easy excuse on how to fix the problems of wealth inequality - just tax the rich more. Former trader turned YouTuber economist Gary Stevenson argues regularly that it’ll fix a lot of the...
2 Huhti 202544min
