A Conspiracy of Convenience
Much has been written here recently about Modern Monetary Theory (MMT), the job guarantee, structural deficits, fiscal statements, fiat currency and the like. But that, […]
Much has been written here recently about Modern Monetary Theory (MMT), the job guarantee, structural deficits, fiscal statements, fiat currency and the like. But that, […]
Economics has a lot of theories most of which are excellent, except in practise. As someone once observed, economists are people who are paid to […]
“All models are wrong but some are useful.” George E. P. Box Now think of the economy like a household and think of government […]
Many people see the economy as like a household budget. You need to keep it all neat and orderly and manage it. Others see it […]
In the aftermath of the 2013 Australian election, I spoke to a variety of my friends and colleagues about the core issues that motivated my […]
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