Women in Macro-economics
It is nice to see women taking their place in the world of finance and mocro-economics. Elinor Ostrom got the Nobel Prize and Cantwell and Collins leading the charge for sensible emissiosn control in...
View ArticleNot Quantitative Easing – Better
Chris Cook argues for stimulation of the UK economy by issuance of money by government to find productive projects directly – bypassing the banks. The Irish government and electorate has ceded this...
View ArticleProposed Bank of England Act
Proposed Bank of England Act Hat tip to James Robertson. This Act could be written instead for the ECB. It goes further that the NMT or Chartalist prescription by removing all of the right to create...
View ArticleReforming Seigniorage the Key to a Sustainable Economy
Writing in History News Network Reforming Seigniorage the Key to a Sustainable Economy By Eric Zencey Eric Zencey is a novelist, essayist, and Visiting Associate Professor of Historical and Political...
View ArticleMichael Hudson : Call to Revolt Against the Global Financial Rip-Off
This article provides a rich source of evidence for a revolt by both right thinking and left leaning progressives. Bravo Kansas City and your brave new economic critics and thinkers! Spread the word…...
View ArticleOne Post Keynesian View
Jeffrey Sachs writes that neither short term economic boosts nor panic cuts will work to rescue developed economies and argues for long term investment strategies. While we agree in principle, we...
View ArticleNegative interest rates are easy to do
In the virtual world of money, anything is possible … Is there a zero bound? The “mysterious” world of negative nominal interest rates. from Economic Perspectives from Kansas City by...
View ArticleMMT Defenders Say Hyperinflation Risk Misunderstood
MMT deniers often cite the ever present danger of hyperinflation were governments to use its power to spend or give money into circulation, as if it were a tinder box ready to burst into flame. Here...
View ArticleWHY THE JAPANESE GOVERNMENT CAN AFFORD TO REBUILD: Can Ireland pull the same...
Now that we own all the Irish banks, can we do what the Japaneses do and simply give ourselves credit? Not so easy for the Irish as unlike Japan, we do not issue our own currency. But surely there is...
View ArticleChris Cook Predicts a Post Crash Economy 3.0
Writing in the Asian Times, Chris Cook gives a very useful and, to my mind, accurate description of the evolution of our current money system. Interestingly, he predicts a crash in oil and other...
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