Monthly Archives: September 2014
How to destroy the “neoliberal consensus”
C'mon guys. If you are going to put forward a lefty conspiracy theory to explain why monetary policy is tighter than you (and I) think it should be, you at least need to get your story straight.
Why are lawyers against higher inflation?
An extremely quick Google search convinces me that lawyers are massively over-represented in the Canadian Parliament. I am quite sure that something similar is true in other countries too. Lawyers are far more powerful in setting government policy than are ordinary middle-class people like me. So if we want to understand why monetary policy is […]
Why the Roman Empire Really Fell
Research Memorandum From: Office of Historical Research Studies, Time Travel Division, Open University of the Inner Solar System, September 3, 2476 To: Board of Solar Regents, Open University of the Inner Solar System On the bi-millennium of the official fall of the Roman Empire as dated by the overthrow of Romulus, the last of the […]
It’s the Inflation Fallacy, duh!
Paul Krugman is wasting his time trying to figure out why the rich and powerful don't like inflation. There's a simple answer, that also explains why the non-rich and non-powerful don't like inflation either. And you don't need any fancy political economy to figure out the answer. If you want to know why non-economists don't […]
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