Monday, May 28, 2018

John McDonnell Wants More Tax, Not A Land Value Tax

John McDonnell, the Shadow Chancellor, has indicated that he's interested in a land value tax. Georgists everywhere celebrate and dance in the - publicly...

Ghana’s Discovery Of The Miracle Minister

No, no, not that sort of Minister, some form of Baptist or Pentecostalist - Ghana has more than its fair share of them -...

Aren’t These Millennials Going To Be Surprised When They Find Out...

A most amusing piece over in Salon about how American millennials are certain that capitalism just ain't gonna be around in the future therefore...

If Only Owen Jones Had A Clue About Economics

We should hold those who pontificate in public to a certain standard. That standard, so high and unachievable, being that they should know something...

Reparations – But There Was Nothing Unique About The Atlantic Slave...

There's sadly a large amount of ignorance concerning slavery. The Atlantic Trade was large, yes, historically concentrated as well. But there really wasn't anything...

Sandi Toskvig Sure Doesn’t Understand Economics

Comments like this are one of those little markers of someone getting entirely the wrong end of the stick. It is to entirely invert...

The Wrong Brothers

Back in 1908, a device was created that was so revolutionary that few existing regulations covered it. At that point, there were essentially no regulations...

The Biter Bit – Grace Mugabe’s Farm Invasion

We should not laugh at the disaster which has befallen Zimbabwe - the result of simply awful economic policies - but there is still...

Polly Toynbee and Economics – Never The Twain Shall Meet

For many years I've been observing that Polly Toynbee doesn't seem to be quite up with the basics of economics. Nowt has changed just...

Quoting Richard Murphy Means Your Economics Column Is Wrong

We've a useful example of a Guardian columnist who has failed at his basic task, explaining the economy, here. For he has quoted Richard...