Questions From NPR We Can Answer – No

As with such newspapers as The Guardian, National Public Radio is prone to confirming Betteridge's Law. Which, roughly enough, states that any headline with...

The Crazed Claim That Poverty Has Increased In The UK

One of the problems with starting new definitions of words and concepts is that it's possible to forget that you are indeed using that...

If You Don’t Understand Numbers Or Economics Then You’ll Not Understand...

OK, fair point, this is from someone influenced by the Senior Lecturer on matters economic so they're obviously not going to get it. But...

Standard Economics Confirmed – Regulation Creates Rents Which Are Exploited

It's a standard idea that regulation is at times necessary, but also that the very act of regulating creates economic rents which can then...

And Here Are The Funeral Directors Building A Cartel, A Guild

One of the useful ways of reading Adam Smith's "Wealth of Nations" is as a rant, a rage, against the medieval economy of guilds...

John McDonnell To Lower Wages In The Gig Economy – Or...

That John McDonnell doesn't understand economics is obvious enough, the man's a hardline Marxist and socialist. Who has even said that the Senior Lecturer...

Tesco Launches Jack’s – How Consumers Benefit From Competition

A fun little point concerning how we consumers benefit from that capitalist lust for the profits to be made by exploiting us. As long...

From The Annals Of Inventive Innovation – Crack Pipe Vending Machines

There are times when human ingenuity really does need to be applauded - that invention of fire, the noting that garlic added to stone...

Yes Indeedy, There’s A Laffer Curve For Innovation

The standard form of the Laffer Curve is simply a mathematical truth, that there are tax rates which are too low to be revenue...

So Just How Do Housing Bubbles Blow Themselves Up Then?

Not how do they go pop, but how do they get larger? The financial transmission of housing bubbles: Evidence from Spain Alberto Martin, Enrique Moral-Benito, Tom...