Booze Ain’t Half The Price, Wages Have Doubled

The wowsers over at the Institute for Alcohol (note, this translates as the Institute Against Alcohol) claim that supermarket booze has halved in price...

Venezuela’s Petro Cryptocurrency – Assignat Or Rentenmark?

When you've entirely blown up the value of a fiat currency the correct solution is to introduce a new form of money. So, Venezuela...

The Truly Interesting Part Of Krugman’s “See, Told Ya!” Paper

We're not great fans of macroeconomics around here, being of the opinion that this is the half of the subject we know humans are...

High Wages Aren’t The Problem, Higher Wages Are

There is, as all will be aware, rather a lot of moaning about the people who make high wages these days. That income inequality...

It’s All Robert Reich’s Fault – That Decline in Trust in...

Robert Reich tells us two things in one of his recent commentaries on the state of the nation. Two things which together could make...

Fools, Stock Buybacks and Trump’s Tax Plan

We have another of those most annoying outbreaks of economic illiteracy concerning the pharmaceutical companies, stock buybacks and Trump's tax plan. OK, perhaps better...

Larry Summers on the US Pay and Productivity Link

We're deeply unsure that this is correct but here is the paper being talked about from Larry Summers and Anna Stansbury concerning the delinking...

Of All The Idiot Suggestions About Google’s Taxes

Those of us rich in knowledge of the British tax and economic scene are really not surprised at all that Richard Murphy is the...

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...

Lunacy from UK Treasury – Taxing the Tech Giants on Turnover

It's normally true that the Treasury cannot see economic activity without desiring to tax it. Yet there are sensible ways to gain the revenue...