Making And Selling Coca Cola Is A Sin Says The Senior Lecturer

A gentleman who is soon to be unemployed as an economics professor tells us that the production and sale of Coca Cola is a sin: If sin such a terrible thing when it comes in the form a can of...

Richard Murphy Proves That Fighting Climate Change Isn’t Worth It

Not that Richard Murphy realises that he's just proven that climate change isn't something we should bother about but then that's because Richard Murphy doesn't understand the subject under discussion. But on such a misunderstanding he has based his entire...

Green New Deal Bonds Must Pay 3% – Because That’s Not Available Elsewhere

Richard Murphy, the would be architect of the Green New Deal, tells us that the whole thing could and should be financed by Green Bonds which will pay 3% interest. Because that's just not available anywhere else. But suppose the...

How Stupid Do You Have To Be To Get Pensions Savings This Wrong?

This is not the mere abuse that we so delight in around here, this is actually a serious question. Just how damn stupid do you have to be to get pensions saving this wrong? The assertion is that all...

University Expansion Wasn’t A Good Idea – Michael Gove VAT And Sales Tax Edition

It has to be said that the expansion of the universities wasn't all that obviously a good idea. Sticking 50% of the age cohort through grievance studies for three years doesn't particularly aid the future. But rather more than...

As Perfect Information Doesn’t Exist Then Therefore Nor Do Markets

This is the outcome of this insistence by the Senior Lecturer at Islington Technical College. That we don't have perfect information, we never have perfect information and therefore markets don't exist. This is a less than nuanced reading of...

To Get The Very Basics Of Modern Monetary Theory Wrong

Modern Monetary Theory is an oddity. In one sense it's simply a statement of the blindingly obvious - governments create modern money so they can't run out of it. As long as they can afford the paper and the...

The Corporate Accountability Network – CAN Is A Euphemism For What?

The latest little offering from the Senior Lecturer at Islington Technical College is the Corporate Accountability Network. The purpose of which is to provide an income when the lecturing gig finishes. The creation of the Corporate Accountability Network is...

Dear Lord Above, If Only City University Employed Economics Professors Who Knew Economics

It is possible that this expansion of the universities wasn't all this good an idea. For example, the upgrading of Islington Technical College into City University seems to have led to people being employed to teach economics while they...

The Economic Mistake With The Scottish Payment Initiation System

The Senior Lecturer points us toward another economically flawed idea. That Scotland should have its own, government owned, electronic payments system. The basic idea of a state owned payments system, well, why not? The idea of a new payments system,...

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