Category Archives: economic policy

Jacobin both good and bad

I guess that I should really get a subscription, given how often I read JacobinMag nowadays. This morning, for instance, I read a piece where they point towards the role of the Netherlands as vanguard of everything that’s wrong in … Continue reading

Posted in belief systems, deficit spending, developed countries, health care policy, human rights, MMT, public debt | Leave a comment

From faulty premises

I assume that Vinod Khosla is a smart man. According to the byline under his recent Forbes piece titled “The Next Technology Revolution Will Drive Abundance And Income Disparity” notes that Vinod Khosla co-founded Sun Microsystems and is the founder … Continue reading

Posted in belief systems, economic policy, standards of living, techno utopianism, technology assessment, wealth distribution | Leave a comment

Taxing consumers reduces growth – still!

So, the Japanese prime minister Abe proposed a bastard-Keynesian program for getting Japan out of its stagflation, nick-named Abenomics. But because he still effectively thinks neo-liberally, the program included a consumption tax increase to “balance the budget” (while at the … Continue reading

Posted in austerity, belief systems, economic policy, macroeconomics, MMT, neo-liberalism | Leave a comment

We’re reduced to liberals vs conservatives again

Ars Technica reports that the Pentagon will move Chelsea Manning and start hormone treatment: Formerly known as Bradley Manning, the private was court-martialed last year and sentenced to 35 years for forwarding a cache of classified documents to WikiLeaks. After … Continue reading

Posted in "free trade", developed countries, gender | Leave a comment

Stratfor is worth a month of MSM coverage

Stratfor discusses the Eurozone crisis, and once more they manage to put more relevant information into a single of their reports than one will find if scouring the MSM for a month: Media reports to the contrary, Greece’s return to … Continue reading

Posted in austerity, Devaluation, economic policy, eurocrisis, hyperinflation | Leave a comment

“Animal spirits” still rule speculation

VoxEU offers academica macroeconomic analyses that are a bit more nuanced than the bleating in the MSM. But often this nuance is not very impressive. Currently, there’s write-up of a paper online, titled Watch the indices! Derivatives and the Eurozone … Continue reading

Posted in eurocrisis, macroeconomics, MMT, public debt | Leave a comment

Speculation theory vs practice

There are two nice posts up by Ben Strubel at New Economic Perspectives. He addresses commodity speculation. There’s currently quite a bit of discussion about this in Germany because food speculation, for instance, drives up prices and adds volatility. Strubel … Continue reading

Posted in Musings, stock markets | Leave a comment