Author Archives: bill

Fake surveys and Groupthink in the economics profession

In recent weeks, it has become apparent that Modern Monetary Theory (MMT) has evolved into a new ‘status’. Our work is everywhere now and has penetrated the political process (particularly in the US). At the same time, the mainstream macroeconomists … Read the rest of this entry »

Posted in Framing and Language | 33 Comments

Bank of England backtracks on its doomsday Brexit scenarios

Earlier this month (March 5, 2019), the Governor of the Bank of England fronted the House of Lords Select Committee on Economic Affairs for his annual grilling. The details of his evidence, covered in the transcript produced – Uncorrected oral … Read the rest of this entry »

Posted in Britain, UK Economy | 26 Comments

The Weekend Quiz – March 16-17, 2019 – answers and discussion

Here are the answers with discussion for this Weekend’s Quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it … Read the rest of this entry »

Posted in Saturday quiz | 10 Comments

The Weekend Quiz – March 16-17, 2019

Welcome to The Weekend Quiz. The quiz tests whether you have been paying attention or not to the blog posts that I post. See how you go with the following questions. Your results are only known to you and no … Read the rest of this entry »

Posted in Saturday quiz | 9 Comments

Travelling across the world today to escape the famine that MMT will cause

I am travelling all day today and I will resurface, in blog terms, on Monday. A quiz will pop up tomorrow as usual. For now a brief excursion into the Dutch press, which has decided to join the wannabees attacking … Read the rest of this entry »

Posted in Admin, Britain, Green New Deal, Music, US economy | 15 Comments

Another fictional characterisation of MMT finishes in total confusion

I am travelling across Europe today and so am just writing this in between various commitments. I will soon be back home in Australia and have received a lot of E-mails about the way the Australian media has been treating … Read the rest of this entry »

Posted in Economics, Fiscal Statements, Framing and Language | 38 Comments

Event news and podcast

I am moving from well north of the Arctic Circle today to eventually get to Vienna for an event that I am talking at tonight as part of a new lecture series “Talk Europe #offenegesellschaft”. So no time to write … Read the rest of this entry »

Posted in Admin | 8 Comments

US labour market weaker than it was at the end of 2018

Last week’s (March 8, 2019) release by the US Bureau of Labor Statistics (BLS) of their latest labour market data – Employment Situation Summary – February 2019 – is a little hard to believe and shows the sampling variability involved … Read the rest of this entry »

Posted in Labour Force, US economy | 10 Comments

The Weekend Quiz – March 9-10, 2019 – answers and discussion

Here are the answers with discussion for this Weekend’s Quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it … Read the rest of this entry »

Posted in Saturday quiz | 3 Comments

The Weekend Quiz – March 9-10, 2019

Welcome to The Weekend Quiz. The quiz tests whether you have been paying attention or not to the blog posts that I post. See how you go with the following questions. Your results are only known to you and no … Read the rest of this entry »

Posted in Saturday quiz | 6 Comments