Author Archives: bill

The Weekend Quiz – August 18-19, 2018 – 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 | 6 Comments

The Weekend Quiz – August 18-19, 2018

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 | 10 Comments

Australian labour market weakens in July 2018

The Australian Bureau of Statistics released the latest – Labour Force, Australia, July 2018 – today which show that the Australian labour market weakened in July 2018 and one is lead to think that the June 2018 improvement was an … Read the rest of this entry »

Posted in Labour Force | 2 Comments

A twitter storm of lies …

This is my short Wednesday offering, which will be quite short considering the last two days have been (necessary) epics. My three-part series created somewhat of a social media storm, which means people are interested in the topic and I … Read the rest of this entry »

Posted in Britain, Demise of the Left, Fiscal Statements, Framing and Language, UK Economy | 36 Comments

MMT is just plain good economics – Part 3

This is the third and final part of this series where I examine claims made by senior advisors to the British Labour Party that a fiscal policy that is designed using the insights provided by Modern Monetary Theory (MMT) would … Read the rest of this entry »

Posted in Britain, Capital controls, Fiscal Statements, Framing and Language, Job Guarantee, UK Economy | 52 Comments

MMT is just plain good economics – Part 2

I am surprised at the hostility that Part 1 in this series created. I have received a lot of E-mails about it, many of which contained just a few words, the most recurring being Turkey! One character obviously needed to … Read the rest of this entry »

Posted in Britain, Central banking, Fiscal Statements, Framing and Language, Inflation, UK Economy | 42 Comments

The Weekend Quiz – August 11-12, 2018 – 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 | 11 Comments

The Weekend Quiz – August 11-12, 2018

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 | 2 Comments

MMT is just plain good economics – Part 1

On August 6, 2018, British tax expert Richard Murphy who is becoming increasingly sympathetic to the principles of Modern Monetary Theory (MMT) published a blog post, which recorded an exchange with one James Meadway, who is the economics advisor to … Read the rest of this entry »

Posted in Debriefing 101, Fiscal Statements, Friends like this, Reclaim the State | 63 Comments

Australian households running down savings and in a race to go broke

A short blog post today as it is Wednesday. I have also been travelling a lot and have been reading a lot. And have been otherwise distracted. But I thought this information was worth writing a few paragraphs about for … Read the rest of this entry »

Posted in Economics, National Accounts | 5 Comments