Category Archives: Economics

The catch-all category for my blogs reflecting my professional expertise as a full professor of economics.

The divide-and-conquer strategy of the CIA in France 1985-style

A good friend sent me a document that was released under the US Central Intelligence Agency’s rules about archives. The CIA has established a fabulous ‘Freedom of Information Act Electronic Reading Room’ where all sorts of stuff is released after … Read the rest of this entry »

Posted in Demise of the Left, Economics, Framing and Language | 4 Comments

When neo-liberal masquerades as anti-establishment

Regular readers will know I was doing some speaking engagements in New Zealand a few weeks ago. Please read my blogs – Travelling all day today but here is something to watch and listen to and Reflections on a visit … Read the rest of this entry »

Posted in Economics, New Zealand, Politics | 24 Comments

Falling enrolments in mainstream economics programs is a desirable outcome

If you have had the misfortune to study economics formally at university then you will recall sitting through endless and tedious lectures where the instructor asserted some superior knowledge about psychology and human behaviour. If you had combined the economics … Read the rest of this entry »

Posted in Economics | 15 Comments

The neo-liberal infestation – Australia’s broadband fiasco gets worse

I have written about Australia’s fraught venture into establishing a national broadband network (the so-called NBN) to apparently take us into the next era of communications, although it seems the lifespan of what they eventually will build will be short, … Read the rest of this entry »

Posted in Economics, Fiscal Statements | 14 Comments

Reflections on a visit to New Zealand

Last Friday, I gave a public lecture organised by the strategy group Strategy2040 and the full presentation is available on YouTube – Thinking in a Modern Monetary Theory Way (I made it available in yesterday’s blog). After that presentation I … Read the rest of this entry »

Posted in Economics, Framing and Language, New Zealand | 31 Comments

There is nothing much that Milton Friedman got right!

“If we want to ensure more people are well-employed, central banks alone will certainly not suffice” is a quote I am happy to republish because I consider it to be 100 per cent accurate. The only problem is that the … Read the rest of this entry »

Posted in Central banking, Economics | 8 Comments

EU clones itself in West Africa and then tries to ransack the region

In a recent blog – If Africa is rich – why is it so poor? – I considered the question of why the resources that make Africa rich have not been deployed to the benefit of the indigenous people who … Read the rest of this entry »

Posted in Economics, Eurozone | 14 Comments

When the top-end-of-town realise their strategy is failing

There was an interesting article in the Financial Times on Monday (June 26, 2017) – Why US big business is listening to Bernie Sanders – which, despite the somewhat misleading and over-the-top headline, tells us a little of the way … Read the rest of this entry »

Posted in Economics, Labour costs | 32 Comments

If Africa is rich – why is it so poor?

When I was a student, that is, formally studying for degrees rather than the constant-learning approach which makes us permanent students, I was very interested in development economics and have carried that into the career phase of my work, including … Read the rest of this entry »

Posted in Economics, IMF | 33 Comments

Stuart Chase – a visionary ahead of his time

I recently re-read several books (well books), the first of which was published in 1932, and, the others published in the early 1940s, which were written by a relatively unknown American economist Stuart Chase. He not only wrote about economics … Read the rest of this entry »

Posted in Economics | 29 Comments