plutocracy

Budget Fog and Budget Clarity

by on May 23, 2017

On a clear day we can dream of being free from the farce and incompetence that is Trump. Meanhwile back in reality ...

The Trump [more…]

Channelling Galbraith

by on April 28, 2017

Jamie Galbraith's conclusion in his essay at Dissent magazine:
"The progressive alternative to an economic program of reckless stimulus and real-estate capital gains is a [more…]

Reflections

by on April 7, 2017

It is easy to be partisan. It is easy to believe in sweeping utopian solutions. It is easy to delude yourself that what you think [more…]

Firms: Who Knew?

by on April 4, 2017

One of the controversies buried by contemporary economists in their great cause of advocating market freedoms, is that of the role of central panning. There [more…]

Amateur Hour

by on February 14, 2017

I can't resist. I have tried, but I can't.

Trump is a total amateur. A complete child in a land of grown ups.

His organizational [more…]

Economy Base Level

by on January 29, 2017

We are, no doubt, about to be barraged by a torrent of alternative facts concerning the economy and economic growth under our new leader. So [more…]

Only Class Can Trump Trump

by on January 24, 2017

I came across the Trump phenomenon up close yesterday. The cause was prosaic, I was having a¬†technician fix our washing machine. How ordinary is that? [more…]

Putney Debates and The Trump Adminstration

by on January 10, 2017

Here's a well known quote:
"For really I think that the poorest he that is in England hath a life to live, as the greatest [more…]

The Market Turn

by on January 2, 2017

I am going to be writing an extensive review of Avner Offer and Gabriel S√∂derberg's excellent book: "The Nobel Factor" in the near future. Meanwhile [more…]

A New Year — Happy or Not

by on January 1, 2017

I am not going to become involved in endless analysis of Trump's presidency. I think we ought let it speak for itself.

Nor am I [more…]