The Radford Free Press – Page 154 – All life is problem solving.

Economics / economic policy, elections, government spending, growth, inequality, Obama, Republicans /

Distribution and All That

January 23, 2014

Rumor has it that Obama’s next State of The Union address will focus heavily on inequality which has become quite a vogue issue in some Washington DC circles. I doubt anything will come of his speech, these obligatory speeches get swamped by politics the moment they end, but it will be interesting to hear what […]

Economics / austerity, consumption, demand, economic policy, economic theory, plutocracy, stagnation /

Stagnation: For Whom?

January 15, 2014

I read with interest Steve Keen’s latest tilt at Paul Krugman in the new edition of Real-World Economics Review. This has been an ongoing discussion, but we need not concern ourselves too much with it here. Keen’s general point is that the money created when banks lend has to be taken into account within any […]

Commentary / economic theory /

Alienation Nation

January 8, 2014

And another thing … It occurs to me that one reason the western world is awash with right wing populist politics at the moment is the total alienation of the average voter from the techno-bureaucracy that runs our economies. After all that technical mumbo-jumbo hasn’t done much to improve things, and has, arguably, made things […]

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