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…
The drunk looking for the key
from Yoshinori Shiozawa (originally a comment) This is a part of my essay “Between Math and the Occult” written in 2002 for a journal named “The pleasures of mathematics” (in Japanese) No. 30. There is…
The Weekend Quiz – October 31-November 1, 2020
RSS feed billy blog MMT Macroeconomics Textbook – March 2019 Now available for purchase – For details. 2017 book Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World Co-authored with Thomas Fazi.…
Inflation is not necessarily due to excessive spending
Yesterday’s data from the Australian Bureau of Statistics (October 28, 2020) – Consumer Price Index, Australia – for the September-quarter 2020, illustrates what a lot of people do not fully grasp. Inflation can be driven…
Is economics value-free?
Home > Uncategorized > Is economics value-free? Is economics value-free? from Lars Syll I’ve subsequently stayed away from the minimum wage literature for a number of reasons. First, it cost me a lot of friends.…
The algorithms of wealth accumulation
from Ikonoclast (originally a comment) Capitalism is already an algorithmically determined system on the financial economy / financial accounts side and it has been so at least since the 1850s. The axioms and algorithms of…
Economists have no ears
from Steve Keen Thomas Kuhn once famously described textbooks as the vehicle by which students learn how to do “normal science” in an academic discipline. Economic textbooks clearly fulfil this function, but the pity is…
Politics in a Podcast – fiscal statements and…
It’s Wednesday and just a few things today while I attend to other things (writing, meetings, etc). I will have an interesting announcement to make in a few weeks (around then) about a project I…
Cash industry association ESTA contradicts EU Advocate General…
from Norbert Häring ESTA, the association of European cash management companies, has published a position paper contradicting the assessment of the EU Advocate General of my case before the European Court of Justice regarding the…
Drain the (corporate) swamp
Today, I celebrate – my home town of Melbourne has recorded zero new infections for the second time since June 9, 2020 and zero deaths. A consecutive day of double zero. My Melbourne band Pressure…