Chicago economics — in praise of superficiality

Home > Uncategorized > Chicago economics — in praise of superficiality Chicago economics — in praise of superficiality from Lars Syll To observe that economics is based on a superficial view of individual and social behaviour does…

Daily death tolls

This graph raises some interesting issues. (1) Sth Korea’s death rate is proportionately much lower than most countries. Given that their infection rate is still significant but not as bad as Western countries we must…

The shape of the recovery: Those who tell…

Home > Uncategorized > The shape of the recovery: Those who tell don’t know The shape of the recovery: Those who tell don’t know from Dean Baker There have been a number of pieces in major news…

Common sense economics

from David Ruccio In the United States and around the world, governments are responding to the twin pandemics—of novel coronavirus and escalating unemployment—with massive bailouts. Not unlike what happened more than a decade ago, after…

Covid-19 and the magic money tree

from Lars Syll What will be the lasting effects of the covid-19 pandemic? Start with the size of the state. Over the next year government debt will rise sharply, as spending jumps and tax revenues…

The government should pay the workers 100 per…

The buzz-word at the moment in Australian government and policy circles is ‘hibernation’ – the government is hoping, that the economy can behave like a crocodile and find some ‘river bank’ and have a ‘good…