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A Senex View
Wednesday, December 4, 2019 - 10:06
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Andrew Leigh is an incredibly nice guy and I used to follow his blog before he entered parliament. He had many very useful statistics on that blog which I believe you can find at PreviousLeigh (see a sense of humour too). Unfortunately as a practising economist he has zero understanding of Modern Monetary Theory (MMT). See and read more at Australian Real Progressives |
A Senex View
Tuesday, December 3, 2019 - 11:05
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In my previous post I outlined why jobs don’t come from rich people: capitalism runs on spending (sales), not savings. Job opportunities appear naturally when businesses forecast sales growth and expand output accordingly (and similarly disappear under reverse conditions). When viewing the economy as a whole, we can observe that private sector investment responds to rising incomes and spending as entrepreneurs expand output to match market demand and banks have confidence lending. In the absence of spending growth, accumulated savings do nothing. |
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Tuesday, November 19, 2019 - 21:54
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Under The Milky Way
Tuesday, November 19, 2019 - 21:54
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The thing is, Democracy will end. At some point the current dominant expression of Democracy – Universal Franchise with mass political parties and redistributive taxation – will fail to deliver solutions to urgent problems: Climate; Migration;War; National Sovereignty – and it will be discarded for something else. |
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Sunday, November 10, 2019 - 21:52
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Under The Milky Way
Sunday, November 10, 2019 - 21:52
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Talking Politics I have just discovered the excellent Podcast Talking Politics which discusses UK, US and European and International Politics. You must subscribe to Talking Politics. It is put together by David Runciman of Cambridge University and provides commentary and analysis in the best British academic tradition – informed, fair, objective, funny. It is absolutely brilliant. |
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Saturday, October 19, 2019 - 11:07
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Saturday, October 19, 2019 - 11:07
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Hoyden About Town
Saturday, October 19, 2019 - 11:07
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I have awoken with the urge to blog for the first time in many moons and offer you this otter doing a backflip at Capron Park Zoo in Massachusetts.
The otters do back flips over and over | Ben Spark on Flickr (CC BY 2.0) |
Sunday, October 6, 2019 - 17:07
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Sunday, October 6, 2019 - 17:07
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Thursday, October 3, 2019 - 21:47
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Thursday, October 3, 2019 - 21:47
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Friday, September 27, 2019 - 13:43
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Friday, September 27, 2019 - 13:43
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Friday, September 27, 2019 - 13:43
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Thursday, September 26, 2019 - 00:29
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Thursday, September 26, 2019 - 00:29
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Thursday, September 26, 2019 - 00:29
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Wednesday, September 25, 2019 - 20:44
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Wednesday, September 25, 2019 - 20:44
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Wednesday, September 25, 2019 - 20:44
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Friday, September 20, 2019 - 01:23
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Friday, September 20, 2019 - 01:23
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Friday, September 20, 2019 - 01:23
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Tuesday, September 17, 2019 - 00:24
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Tuesday, September 17, 2019 - 00:24
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Tuesday, September 17, 2019 - 00:24
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Monday, September 16, 2019 - 00:29
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Monday, September 16, 2019 - 00:29
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