Having earlier tried to demonstrate that the economy is a construct to enable greater overall prosperity, and that money within it usually serves to derail this value, there is no avoiding the most recurring misinterpretation – that the economy works like any old household. Unless Project Airbus can be seen as a household the economy… Read more
Category:
Neoliberalism
Framing the Economy (continued) – Project Value
It is likely that those of you at the back of the class will have overlooked the fact that in my Project Airbus suggestion for framing the economy, money was never mentioned. No need to worry – if the economy is considered as the archetypal joint effort, then money in the economy is just part… Read more
Framing the economy – Project Airbus
A while ago the New Economics Foundation issued a paper on framing the economy. It was really a series of focus groups set up to try to establish how the public see the economy. All very interesting, but not in the end very helpful, simply because there was nothing to build on that would really… Read more
Budgetary Sleight of Hand
This is rather a good video from Momentum. It is in the same vein as Simon Wren-Lewis’s suggestion that Conservative budgetary aims are based on deceit not ignorance: Sam has got just one question – and if anyone can answer it, he'll vote for the @Conservatives for the rest of his life. pic.twitter.com/FJLXqQtNq8 —… Read more
TheFullBrexit.Com
Am I really offering a link to a Brexit site? Yes, I fear, I really am! And just because, whilst I do think they have the best of intentions, they are not correct. They suggest – and this is probably true – that the collapse of UKIP shows that people are prepared to accept the… Read more
A dream address
So who should rightfully have their head office in this ‘cul de sac’ about a mile from the centre of Leeds? I can think of numerous candidates but far be it from me…… Read more
Neoliberalism is driving us nuts
– if we live to realise it at all. Interesting short article in (remarkably) the ‘Telegraph’ from the Health Foundation think tank. People, since 2010 (I wonder what happened then?) have been – and, as far as I can see, this is unique in Europe – been living less long, and so too, are current… Read more
Canada & Modern Money
I came accross this interesting, historical chart indicating how Canada’s debt and interest has boomed since it stopped getting its Central Bank to issue money. I believe the change was much influenced by US political pressure but it does prove, as I am sure that our Canadian Bank of England Governor, Mark Carney is well… Read more
Why a Universal Basic Income might shore up Neoliberalism
I occasionally read what the ex New York Times journalist, Chris Hedges, writes as it is always well written and usually hard hitting. This piece is no exception and I was drawn to it because he is railing against the idea of a Universal Basic Income – something which, although I’d prefer it were called… Read more
The only bit of Neoliberalism that isn’t Fascism is the ‘Neo’ bit
It really does seem that the only remaining difference between Neoliberalism and Fascism is a slightly more liberal social policy outlook – although even that might be debatable in some cases. I now discover that whereas Hitler started the privatisation lark, his Fascist colleague, Benito Mussolini, started the Private Finance Initiative (PFI). Admittedly, it wasn’t… Read more