Vegan meat problem

A short pointer towards a suggested read – Joanna Blythman’s concise article here (in the food trade Bible – ‘The Grocer’) ‘Why we should resist the vegan putsch’ on the suggestion that we should eat very little meat from the Eat-Lancet Commission. Surprisingly and worryingly to me, it seems to have the chemical company, Monsanto,… Read more

Government policy mistakes and failures: unintended or ignored consequences?

We all know – or at least those of us who are able and willing to undertake periods of self-evaluation and critical thinking do – that our actions have both intended and unintended consequences. This applies regardless of whether we act as individuals or as members of groups and collectives (e.g. families, interest groups, political… Read more

Not another one? Why not use the numerical evidence to guide us?

I agree with Clement Atlee and Margaret Thatcher, referenda are “a device of dictators and demagogues”. The whole point of representative democracy is that we elect representatives to make decisions on our behalf. If we do not like their decisions, we can elect new representatives. Adding referenda into this mix creates conflicting mandates leading to… Read more

Job guarantee programmes: back to the future?

Following Peter May’s mention in his blog of the 8th January of Dr Fadhel Kaboub and Modern Monetary Theory (MMT), and his advocacy of proposals for job guarantee initiatives, I happened to spot a link to a presentation by Dr Kaboub in a TRUK blog (http://www.taxresearch.org.uk/Blog/2018/05/05/the-case-for-a-job-guarantee-in-the-uk/). The presentation is worth watching in full, not least… Read more

Suggested requirements for a properly functioning Monetary system based on MMT in the UK

It is interesting that Fadhel Kaboub, Associate Professor of Economics at Denison University, and president of the Global Institute for Sustainable Prosperity, who is a great Modern Monetary Theory ‘MMT’ (Charles Adams’ summary here) and Job Guarantee Advocate, seems to be rather opposed to the Warren Mosler and Bill Mitchell idea that exports are like a… Read more