I am grateful to Frances Coppola for drawing my attention to a paper by Hiroshi Yoshikawa, Hideaki Aoyama, Yoshi Fujiwara and Hiroshi Iyetomi entitled Deflation
Read the full article…
Quantitative easing has never been repaid. And there’s not a hope it will be
Quantitative easing is the same process whether used to buy conventional government gilts and other financial assets (the process known as quantitative easing to date from
Read the full article…
Why isn’t People’s Quantitative Easing being used to fund homes for a million refugees?
The European Central Bank is, in response to the emerging world financial crisis, considering extending its current €1.1 trillion (£800 billion) quantitative easing programme. Under this
Read the full article…
Martin Wolf on Corbynomics
Martin Wolf has said in the FT this morning that: Mr Corbyn’s economic ideas are also muddled. Some proposals – notably higher public investment at
Read the full article…
The political difficulties of Corbynomics and how to resolve them
Andrew Baker is a political economist at Queen’s University, Belfast. I should mention straightaway that he and I have co-authored on the subject of corporation
Read the full article…
Why has @fcablog blocked me?
For several years possibly the most persistent abuse of me on Twitter, and the second most persistent abuse on a blog, has come from the
Read the full article…
55 economists oppose Corbynomics by agreeing with some of it
Today’s letter to the FT from 55 economists supposedly attacking Corbynomics is amusing for three reasons. The first is is drafting, which is so bad Tony
Read the full article…
Is anyone going to take this letter to the FT seriously?
As I have reported on this blog, there have been letters supporting the debate created by Corbynomics, including one notable one from more than 40
Read the full article…
Standard & Poors say the PQE could pay a 250% return
The question has been asked, time and again, as to whjat return People’s Quantitative Easing could provide on the sums invested. One way to determine
Read the full article…