An update on the glossary

Posted on February 6 2023

When I wrote about the glossary last week I thought it was largely done, barring some accounting issues that I knew were missing.

I added most of those missing entries late last week, adding almost 5,000 words to its length.

Then I did a ‘gap analysis', thinking about what was missing.

I now have another 150 entires to write until we get to ‘zero bound', which is currently the last planned entry.

So those who have volunteered may not be called upon just yet. And you now know what I am doing this week.

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5 Responses

Pilgrim Slight Return says:

February 6 2023 at 9:51 am

Understood.
Bill Kruse says:

February 6 2023 at 12:24 pm

Related and often searched for terms according to Google trends (which informs us of popular search terms) are ‘trickle-down economics’, ‘demand pull inflation’ and ‘cost push inflation’ , ‘dynamic efficiency’, ‘expansionary fiscal policy’, ‘supply-side economics’ and oligopoly so if they aren’t already in then you might want to include them.
https://trends.google.co.uk/trends/explore?q=%2Fm%2F02j62&geo=GB
- Richard Murphy says:
  
  February 6 2023 at 3:24 pm
  
  You added one to the list to do!
  
  I seem to be adding many more
  
  And I am making progress on it today
Neil MacInnes says:

February 9 2023 at 10:20 am

I take it there will be an entry for ‘deficit’, in which case perhaps something on ‘deficit/GDP ratio’,and the ‘rule’ that if it is above 3% it is a ‘bad thing’ . I’ve seen a few articles on the econometrics of this ‘rule’ – but what about its origins?

According to the article linked below, Mitterrand when President wanted a simple ‘rule’ to use to block Ministers who bothered him with requests for bigger budgets.

“We came up with this number in less than an hour. It was born on the corner of a table, without any theoretical reflection”.

https://openeuropeblog.blogspot.com/2014/01/from-archives-story-of-3-deficit-limit.html
- Richard Murphy says:
  
  February 9 2023 at 2:39 pm
  
  All those issues are in – and many have been drafted
  
  Thanks