Yesterday's Scottish economic festival in Leith was very good, went well, offered suggestions for development, and was quite exhausting, as it involved a lot of (to use the term Jacqueline and I have developed for such occasions) "peopling".
Saying so, as I said at the time, I am very grateful to all those who came to this event. I never set out when I started to first think about money, taxation, economics, well-being and the relationship between them, to end up appearing at events, or to receive rounds of applause, let alone to be greeted by a great many people, some of whom‘s names I knew, who treated me like an old friend because as one of them put it to me when we were in the loos “we've seen you so often you seem like an old friend that we know"
I appreciated that sentiment and enjoyed meeting everyone. So many questions were asked, some of which I'm going to have to reflect on before responding.
There were also some serious heavyweight thinkers on MMT present. As I've already noted, Warren Mosler was one of those; Patricia Pino was another. Warren shared what I think are new insights on his view of imports and exports, virtually turning his position on its head by making it a political-economic, and not an economic claim, whilst with Patricia and others, the job guarantee was the issue of debate. I will be discussing both here in due course, but not this morning. Warren has agreed to do a podcast. I may be inviting others, because, in social media terms, as Warren pointed out, I am the biggest proponent of MMT that there is.
Today, though it is time for eider duck in the sea (this was earlier this morning, and they are just beyond the first rocks:

The beach was totally deserted then:

And then it was time for a rare treat for me, an actual copy of The National
With coffee in my new mug, acquired yesterday:

And now, time for a second walk of the day and some more reflection.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:

Buy me a coffee!

enjoyed the photos, especially the mug!
Sounds very productive.
Enjoy the fresh air.
Craig
That’s a fine photo of the beach at NB, do drop in to Aberlady bay if you’ve a chance later, the UK’s first nature reserve and now, 74 years later, over 250 species of bird have been sighted there!
I will look in, but Cley in Norfiolk was the first in the UK – 100 years ago.
As one of the ‘peopling’ I enjoyed the Scotonomics immensely. Uplifting, informative and much to think about.
Unfortunately I didn’t get a mug
Thanks
I think the mug was a ‘thank you’ in my case.
I went along yesterday and really enjoyed it. I wasn’t sure what to expect. It was great to hear you in real life, and I stayed for the Job guarantee talk which was interesting and id be keen to hear your thoughts more.
I’m also enjoying my new mug!!
I missed that talk. I was too tired by then.
I liked the mug too!
I am glad you enjoyed North Berwick, please don’t tell a lot of people – I don’t count this blog. Did you manage a trip round the Bass Rock? It is one of the great wild life spectacles of the UK and not to be missed if you are in the area. I am told the Puffins have started to come ashore on Craigleith too.
Sue
That may be during the week
Today has been recovery time
BUt it is planned, if possible.
And thanks