Having written a glossary entry on the paradox of thrift this morning, I realised one was also required on the fallacy of composition. This it:
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Paradox of thrift
Having mentioned the economic concept of the paradox of thrift in a post this morning, I realised there was no glossary entry on the subject,
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The ship is sinking
Talking of credit cards, as I have already done this morning, the FT has reported that: UK consumer card spending fell at its fastest pace
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This is not a way to run an economy
After a night where I spent more time awake than asleep, a few thoughts on an article that caught my attention as my nose and
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Where’s the plan?
Too many campaigners talk about what’s wrong, but never explain what must change or how it could happen. Real campaigning means finding solutions: identifying causes,
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Scotland should take control of its banks
I might not feel like writing much this morning, but I have a column in The National this morning suggesting that it is time for
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People want democratic control of the City and money
Yesterday’s video on 12 questions on MMT had a poll linked to it, which was not reproduced on this blog (my mistake). This was the
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Optimisim is in short supply
Saturday’s video on the risks of a crash, based on warnings from the Bank of England, has now had more than 250,000 views. The related
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Giving in
I was aware, as last night progressed, that what felt like a cold was coming on. I most definitely have one this morning, and at
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