A Modern Metaphor for the Economy: From Household Budget to Electric Motor
Big government or small? Physics doesn’t care. Why the economy is an electric motor, and why “balancing the books” is the wrong way to drive.
Big government or small? Physics doesn’t care. Why the economy is an electric motor, and why “balancing the books” is the wrong way to drive.
Why sovereign democracies must dismantle the mythology of ‘bond vigilantes’ to restore political agency
Are we missing the real story of Russia’s war funding? The inconvenient truth about roubles and global power.
The US economy shrank because it bought more things from abroad? That’s not shrinkage, that’s success measured incorrectly.
Debunking the crash narrative: Why fears over UK borrowing levels misunderstand the fundamentals
Sovereign wealth funds let states quietly wield currency power—disguised as prudent investment
A critique of De Grauwe and Ji’s analysis of the UK reserve system, highlighting aspects of the UK’s fiscal framework they have overlooked
Understanding the Physical and Social Constraints of the Public Sector
Stop stalling: why bold public investment, not austerity, is the key to economic recovery
George Bailey saves Bedford Falls—again! This blog reimagines the bank run with a deeper dive into the monetary system, as George uses his newfound financial savvy to outwit Mr. Potter, keep the town afloat, and still make it to his honeymoon.