Rebuilding the Bottom Rung
If there is a shortage of entry level jobs, why not create some?
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The 'Borrowing Costs' Ritual
Britain’s supposed ‘borrowing crisis’ says less about financial necessity than about a political class still trapped inside the rituals and superstitions of a pre-floating exchange rate world.
Halligan's Martian Economics
Another day, another 1976 warning
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.
It's Time to Nuke the Bond Market
Why sovereign democracies must dismantle the mythology of ‘bond vigilantes’ to restore political agency
Rethinking Russia's War Chest
Are we missing the real story of Russia’s war funding? The inconvenient truth about roubles and global power.
GDP Has It Backwards: Why Importing Stuff Isn't 'Shrinking'
The US economy shrank because it bought more things from abroad? That’s not shrinkage, that’s success measured incorrectly.
Misreading the Signs: Why High UK Borrowing Doesn't Mean Financial Crash
Debunking the crash narrative: Why fears over UK borrowing levels misunderstand the fundamentals
The Hidden Power of Sovereign Wealth Funds
Sovereign wealth funds let states quietly wield currency power—disguised as prudent investment
Beyond the 'Bonanza': Unseen Dimensions of the De Grauwe/Ji Reserve Policies
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