Recent blog posts include:
- Economic defeatism - 'Liquidate the banks, liquidate the rottenness out of the economy!' - In economics, there is often a mindset that we have to sit back and endure economic hardship, it harks back to the strange political appeal of austerity. However, there is always a choice - when a policymaker talks of the necessary economic pain, it is usually based on misguided macro-policy. 'It need not be like this.'
- ZLB - Zero lower bound rate explained - effectively when interest rates fall to zero and can't be cut anymore. What the ZLB means for economies, and what can be done to overcome the ZLB
- Flexible fiscal and monetary policy - a look at how we might shape future fiscal and monetary policy learning from mistakes of past five years.
- Pensioners better off, young people worse off - perhaps time to end free bus travel for OAPs and give it to the unemployed instead?
- Latvia to join the Euro - is there really any case to risk joining the Euro club and risk prolonged depression and unemployment like several existing Euro members?
- If the UK had been in the Euro, how would the UK economy be faring now? - It's hard to see anything but a worse situation.
EU employment rates. Unemployment upto 12%
- Shock therapy - Want to move to a free market economy? Shock therapy says it's best to do all in one go. Radical reforms make the change, whatever the cost - a mixture of results from chaos of Russia to relative 'success' of Poland.
- Does government debt lead to slower economic growth? - a look behind the theory of a controversial topic.
- Securitisation - what it is and how it contributed to the credit crunch
- What causes house prices to fall? - In the UK, it has been many factors from rising interest rates to the credit crunch.
- Will China challenge the West? - Is China set to become the economy to follow, or is the Chinese model at risk of imploding in a sea of growing credit and corruption?