T cell economics
A view of macroeconomics untainted by neoclassical dogma
Saturday 22 June 2013
The supercooperators
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In a previous post I argued that economic growth was compelling evidence that human society has become increasingly cooperative. This is b...
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Friday 21 June 2013
The good guys are winning
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One of the most striking, and under-appreciated features of humans is their facility for cooperation and altruism. It is under-appreciated b...
Sunday 2 June 2013
Creating money
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An economy needs money. The question is how to provide it in amounts that are sufficient to allow optimal amounts of economic growth. Too l...
Saturday 4 May 2013
A revealing comment
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The debate about the notorious Rogoff/Reinhart spreadsheet has taken an interesting turn. Recall that they argued strongly that high govern...
Sunday 28 April 2013
Who should be tightening their belts - banks.
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After the global financial crisis there has been much talk of the need to tighten our belts. Most is hypocritical as it is used to justify c...
Saturday 6 April 2013
An important speech proposing a major change in macroeconomic thinking and policy
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A few days ago Adair Turner, former chair of the Financial Services Authority, made a bold speech in which he made a number of points alrea...
Sunday 24 March 2013
The effects of the bank levy - forcing the non-bank private sector into insolvency
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There has been some comment that the bank levy of depositors in Cyprus might, if it does not cause to much contagion, be tried again when, a...
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