Money printing: not what it was
byThere are lots of reasons why QE hasn’t yet created inflation in the rich West… SO HEADLINE writers everywhere got to say money really…
price inflation
Price inflation approaching
byThere is some evidence in the UK of a pick-up in consumer spending, probably echoed elsewhere. There are two likely factors behind this, the…
A tweet too far?
by“Unbelievable jobs numbers…these Chicago guys will do anything…can’t debate so change numbers.” So read the ‘tweet’ that the media immediately labeled a ‘conspiracy theory’,…
The paradox of choice
byHere is a puzzle for Keynesian and other neo-classical economists. When a consumer buys something, he must choose; and if he increases his purchase…
Material Evidence
byIn the 1 September 2009 edition of Material Evidence, Sean Corrigan explains why the stock market is rising and why the appearance of prosperity…
FT.com – “Beware of errors in output gap data”
byEntrepreneur and economist Toby Baxendale responds to warnings over errors in output gap data by explaining that there is no output gap, only lost…