Morgan Warstler thinks he has solved the unemployment problem.
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He holds strong opinions, but tries to change his mind when confronted with new evidence or persuasive argument.
He blogs at http://azizonomics.com/"
In which I go full Cassandra...
Relativism is not nihilism
Nate Silver's new site has gotten a lot of flack. I'm piling on.
No, I'm not trolling...
Britain's staying out of the Euro is a lucky coincidence.
Raise rates, raise rates, raise rates, raise rates?
David Cameron says that money is no barrier to helping flood victims. I wish he felt the same way about the unemployed...
Neither new, nor Keynesian...
Alex Salmond wants to turn the Sterling into the Euro...
Yes — but so is crossing the road
Updating my risk framework...
Breakthroughs in life extension technology may have massive effects on the economy...
David Cameron claims that the British economy is recovering, and of course his government is claiming vindication for its austerity policies. This is in many ways a miserable joke, says John Aziz.
Some people may find this surprising...
It's not the end of the world...
The best thing about debating yourself is that one of you is guaranteed to win...
In the long run, we're all global...
Is it possible to embrace big banks, while disavowing Too Big To Fail?
Is libertarianism dying? Or is it about to get much bigger?
Monetarists, Neoclassicals and Austrians often claim that Keynesianism was discredited in the 1970s. Have they got the wrong end of the stick?
How has the arrival of superabundance changed society?
Some people believe savings are the source of all Capital. Are they right?
Do humans behave the way neoclassical economic models assume they do?
Save Our Savers want to help savers by stopping central banks from keeping base rates low. But will that really help savers?
The subjective theory of value remains a deep and relevant idea over a century after its initial formulations.
Tomas Hirst and John Aziz discuss whether the best way to increase economic activity is through fiscal or monetary policy.
A new Federal Reserve chairman will arrive in 2014. What monetary reality will they inherit?
In the 1940s Keynes Proposed the Bancor — an international reserve currency — as a solution to disruptions resulting from global trade imbalances. Has his idea come of age?
Protectionism and Mercantilism are much-maligned by Economists. Is that reputation fair?
The Fed has talked about tapering its stimulus. But is the economy really recovering?
John Aziz and Noah Smith have a dialogue...
Opponents of central bank interventionism think central banks have no "exit strategy". Are they right?
Are we having the right infrastructure debate?
Some advocates of austerity seem to believe that the slump is the only time for "structural reform." But what does that even mean?
John Aziz and Tomas Hirst discuss the impact of quantitative easing on the real economy and whether the US is recovering.
What lessons can America draw from the British experience of "expansionary austerity"?
Does evidence that quantitative easing benefits the richest the most suggest the monetary transmission mechanism is broken?
David Cameron's continued insistence on austerity is less a policy open to revision based on evidence, more a religious doctrine immune to evidence.
It's possible that a society of educated people is likely to be more cultured and scientific-minded than one of non-graduates, and this should have positive externalities in the form of better political discourse and higher culture. There is, however, little evidence of this in practice.
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This week's Newsletter is live: How Not to Do Macroeconomics - http://t.co/hItAPV8GC8
Robert Shiller: Against the Efficient Markets Theory - by @mileskimball http://t.co/aFtaZnDT38
Putin's strategic gamble on Ukraine: http://t.co/B4qgO9pd6i #geopolitics #Ukraine #Russia
George Osborne, Unemployment & Inflation - by @azizonomics http://t.co/abH7BKzwlr
Further comment from Ian Kelly on the problem with equity crowd-funding - http://t.co/g3R3PSDxmv