Category Archives: Economics and public policy

Democracy and inequality

I was a little crestfallen when, after my public lecture on democracy and sortition at King’s College London was filmed with a few to producing a video and the contractors informed us that the recording was hopelessly corrupted. So I was … Continue reading

Posted in Democracy, Economics and public policy, Education, Ethics, Sortition and citizens’ juries | Comments Off on Democracy and inequality

Deep Strategisation: the schlock of the new

Cross posted on The Mandarin. The OECD recently published this OECD report on inclusive growth. It’s certainly a Good Thing that the OECD regards alleviating inequality in the light of various things including: Sharply rising inequality within many countries – even though global … Continue reading

Posted in Economics and public policy | 6 Comments

A lucky boy from a golden age of economics

When the financial crisis struck, it was back to the economics Max Corden learned in the 40s and 50s — a golden age of economics in which conceptual simplicity was a feature not a bug and the central criterion of good … Continue reading

Posted in Economics and public policy, History, Science | 1 Comment

The central bank payment system would survive any crisis: My letter to the FT

Bob Sleeper (Letters, June 15) is concerned that if central banks embraced competitive neutrality and extended to us all the utility banking they provide commercial banks, that would leave high-risk loans to the private sector. For me that’s a feature, … Continue reading

Posted in Economics and public policy | 7 Comments

My letter to the Financial Times: All finance requires is an upgrade for the internet age

All finance requires is an upgrade for the internet age From Nicholas Gruen, VIC, Australia Given the resounding “No” from the Swiss in the Vollgeld or “sovereign money” referendum, and despite Bob Sleeper’s relief (Letters, June 12), Martin Wolf’s central … Continue reading

Posted in Economics and public policy, Innovation, Political theory | 5 Comments

Central banking for all: Meanwhile in the wider world …

I’ve previously commented more than once on the relatively more healthy state of economic debate in the UK than here – which is not to say that the giant intellectual sucking sound that is Brexit isn’t already having its own disastrous impact … Continue reading

Posted in Economics and public policy | 2 Comments

John Burnheim on theory and practice in understanding the world

In an exchange, John Burnheim sent me an email which seemed to me to be the effective condensation of a lot of good thinking. It certainly chimed with my own thoughts. So I suggested he clean it up and I’d reproduce it here, … Continue reading

Posted in Economics and public policy, Science | 5 Comments