Back again with another Monday Message Board.
Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link
http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page and at my Economics in Two Lessons page
The thylacine in the headline is the long sought and now extinct, budget surplus. My latest in Inside Story.
Back again with another Monday Message Board.
Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link
http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page and at my Economics in Two Lessons page
… is set out over the fold. I’m confident readers who take a little time to think about it will realise it’s far superior to existing policy, and to any alternative proposed so far. (Previously posted at Crooked Timber in 2011)
. Instead, it’s a flight of fancy. That’s the tile of my latest piece in The Conversation. Read there, comment here.
Here’s my latest email news.
I spend quite a bit of time (more than I should) engaged in Twitter debates with advocates of Modern Monetary Theory (MMT). Some are generally sensible, while others are convinced they have learned a deep secret which enables us to have whatever we want without paying for it. Unfortunately, the sensible ones (Meaningful Monetary Theory) don’t do the hard work of correcting the others (Magical Monetary Theory)
A couple of tweets referring to the latter group (followed by the usual long and confused set of responses)
A striking feature of #MMT discussion is that it starts from a presumption of failure. Always supposed to be lots of unemployed resources that can be mobilised by fiscal policy .
When MMT advocates (or anyone else) start suggesting rationing and forced saving are preferable/sensible alternatives to taxation, I don’t think it’s unfair to call them anti-tax. These are really bad ideas, and should be repudiated.
Feel free to add your thoughts
Once again, I’m trying to combine exercise and fundraising, in this case for the MS Brissie to the Bay Appeal.
Please donate to help me raise $2500 for multiple sclerosis research and help for patients and their families .I’m running a marathon in June, so I’m going to go with virtual fundraising, instead of taking part in the physical ride. My aim will be to run 300km and cycle 500km over May and June, and to raise $2500. Feel free to suggest challenges I could undertake to encourage donations.
I sent a (very rough) draft manuscript of The Economic Consequences of the Pandemic off to Yale University Press last week. Still a lot of work to be done, but I’ll have a bit more spare time now. So, I’m hoping to get a bit more blogging done.
Back again with another Monday Message Board.
Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link
http://eepurl.com/dAv6sX You can also follow me on Twitter @JohnQuiggin, at my Facebook public page and at my Economics in Two Lessons page
John Quiggin 