Volume 10 No.6 - November/December 2018
Contents
How big does the fire need to be?Before we “understand”, once again, how we can pay ourselves to put it out.
J.D. AltBook extract: Why technology alone won’t save us
from “Managing Without Growth. Slower by Design, Not Disaster”,
Peter Victor, publ by Edward Elgar . Part Two EditorKeen versus Krugman
Mainstream economics wrongly asserts that credit and money are neutral, with no impact on real economic activity
John BalderThere is nothing sacrosant about corporate culture
We can and must regulate it.
Ann Wardrop and David WishartWhat should be the purpose of economic policy?
And what role can, and should, economists play in guiding policy decisions?
Rachel FrenchNeoclassical economists — a bunch of idiot savants
They do not understand what is happening in the world today
EditorIs there a case for restoring the gold standard?
Trying to get gold back into the monetary system is a very bad idea
Lars SyllIs the U.S. Federal Reserve privately owned?
The Fed is not owned by anyone, however it was established to serve the public interest.
EditorGovernments left clueless by economic orthodoxy
Economics, as now mostly practised, is largely self-reinforcing rather than self-correcting
EditorMainstream economics and Modern Monetary Theory
What really divides them? A very great deal indeed!
Steven HailThe Trans-Pacific Partnership is not about trade
But rather, it is about corporate power and control
Editor
Volume 10 No.5 - September/October 2018
Contents
Why have wages been allowed to stagnate?Ideology, ignorance, selfishness, delusion and intellectual fraud
Steven HailMinsky on secure employment
Guaranteed employment for all
EditorCorporations and mainstream media on “horrors” of higher wages
Plutocratic control of the political process guarantees inequality
Dean BakerWhat is a good economy?
Targeting full employment
Warren Mosler
New coal power cannot compete with solar and wind
The writing is on the wall for new coal
Mark DiesendorfNew coal doesn’t stack up
New power generation in Australia is mainly solar and wind
Matthew Stocks and Andrew BlakersThe renewable energy train is unstoppable
The NEG needs to get on board
Ken BaldwinDoes economic growth make us happier?
There is no correlation between economic growth and happiness in the long run
EditorFixing corporate governance – more than rearranging deckchairs
Reforming corporate structures
Andrew Linden and Warren StaplesThe loanable funds fallacy
Banks are not barter institutions that transfer preexisting loanable funds
Lars SyllCEO pay is not about value for money
Their remuneration is more about white male entitlement
Carl Rhodes and Peter FlemingKeynes – getting money into perspective
Keynes Book QuoteRBA evidence that you’ve been played for a sucker
The numbers in the Government’s accounts aren’t money
Damian PenstonBook extract, from Managing Without Growth:
Slower by Design, Not Disaster, by Peter Victor, publ by Edward Elgar
Part One EditorOnly speculators will profit from an Australian economic crash
The RBA thinks high stock prices are more important than unemployment
Steve KeenHow favours bleed the nation
Editor
Volume 10 No.4 - July/August 2018
Contents
The irresponsibility of (so-called) fiscal responsibilityFederal spending didn’t wreck the economy; deregulation and greed did
Dean BakerBusting the NAIRU myth
Wages and employment can increase at the expense of corporate profits without causing inflation
Lars SyllStark contrast between U.S and French inequality
EditorHow are you going to pay for it?
EditorFederal Treasury recognises the ‘benefits’ of breaking up banks
EditorAchieving genuine progress in Australia
Robert Costanza, Philip Lawn, Ian Lowe, Peter MartFunding infrastructure
Why China is running circles around America
Ellen BroThe Italian economic crisis
Why the euro must be abandoned
Lars SyllAustralia’s ‘electric car revolution’ won’t happen automatically
Graciela Metternicht, Gail BroadbentGlobal investment in renewable energy is outshining fossil fuels
EditorKate Raworth on economics for the 21st century
EditorCommentary on Doughnut Economics by Oxfam International
EditorBudget : another unfortunate budget
Steven Hail
Volume 10 No.3 - May/June 2018
Contents
A comfortable betrayalThe false debate of the economic mainstream narrative
J.D. AltBank of England: How money is created
EditorScience and the quest for truth
Objective truth is an important concept in any real science
Lars SyllThe Myth of the 2020/21 Surplus
A surplus budget within two years is not achievable
John KellyNeoliberal v Neoclassical economics
There are important differences between the two
Claire ConnellyTrump’s trade war, and ‘fair’ rather than ‘free’ trade
Trump is picking an unnecessary neoliberal “free trade” fight
Steven HailBank income and spending – Part 2
Discussion with Jamie Walton John HermannU.S. Economic trends, ten years after the crash
We have renewed instability and a likely new dramatic crash
David RuccioThe Bayer-Monsanto merger is bad news for the planet
Agribusiness giants will destroy the ecosystem for more profit
Ellen BrownRecent revelations from the banking royal commission
Heavy penalties are on the table for bank misbehaviour
Editor
