The wonderful world of free market drugs - Dean Baker I write about the possibility of producing drugs without patent monopolies frequently for several reasons. First, drugs can be essential for people’s health or even life. It should not be a struggle for people to pay for them. Second, there is a … [Read more...]
Germany will close all 84 of its coal-fired power plants
Germany will close all 84 of its coal-fired power plants - Will rely primarily on renewable energy An article by Erik Kirschbaum in the LA Times on 26 Jan 2019 [1] reported a German government commission statement that Germany, currently one of the world’s biggest consumers of coal, will shut down … [Read more...]
The search for an alternative to GDP to measure national progress
There is consensus among the New Zealand policymakers and researchers that GDP is not a good measure of a nation’s well-being. But the debate about what metric should replace GDP is ongoing. The recent well-being NZ budget was based on the Livings Standards Frame- work (LSF), which is a set of … [Read more...]
The Reserve Bank Governor is completely wrong
The Reserve Bank Governor is completely wrong about the federal government budget and it matters - Steven Hail Australian monetary policy effectiveness is on the decline. Steven Hail suggests policies that would get our economy back on track. This might seem to be a shocking thing to say, … [Read more...]
