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Volume 9 No.6 November-December 2017
Contents
Keynes and the creation of a new economic narrative
Who could be creating such a narrative?
Editor
Big banks financing environmental disasters
Editor
A conversation about job guarantees
An email conversation with a Journalist
Steven Hail
Water, health and wealth
Summary of a Working Paper
Editor
Local government initiatives in Europe
Initiatives from Berlin and Amsterdam
Editor
The seven sins of economists
Sins of omission and commission
Editor
The ABS is wrong: inequality is getting worse in Australia
Wealth concentration growing for the 1%
Christopher Sheil and Frank Stilwell
Countries intending to phase out combustion-engine vehicles
Editor
Jobs, taxes and politics
Three ways electric vehicles will change our world
Hussein Dia
Economyths: the five stages of economic grief
Economists are slowly coming to terms with their role in the GFC
David Orrell
The Treasurer’s claim that wages growth requires profit growth
Productivity and wage increases are out of kilter
Editor
Rational expectations – the triumph of ideology over science
Editor
Monsanto’s violence in India: the sacred and the profane
The dictation of foreign capital on Indian development
Editor
Memo to mortgagors .. get your house in order
An economic tsunami is coming
John Kelly
Inequality and immiseration in the U.S.
The evidence
David Ruccio
Volume 9 No.4 July-August 2017
Contents
Government debt vs household debt: ‘good’ and ‘bad’ debt explained
To burden the young with more debt is the height of folly
Steven Hail
Be prepared for a cashless society
And the real reasons are hidden
Joshua Krause
If China can fund infrastructure with state credit money, so can we
Infrastructure spending can be funded with state created money
Ellen Brown
The human development revolution
The poor are the most efficient means to development
Asad Zaman
The philosophy behind economics
Many economists are using failed models
Aiden Bedford, Rui Sihombing
Chicago economics: a dangerous pseudo-scientific zombie
It relies on the poor having to pay for the mistakes of the rich
Lars Syll
Scary numbers
U.S. poverty and wealth inequality are increasing.
David Ruccio
To make America great again, write off the private debt
President Trump should ignore the insider economists
Steve Keen
The vital importance of restoring the Glass-Steagall Act
Growing inequality is one consequence of its repeal in 1999
Editor
Macron’s false claim that laying off workers will boost the economy
The simple fact is that austerity destroys demand
Dean Baker
Will addressing climate change devastate the economy?
Clean energy technology will be cheaper and employ more people
Editor
Economics is a form of brain damage
Unlearning the economics textbooks is slow and painful
Asad Zaman
The myth of the balanced budget
Total spending should generally exceed taxation receipts
John Kelly
Volume 9 No.3 May-June 2017
Contents
The IMF is showing some hypocrisy on inequality
The IMF has created the inequality it claims to be tackling
Christopher Sheil and Frank Stilwell
Cutting wages is not the solution
Lower wages and lower unemployment compensation make a recipe for catastrophe
Lars Syll
The decoupling delusion
Rethinking growth and sustainability
J Ward, K Chiveralls, L Fioramonti, P Sutton, and R Costanza
Creation and destruction of bank credit money
The ways in which this intangible form of money are created and destroyed
John Hermann
How land disappeared from economic theory
Evonomics article
Editor
To be a good economist, one cannot only be an economist
There is a lack of pluralism in the teaching of economics
Lars Syll
The super stupid way to get your own piece of over-priced housing
Using superannuation to buy property is a really bad idea
Claire Connelly
More on Australia’s housing market bubble
The evidence for, and the dangers presented by, Australia’s real estate bubble
Editor
Government mismanagement and Australia’s debt time bomb
Can the fuse be extinguished before the debt time bomb explodes?
Steven Hail
ASIC chairman talks about risk of mortgage crash
APRA demands more bank capital
Editor
Mainstream understanding of inflation may be all wrong
The amount of money a central bank creates may be less important to inflation than commodity prices
Editor
Trumponomist
The head of Donald Trump’s Council of Economic Advisers is a wealth inequality denier
David Ruccio
Time for new economic thinking
Using the best science available
Eric Beinhocker
Volume 9 No.2 March-April 2017
Contents
Articles in this issue explain the reality, as opposed to the myths, behind the operation of our financial system. Important discussions also embrace renewable energy issues and the need for Glass-Steagall type legislation.
Reserve bank decision time: good luck Australia!Steven Hail
Federal Treasury finances: a functional perspective
John Hermann
Enclosure day?
Colin Cook
Keating and the consequences of austerity
Rob Holmes
Solar energy investment is booming
Madia Prupis
Issues with renewable energy accounting
Editor
Why Glass-Steagall matters
Editor
Explainer: what is modern monetary theory?
Steven Hail
Social and economic problems requiring reform
Editor
Make GDP great again
David Ruccio
