16 Nov 2023
by Jim Rose
in defence economics, development economics, economic history, growth disasters, history of economic thought, law and economics, macroeconomics, monetary economics, property rights
Tags: monetary policy, Somalia
The rebel-controlled Yemeni rial is made up entirely of a fixed supply of notes printed prior to 2016. In the chart below you can see it appreciating in value (the blue line) against the dollar, issued by the world’s most powerful state. pic.twitter.com/vioXHmz2wQ — John Paul Koning (@jp_koning) November 15, 2023
Quantity theory of money, or fiscal theory of the price level?
15 Nov 2023
by Jim Rose
in defence economics, economics of crime, International law, law and economics, laws of war, liberalism, Marxist economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice, war and peace
I’m frankly astonished at the scale, frequency and anger of protests held in solidarity for Palestinians in Gaza, which variously call for a ceasefire, call for “freedom” for Palestine and which variously accuse Israel of atrocities, using the language and statistics issued by the Gazan totalitarian theocrats. It is driven by a coalition of communists,…
Some questions for those protesting for Palestine
15 Nov 2023
by Jim Rose
in applied price theory, budget deficits, business cycles, economic growth, economic history, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, inflation targeting, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment
Tags: monetary policy
15 Nov 2023
by Jim Rose
in applied price theory, budget deficits, business cycles, econometerics, economic history, financial economics, fiscal policy, great depression, great recession, history of economic thought, inflation targeting, macroeconomics, monetarism, monetary economics
Tags: monetary policy
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