21 Oct 2021 Leave a comment
in liberalism, libertarianism, Marxist economics Tags: free speech, political correctness, regressive left
Entrepreneurship
21 Oct 2021 Leave a comment
in applied price theory, defence economics, economic history, entrepreneurship, industrial organisation, Music, survivor principle Tags: entrepreneurial alertness
No more investment in rail
21 Oct 2021 Leave a comment
in applied price theory, transport economics, urban economics
Cities at a Crossroads | Ed Glaeser
21 Oct 2021 Leave a comment
in applied price theory, applied welfare economics, development economics, economic history, economics of bureaucracy, energy economics, environmental economics, history of economic thought, human capital, industrial organisation, labour economics, labour supply, law and economics, occupational choice, poverty and inequality, property rights, Public Choice, public economics, rentseeking, transport economics, urban economics
Prorogation Tide: Elizabeth I and the Parliament of 1572-81
21 Oct 2021 Leave a comment
In the sixteenth century, parliaments were not only summoned but also prorogued at the behest of the monarch. In this blog, Dr Andrew Thrush, editor of our Lords 1558-1603 project, discusses an exceptionally large but often overlooked number of prorogations that took place during the mid-Elizabethan period…
Before the Long Parliament of 1640-53, the Parliament of 1572-81 bore the distinction of being the longest in English history. It was even longer than one might suppose, as it was not formally dissolved until 1583. Unlike the Long Parliament, this assembly, the fourth of Elizabeth’s reign, did not sit continuously, but sat over three short sessions, in 1572, 1576 and 1581. These lasted just over seventeen weeks in total, meaning that the intervals before and after each session were considerably longer than the individual sessions themselves.
© National Portrait Gallery
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The Money Illusion
21 Oct 2021 Leave a comment
Or to give the book its full title, The Money Illusion: Market Monetarism, the Great Recession and the Future of Monetary Policy.
I was engrossed in the 2008/09 recession – and the associated financial crises – at the time it happened, as an official at the New Zealand Treasury, and it must have been very early in the piece that I started reading Professor Scott Sumner’s then new blog, also The Money Illusion. I’m not a regular reader now, but found much of what Sumner had to say about the conduct of monetary policy – mostly in the US – stimulating and thought-provoking, even (perhaps especially) when I didn’t end up agreeing. So I was keen buyer when his 400 page book appeared.
It is an interesting mixture of a book – partly textbook, partly personal intellectual autobiography, and partly a tract championing a different approach to policy…
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20 Oct 2021 Leave a comment
in defence economics, Marxist economics Tags: Churchill, free speech, political correctness, World War II
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