Author Archives: pilkingtonphil

About pilkingtonphil

Philip Pilkington is a macroeconomist and investment professional. Writing about all things macro and investment. Views my own.You can follow him on Twitter at @philippilk.

Scotland: After the Election and Moving Into the Future

I have some writing to do today, so I’m not doing a post. Yesterday, however, I published a piece on Al Jazeera America about the future of Scotland after the election. It might be worth a read. Scotland’s future is … Continue reading

Posted in Economic Policy | 2 Comments

On ‘Coherence’ in Asset Markets: Everything is Going According to Plan

The author of the Philosophical Economics blog has a post up that caught my attention on the supply and demand dynamics of asset markets. It caught my attention because it looked, at first, very similar to my own dissertation that … Continue reading

Posted in Economic Theory, Media/Journalism, Psychology, Toward a General Theory of Pricing | 16 Comments

Is Economics a Science? Dogmatic Economics Vs. Reflective Economics

The question asked in the title of this post is actually somewhat of a trick. It is a trick because it all depends upon how you define ‘science’. Often when people say that economics is a science what they are … Continue reading

Posted in Economic Theory, Philosophy, Psychology | 42 Comments

GLS Shackle and the Link Between Theology and Marginalist Economics

Yesterday I came across an interesting and unusual paper by Bruce Littleboy entitled ‘Religious Undercurrents in the Writings of GLS Shackle‘. As readers of this blog will probably be aware Shackle is one of my favourite economists. I had never, … Continue reading

Posted in Economic Theory, Philosophy | 2 Comments

World Recession in 2015

Quite busy today. But a piece that I wrote for Al Jazeera on the prospect of a world recession in 2015 went up yesterday. It might be of interest to some readers. As the piece makes clear we cannot be … Continue reading

Posted in Media/Journalism | 5 Comments

The Scottish Currency Question: A Solution

This week the Scots will vote on independence and the ghost of Bonnie Prince Charlie will ride once more… oh no! I’m not going there! Living in London and being from a country that declared independence from the crown last … Continue reading

Posted in Economic Policy | 23 Comments

Krugman at the Rethinking Economics Conference: Still Wrong on Monetary Theory

The Rethinking Economics conference in New York took place over the weekend. Anyway, Paul Krugman was on a panel with James Galbraith and Willem Buiter. The panel was interesting in and of itself. But what really caught my eye was … Continue reading

Posted in Economic Theory | 58 Comments

On Gold Buggery

My piece on gold bugs, their culture and their silliness is now online at The New Internationalist website for all you lousy folks that didn’t bother picking up a copy. It was one of the most fun pieces I ever … Continue reading

Posted in Economic History, Economic Policy, Market Analysis, Media/Journalism | 10 Comments

Academic Sophistry: Dart-Throwing Monkeys and the EMH

The other day I did a post on the Efficient Markets Hypothesis (EMH) that generated some discussion. I want to deal with a few of the issues raised in a some upcoming blogposts. One issue of interest was that many … Continue reading

Posted in Economic Theory, Market Analysis, Statistics and Probability | 24 Comments

Media Etc.

Too backed up to do a new post today. But a piece of mine went up on Al Jazeera yesterday that deals with the OECD’s very ambitious report from a few weeks ago. Readers might find that of interest. The … Continue reading

Posted in Economic Policy, Media/Journalism | 3 Comments