Category Archives: Economic Policy

The International Labour Organisation… Almost Correct

Posted on October 2, 2014 by pilkingtonphil

I have an article up on Al Jazeera this week. It may be the last journalistic article I write for some time as I start a new job next week. But this one deserves some brief discussion because the material … Continue reading →

Posted in Economic Policy, Economic Theory | 15 Comments

The Economic Consequences of the Overthrow of the Natural Rate of Interest

Posted on October 1, 2014 by pilkingtonphil

For quite a few months I have, on this blog, been alluding to a paper that I had written which showed that the natural rate of interest is implicitly dependent on the EMH in its strong-form in order to be … Continue reading →

Posted in Economic Policy, Economic Theory | 24 Comments

Scotland: After the Election and Moving Into the Future

Posted on September 24, 2014 by pilkingtonphil

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

The Scottish Currency Question: A Solution

Posted on September 16, 2014 by pilkingtonphil

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

On Gold Buggery

Posted on September 11, 2014 by pilkingtonphil

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

Media Etc.

Posted on September 10, 2014 by pilkingtonphil

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

Taxation, Government Spending, the National Debt and MMT

Posted on August 18, 2014 by pilkingtonphil

The other day my friend Rohan Grey — a lawyer and one of the key organisers behind the excellent Modern Money Network (bringing Post-Keynesian economics to Columbia Law School, yes please!) — directed me to an absolutely fascinating piece of writing. … Continue reading →

Posted in Economic Policy, Economic Theory | 23 Comments

How to Approach the Problem of Inflation in Economics

Posted on July 31, 2014 by pilkingtonphil

In my previous post I laid out why the Phillips Curve theory of inflation is wrong and why it was misguided to try to rebuild it. The key point I made in that regard was that inflation is a complex, … Continue reading →

Posted in Economic Policy, Economic Theory | 5 Comments

Housing Bubble Redux

Posted on June 24, 2014 by pilkingtonphil

A piece I did for Al Jazeera on the IMF warnings of a potential global housing bubble. Here we go again. Will real estate bubbles again sink the global economy?

Posted in Economic Policy, Market Analysis, Media/Journalism | 4 Comments

The Eurozone: An Awful Mess

Posted on June 19, 2014 by pilkingtonphil

I have an article that went up on Al Jazeera yesterday. It’s on the future of the Eurozone and its got some good responses so far. Readers might be interested. The European single currency system spirals further out of control

Posted in Economic History, Economic Policy | 6 Comments