King's Economics

@KCSEconomics

News, thoughts & ideas from the Department of Economics at King's College School, Wimbledon. Nobody ever excels at anything without lots of practice & humility

Vrijeme pridruživanja: travanj 2014.

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  1. proslijedio/la je Tweet
    4. velj

    Poverty in 21st Century Britain is now overwhelmingly about working poverty. Does that mean work is no longer part of the answer to pov?erty

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  2. 3. velj

    As we prepare for more pluralist student-led lectures

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  3. proslijedio/la je Tweet
    30. sij

    This how "Advanced Macroeconomics" (Romer) illustrates mainstream economic "research" about the effects of climate change on economic growth. Nordhaus has been informing US climate policy for years. For how long do we have to keep up with this utter nonsense?

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  4. proslijedio/la je Tweet
    27. sij

    "Ramabaruth-Hurt and Masala are both from the global student movement, Rethinking Economics, which is critiquing classical and neo-classical (never mind neo-liberal), economic orthodoxies." Nice one !

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  5. proslijedio/la je Tweet
    28. sij

    (It's the King of Sweden btw)

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  6. proslijedio/la je Tweet
    28. sij

    Big news: I'm very happy indeed to announce that has been appointed as our Deputy Chief Executive and Chief Economist. As a leading expert on issues ranging from inequality to Universal Credit he'll fit right in - welcome and congrats Mike

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  7. proslijedio/la je Tweet
    28. sij

    How many times can you to retweet something that promotes your own work? But Adam’s review is so good: He summarizes the core ideas of the books, puts them into context and offers some well-taken critique. So if you have not read yet, please do!

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  8. proslijedio/la je Tweet
    28. sij

    Is economics education changing?... Today at the University of Manchester, the 1st macroeconomics lecture for 1st year students included this - kudos to the prof. But is this a passing moment for 'heterodox' thinking, or the start of a new paradigm?

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  9. proslijedio/la je Tweet

    Another comparison of the wealth of those with and without student debt. This shows HH wealth as a function of age, controlling for educational attainment. Those with student debt are worse off.

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  10. proslijedio/la je Tweet

    The UK underinvests A good explanation for their stagnation right there

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  11. 23. sij
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  12. 23. sij

    Our laws create markets. Laissez faire didn’t work so well with finance. Letter: Google needs a new relationship with our data

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  13. 23. sij

    Letter: Shoppers may know more about inflation after all

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  14. proslijedio/la je Tweet
    17. sij
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  15. proslijedio/la je Tweet
    16. sij

    Agree completely with this observation by : "Bad economics drives bad politics, leading to worse economics and worse politics." Please note he is talking from personal experience having personally benefitted from having pushed terrible economics for decades.

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  16. proslijedio/la je Tweet
    18. sij

    How banking really works & money creation. Worth watching this

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  17. proslijedio/la je Tweet
    18. sij

    I don't have population growth data for the year, but it seems that household income grew more slowly than GDP in 2019, which means that China's economy can only rebalance toward consumption with rising household debt.

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  18. proslijedio/la je Tweet
    17. sij

    Many heterodox economists regard the 'productivity-pay gap' as a sacred cow. It claims that productivity has increased but wages have not. I call bullshit. The productivity-pay gap is flawed for a simple reason. It has nothing to do with productivity.

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  19. proslijedio/la je Tweet
    16. sij

    Good to see the home ownership myth being challenged front and centre. But no mention at all of liberalisation of mortgage credit and financialisation of housing that has resulted - remains the elephant in the room.

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  20. proslijedio/la je Tweet

    I’m not ‘anti-market’; I’m pro-making them work better.

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