Posts Tagged ‘ Economics ’

The Case for Unlicensed Spectrum – Milgrom et al

Video: Tim Evans’ Inflation Talk

Libertarian Home's inaugral "talk night" with speaker Tim Evans on the topic of Inflation - it's origins and consequences.
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Green QE — Is This the Worst Idea Ever?

I thought the Austerity Curve was mental. But the Green Party’s Green QE idea is beyond mental — it’s batsh*t crazy… They genuinely seem to believe you can create money out of thin air… Green MP Caroline Lucas (Brighton Pavilion), who has welcomed the report, said: “It is understandably difficult for people to get...
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The Austerity Curve…

Even for the Left this is moronic… Might it then be the case that something like a Laffer Curve exists for austerity? That is to say that cutting government spending up to a certain point leads to lower deficits but beyond a certain point, the impact of lower growth and higher unemployment means that...
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Guido on ownership

Guido had a good post the other day commenting on how one of the main causes of the recent crisis was the change of ownership structure of the banks. For the majority of their history investment banks were partnerships with unlimited liability, compared to now when they are public listed, limited liability companies. As he puts it, flotation: transferred...
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Discussion Point: Hong Kong is not a productive place

At the Occupy London Stock Exchange protest we got a brief opportunity to rehearse libertarian arguments on economics with people who activly disagreed with us. We made some progress in a few cases, and in others we met entrenched resistence, of most interest though are the arguments that didn’t work because we were out-debated...
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Is this where we’re heading?

I bought this on ebay last week: Yes you read that right, a 50 Trillion Zimbabwe dollar bill, issued in 2008. How much was this worth you ask? It cost me £1.70 (plus postage). Even Mugabe and co have finally realised that this is ridiculous, and abandoned the currency in 2009- since when US,...
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