Macroeconomics is the study of the economy as a whole: how national income, employment, inflation, investment, and financial stability are created and sustained. It asks
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New glossary entry: free markets
“Free markets” is the phrase used to describe markets supposedly operating without government interference. It is one of the most powerful and totally incorrect myths
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Snow stopped play
I am out birdwatching, although that may not be obvious from the amount of blogging going on. I am sitting in the window of the
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Finding your way around the blog
A question came up this morning in the comments about how to find the ‘economic questions’ series on this blog. It occurred to me that
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New glossary entry: pleonexia
Regular commentator, PSR, used the term pleonexia in a comment here this morning. This reminded me that it required a glossary entry. This is it:
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Rubio’s message: join us in fascism, or else
I think this is the best summary of what happened at the G7 security summit this week. It comes from Politico in the USA: Pentagon
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New glossary entry: economics
I realised yesterday that I do not have a glossary entry for economics, which seems to be something of an oversight. I offer this for
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Social security is not welfare
I have long thought that one of the quietest acts of political vandalism in modern Britain was the change of language that sought to turn
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Starmer: the real extremist
This was posted on X by Steven Swinford of The Times on Friday night: The comment noted, and the proposed speech by Keir Starmer, are
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