Category Archives: Macro Economics

Funding government – tax, borrowing, or printing.

If you’ve been following along you’ll know that I’ve justified (for myself) the intervention by the government into the affairs of the economy. Any such intervention will have a cost. The question for today is: how will these costs be … Continue reading

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Managing an economy

I wrote in a previous post that any functioning democracy must run the economy with a blend of the two extremes of socialism and capitalism – that ownership of property must, in some way, be shared between the individual citizen … Continue reading

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Socialism or Capitalism

Once you assume a nation with a democratic form of government, the broadest brush used for describing the style of economic management seems to be a choice between Socialism and Capitalism. This is a false choice. Socialism and Capitalism are … Continue reading

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The goals for the economy

If I’m to explore ideas concerning macro economics, I need to have a clear understanding of the goal – what is the economic system trying to achieve? Any such goal must be subjective – it can only be “my” goal. … Continue reading

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The Value of Money

I have a new topics to write about – macro-economics. My interest is partly due to the enormous economic upheaval caused by COVID-19, but is more specifically due to reading Stephanie Kelton’s “The Deficit Myth” which outlines MMT – Modern … Continue reading

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