FET (old posts)

Advocates of the “zoning can fix housing bubbles” point of view seem to have two main examples in mind. Houston, Texas, and  Japan  as a wh...

The article quoted below , by editors of The Australian, was shared on Facebook, to which I responded rather pointedly: It's an absolu...

The below excerpt is from an interview with RBA Governor Glenn Stevens on 15th August 2016, on the topic of foreign capital. It made the fro...

In  his latest  article, Noah Smith repeats a claim that has long bothered me: that mainstream economic models are “stock-flow consistent”. ...

A quick update on two interviews from the past week. First, is an hour long chat with Frank Conway who hosts the Economic Rockstar podcast...

Giving gifts is often seen as a selfless act, but this is only one side of the story. The act of giving generates implicit obligations, whet...

Background More than anyone, Steve Keen has raised awareness of the role of banking and money creation in driving economic cycles. Not ...

I didn’t predict this outcome. Few did. I thought it was too soon. But I wasn’t naive about the politics of the situation. One of my main co...

The Robinson Crusoe economy is widely used as a teaching aid in economics to explain concepts such as comparative advantage and equilib...

The below presentation by Dr Ole Peters opened my mind. If there was one thing I believed was a reasonable implicit assumption of economics,...