By Mike Goodman
There has been much reaction both in the mainstream and on social media recently about alarming increases in levels of violent crime and especially about the number of murders in London, reportedly 50 so far this year as at 8th April.
There has been wave upon wave of predictable reaction. The Home Secretary told us first that falling police numbers could not be to blame Continue reading “Police, the Law and Community Order”
by Diego Ramiro Lattes
The current political-economic situation in Brazil is very tense. I aim to be impartial to the best of my ability. However, objective data on the subject is hard to obtain, not only due to manipulation by all factions involved in the present crisis – but also due to how veiled Brazilian politics tend to be. Continue reading “Brazil – Beneath the Mist of Corrupt Politics”
The first article in what will be a lengthy series examining the creation, formulation, expansion and wide acceptance of the Neoliberal doctrine of political philosophy. The series will go on to analyse how it has informed political and economic activity since its take up by the Reagan and Thatcher administrations in the USA and UK respectively.
by Mike Goodman
The term neoliberalism is being bandied around on social media and people are labelled with the handle neoliberal as though the words were synonymous with rock and roll teenagers’ slang in the early 1960s. Does anybody (apart from me) remember “77 Sunset Strip” and the “hip” language of its somewhat larger than life hero? Continue reading “Neoliberalism 1: What Is It? Where Did It Come From? A Force For Good Or For Evil?”
The Case against Ricardian Equivalence
by Joe Blackwell
Today the use of fiscal policy (expanding government spending or reducing taxes) to stimulate GDP growth in times of recession has become one of the most controversial policy areas of modern macroeconomics. For those who favour free market based solutions, commonly known as neoliberals, interventionist fiscal policy is inherently wasteful and distorts the processes of the market system. On the other side of the debate are the various groups of Keynesians who see fiscal policy as a crucial stabilisation tool to prevent the economy entering a deep and prolonged recession. Continue reading “Does Stimulus Spending Work?”
A case of wasted potential, rent-seeking, and corruption
by Diego Ramiro Lattes
I sometimes wonder about the Soviet Union, what if history had been different? A myriad of scenarios come to my mind, but no easy answers. To venture into a realm of honest possibilities – plausible courses of action – requires a more thorough look at history than random newspaper articles allow. Continue reading “The USSR: When Dogma Stifles Innovation”