Blog Archive

Check out all blog posts in my blog archive. Click on a headline to read the teaser.

How private sector spending behaviours drive the economy and government budget › A simple model of boom and bust
A self-limiting private sector and a stabilizing economy › A model economy with government money and private wealth target
A simple but rigorous accounting of economic flows and sectoral balances through time › A simple economy with government money
Do we have the right to exert our economic power unchecked? › Is taxation theft?
Some additional considerations for modelling building › Modelling the fiscal multiplier
How private sector saving affects the fiscal multiplier and the government's budget › Government money and saving
Government spending, taxation and the fiscal multiplier › The circular flow of government money
What does the modeller control and what does the model control? › Exogenous and endogenous variables
Why saving isn't always a virtue › The Paradox of Thrift
The simplest economic model conceivable › Spending, income and the circular flow of money
Can and should the Bank of England be used to fund infrastructure and other socially-oriented projects? › People's Quantitative Easing
Some maths and code to understand how growth and deficits affect government debt. › What is a sustainable government deficit?
Taxing does not funding government spending. So what is it for? › The best kept secret in politics
Are government's books ever balanced over the long term? And should they be? › The Deficit Puzzle