Economics lectures introducing first year undergraduates to the subject:
- The blurred interface between politics and economics
- Points of interest in market theory
- The supply side of the market and the importance of diagrams
- Market failure and market imperfections
- National statistics: useful or useless?
- Simple models to explain why economists support more or less economic intervention
- Inflation is a real problem and economic growth is a real solution
- Money, money supply, money creation, monetary demand and monetary policy
- Fiscal policy is great in theory and a failure in practice
- International economics, saving the best `til last
Banking and finance lectures introducing first year undergraduates to the subject:
- The roots of money, banking and finance
- Common confusions and the need to use terms correctly
- Inside and outside banking: the money and income multipliers
- The most misunderstood and misused terms in business and banking: capital adequacy & liquidity
- Are financial markets efficient?
- Should retail banking be separated from other forms of banking?
- Derivatives: the good, the bad and the ugly
- The Bank of England: villain or saviour
- Central Banks, deflations and depressions
- Central Banks, inflation, hyperinflation and depressions
Miscellaneous lectures with some controversy
- Does the economy need politicians and politics?
- Creating a more efficient tax and welfare system using Reverse Income Tax
- What the Chancellor of the Exchequer will do in the forthcoming budget and what won`t, but should be done
- Not only is Modern Monetary Theory (MMT) wrong, but it is dangerously wrong
- The wonders of free market capitalism
- Can economists explain/predict the forex rate of a currency
- Is crypto` the new gold standard?
- The Keynesian /monetarist debate
- Cause and cure of inflation
Chats with influential people around the world
- Paul Fisher, ex Bank of England and MPC and I discuss:
- Inflation
- Quantitative Easing
- Interest rate setting by Central Banks
- Fiscal Policy
- Economic Growth
- Paul and I answer questions from previous chats
- Carmelo Ferlito CEO of the Center for Market Education, Malaysia
- RTDtv Detroit “Live with Mike”
- Daniel Lacalle Chief Economist at Tressi
- Crypto currencies with Rian McKay in Australia
- “Drive time” on the Voice of Islam Radio
- 19/5/23 https://voiceofislam.co.uk/drive-time/
Blog articles in descending order back to 2015
- Stagflation and why government makes things worse
- Pandemic 2020: Look Back in Anger
- What a disaster negative rates of interest would be for the economy
- Deflation: that sinking feeling
- Why we need economists on expert committees
- Central Banks and their role in the 2008 Global Financial Crisis and the 2020 Global Economic Crisis
- Imagine that there was a Reverse Income Tax
- MMT mistake 1: Cause of inflation and hyperinflation
- MMT mistake 2: The quantity and role of money
- MMT mistake 3: The rate of interest
- MMT mistake 4: The Job Guarantee
- Free market capitalism: it`s their future
- Debt fuelled crises are always caused by governments never ever by private debt
- A critique of The Quantity Theory of Credit
- Quantity theory of money for Keynesians
- Brexit and beyond
- Brexit: the hard facts, soft facts and myths
- Brexit: should we?
- Fluctuations in economic activity: only one cause
- The four fallacies of the coming economic apocalypse
- Current account deficit on the balance of payments: the most damning statistic
- The vital difference between capital adequacy and liquidity
- Money, Money Supply, Money Creation and Monetary Demand.
- Interventionist v less interventionist schools of economic thought
- Sad day when I have to say I told you so
- Great news from the FOMC but….
- The many meanings of liquidity
- The best way to complete monetary reform with maximum impact and minimum change
- Professor A W Phillips would turn in his grave if he knew how Keynesians had corrupted his curve
- Capitalism: is it worth fighting for?
- A reappraisal of interest rates and market interest rates
- The mystery of exchange rate determination solved
- China is only the trigger…
- Unwinding the euro
- Decades of mistakes: what the Bank of England got wrong in the 1920
s,
1970s
, 1980`s, 2000`s…..? - Government spending does not cause the economy to grow
- Which is the best measure of inflation and changes in the value of money?
- Accounting identities cannot be violated: the budget and the balance of payments
- Equality and inequality: a non-conforming economist`s view
- A balanced budget: goodbye fiscal policy
- Understanding monetarism
- Keynes was a monetarist
- Deflation: an abject failure of the Bank of England`s policy
- Understanding and misunderstanding QE
- An imaginary meeting of the Monetary Policy Committee
- The bubble will burst (just don`t ask me when?)
- Understanding monetary policy: a synthesis of the old and the new
- Are demand management policies the solution or a mass delusion?
- The cause of the Eurozone/EU/Worldwide continuing crisis
- Austerity or profligacy in government finances?
- A fiscal stimulus (written after the 2009 G20 meeting)
- What really happened in the seventies?
- Look for the ticking time bomb in the budget
- A mistaken estimate of what QE can do (letter to the FT 30/3/2015)