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Articles from John Quiggin

Monday Message Board

August 24, 2020 - 06:38 -- Admin

Back again with another Monday Message Board.

Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link

So last millennium (repost from 2004, linking article from 1995)

August 19, 2020 - 14:09 -- Admin

I’m busy working on my book on the Economic Consequences of the Pandemic, and thinking about implications for the information economy. In the process, I dug up a blog post from 2004, which reproduces an article I wrote in 1995 (I can’t remember if I managed to get it published). An interesting aside is a reference to Camille Paglia, a big name back then, who did the whole Jordan Peterson thing earlier and better, though I’m obviously not a fan of either.

Monday Message Board

August 17, 2020 - 11:58 -- Admin

Back again with another Monday Message Board.

Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link

r < 0

August 15, 2020 - 14:27 -- Admin

A few thoughts on the fact that r < 0, where r is the real rate of interest on long-term (< 30 years) debt for developed country governments

Monday Message Board

August 10, 2020 - 20:23 -- Admin

Back again with another Monday Message Board.

Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link

Intangibles = Monopoly

August 3, 2020 - 11:20 -- Admin

In a recent post, I pointed out that long-term (30 year) real interest rates on safe (AAA) bonds had fallen to zero, and suggested that this meant the end of capitalism, at least in the sense that the term was understood in classical economics. On the other hand, stock markets have been doing very well. So what is going on?

Monday Message Board

August 3, 2020 - 10:23 -- Admin

Back again with another Monday Message Board.

Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please. If you would like to receive my (hopefully) regular email news, please sign up using the following link

Why a Job Guarantee will require higher taxation

July 31, 2020 - 14:53 -- Admin

Ever since I wrote Work for All with John Langmore back in 1994, I’ve been pushing the idea that a path to full employment requires an expansion of publicly provided services. For about the same length of time, Bill Mitchell has been putting forward similar (but not identical) proposals. At some point in this process, Bill became one of the advocates of what’s called Modern Monetary Theory, which makes the point that taxes don’t (directly) “fund” public expenditure.

Sandpit

July 30, 2020 - 11:39 -- Admin

A new sandpit for long side discussions, conspiracy theories, idees fixes and so on.

To be clear, the sandpit is for regular commenters to pursue points that distract from regular discussion, including conspiracy-theoretic takes on the issues at hand. It’s not meant as a forum for visiting conspiracy theorists, or trolls posing as such.

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