“The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.” Joan Robinson
This blog is about how the economy in our society and our world works.
My aim is to write this in a way that anyone would understand and that even my wife will find interesting.
- Why are so many people in my country (the UK) struggling to find decent work, at decent pay, with decent conditions?
- Why are so many public services on the point of collapse through lack of funding?
- And this all coming from a financial crash nearly 10 years ago – why has the economy still not recovered?
- And yet, we’re the rich ones! Why are we so rich and the rest of the world so poor?
Each week I’m going to post a short entry (about 500 words), building up into a picture that will enable anyone to answer these questions.
It won’t be (too) difficult. It won’t be (overly) complicated. And it will be interesting. That’s the challenge I’m setting myself, anyway.
Well, the text above is what I wrote when I started the blog in February 2017. The reality has turned out a bit different. There’s now 97 posts, grouped in sections accessed from the menu bar above. The Overview gives a brief introduction into what each section is about, and then there’s a lengthy description of each section, with links to individual posts. It’s one way to find out what’s here and jump straight to posts that interest you.
Alternatively, the final section, “Political Economy”, is probably the most accessible. Start reading here and use the blue arrow on the right to move to the next post.