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Tag: productivity

Political Economy

Economic Foundations

Posted on June 26, 2020February 10, 2021 by admin

The foundational facts about economic life that should be the starting point for a process of learning how to create an economy that provides enough for everyone. A summary of the entire blog.

Distribution

Evidence For “Demand Side” Economics

Posted on May 11, 2019March 15, 2020 by admin

Summary of paper by Nicholas Oulton on the UK “productivity puzzle” – aggregate demand and income distribution matter.

Distribution

Distributing The Fruits Of Productivity

Posted on April 15, 2019March 15, 2020 by admin

How we ensure that the benefits of increased productivity are distributed throughout society – not just distribution of income, but distribution of the capacity to produce.

Distribution

The Driverless Revolution

Posted on April 5, 2019March 15, 2020 by admin

A practical example of last week’s arguments – the potential economic and political impact of driverless cars.

Distribution

Automation, Leisure And Unemployment

Posted on March 29, 2019March 15, 2020 by admin

A summary of a recent paper by Adair Turner on the impact of automation on unemployment and the economy in general, and the implications for social cohesion.

Distribution

Mainstream Economics Lets Us All Starve

Posted on February 8, 2019March 15, 2020 by admin

A demonstration that mainstream, free market economics actually has no coherent answer to what happens to surplus labour as productivity rises.

Distribution

The Economics Of The Miners’ Strike

Posted on February 1, 2019March 15, 2020 by admin

A real example of what happens when you allow an industry to decline in the name of productivity – South Wales coal-mining.

Distribution

Productivity And Unemployment

Posted on January 26, 2019March 15, 2020 by admin

Does rising productivity cause unemployment? (Sometimes yes.)

Distribution

Distributing Our Productivity

Posted on January 19, 2019March 15, 2020 by admin

How do we distribute what we can produce? And does the distribution of wealth itself impact productivity?

Financial Markets

The Future Of Economics

Posted on January 11, 2019March 13, 2020 by admin

A summary of a brilliant new paper from the IIPP on the need for credit guidance policies, confirming one of the conclusions of the blog 2 weeks ago.

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