This blog will highlight relevant items for the Library, Educational issues and also interesting and current Economic points.
Thursday, 24 May 2018
Provincial Tax comparision
From CBC a provincial tax comparison. It is focused on Alberta but does show some other provinces.
Wednesday, 23 May 2018
Run on the Argentinian Peso
Argentina is asking for a 30bn loan from the IMF after failing to halt a run on the peso. Interesting especially if looking at issues of a floating exchange rate and government intervention. Article from the Guardian.
US vs China Trade Wars - Why it might not be easy to win
Paul Krugman explains some of the ins and outs of the issues around a US trade war with China. Article from the New York Times.
Friday, 11 May 2018
Fiscal Policy & Monetary Policy in Europe
A good post by Simon Wren-Lewis about Fiscal Policy and Monetary Policy in Europe as of May 2018. Talks about the limitations of Monetary Policy and how Fiscal Policy should be used.
Monday, 7 May 2018
UK will probably postpone rate hike (update they did postpone it)
Opinion article in the Guardian about the planned rate hike by the Bank of England. Note the differences between the UK and Argentina which just raised interest rates. In the UK inflation has been too low.
It is not just Economics that have Zombie Ideas.
I believe that the term Zombie Idea was coined by Paul Krugman. It refers to an idea that while discredited keeps coming back. In Economics it is things like Austerity, Trickle Down Economics, or the idea that Tax Cuts will increase Tax Revenue (Laffer Curve)
In Education probably the best known Zombie Idea is that of Learning Styles. Here is an blog post from OldAndrew that makes the point yet again that there are NO Learning Styles.
In Education probably the best known Zombie Idea is that of Learning Styles. Here is an blog post from OldAndrew that makes the point yet again that there are NO Learning Styles.
Inflation and Interest Rates
Article from the Guardian about Argentina increasing Interest Rates to control Inflation. Monetary Policy but obviously Argentina is not targeting 2% inflation. It would be worthwhile looking at the background to Argentina's Fiscal and Monetary issues.
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