Here’s a nice short and easy to read article from Tom Streithorst on the economics of supply and demand that highlights the stupidity of austerity in the midst of a recession. It begins with a little homily on the inevitability of a universal basic income, which is always good to see.

The notion of creating new money and giving it in equal share to the citizens of the UK may sound ridiculous, but this article by Mehdi Hasan in The Huffington Post explains that the idea isn’t as radical as it sounds. For an economy to thrive money must be available and mobile so creating and…

Russell Brand And The Tooting Popular Front

Over the last couple of days my Facebook page has been plastered with posts and comments about┬áRussell Brand’s interview with Jeremy Paxman, which has left me a bit perplexed because there was nothing remotely illuminating in Russell’s rant. His frustration with our dysfunctional political and economic systems is genuine and understandable but if he had…

Here’s some good news: economics students demanding that they get taught stuff about the real world instead of the nonsense that’s been gospel for the last 40 years.

Those of you who suspect that our politicians (Salmond, Swinney, Cameron, Osborne, Miliband, Balls, etc.) are clueless when it comes to sorting out our economy please watch Ben Dyson explaining how our money system actually works. Then you’ll understand why no-one from left, right, centre, or independent Scotland will be able to save us from…