Tag Archives: statistics
Sep 1, 2019Posted by on
In 2013 I came across The New Economics Foundation (nef) publication guide to the UK monetary and banking system with the title ‘Where Does Money Come From?’ contending that there is widespread misunderstanding of how new money is created. The original can be read here, implying that the only widespread understanding of ‘money’ lying in its purchasing power seems a reasonable conclusion and may compliment the monetarist viewpoint. Read more of this post
Oct 6, 2018Posted by on
This week on Facebook: In ‘The Coming Dark Ages?’ I criticised all the articles for failing to point out that (in my view) the prevalence of an economic global hegemony by Western Philosophy relied on a reserve currency in a fiat money world. Money at the centre of globalisation, whether it is trade or war that is the dominant driving force for global economic growth. I was especially critical of the article America enters the dark ages concluding that in my opinion money, war and a rising nationalism, are the most likely harbingers in any coming of a new dark age.
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Mar 25, 2018Posted by on
Google provide a programme called the Ngram Viewer, which enables the tracing of words or phrases as they have been used in books over the centuries. At a recent regular meeting with an ex-colleague of mine, we discussed wealth, prosperity and happiness, in the context of growth and inequality. The problem withe Ngram is the context in which the words are being used, by whom, when and for what purpose. Read more of this post