According to economic orthodoxy, higher interest rates reduce inflation. In this post, I hold your monetary faith to the fire. Can it survive?

Low energy growth tends to come with high inflation — what economists call ‘stagflation’. But what causes what? I have a look here.

I use World Bank data to test Nitzan and Bichler’s ‘stagflation thesis’ — the idea that inflation in the midst of economic stagnation is the norm.

Here are my most popular posts of 2022. Thanks for reading!

Here’s an update to my post ‘The Truth About Inflation’. As expected, inflation is still differential. And no, it’s not caused by government spending.

I use a model of hierarchy to explore how income has been redistributed within US firms.

A how-to guide for academics who want to have their name on lots of papers.

Want to kill the oil industry? Just enforce its obligation to cleanup old wells.

I’ve spent a lot of time on this blog debunking economists’ claims about productivity. Usually, I come at the problem from a fairly technical angle, meaning I break down the contradictions involved in economists’ methods. Today, I want to try a more philosophical approach. I’m going to talk about dualism — the idea that something can be two things at once.

I’ve started a new section of this blog where I’ll share tips for doing data-driven science.