Posts Tagged ‘War’
By: Andrea Terzi
Have you ever considered full employment as a means to properly measure the cost of wars? Tolerating unemployment may indeed lead to pro-war sentiments. Fighting wars requires using resources to produce weapons, feed soldiers, provide transportation. Read the rest of this entry »
By: Andrea Terzi
If you think wars in Iraq and Afghanistan were a gigantic waste of money, chronic unemployment in peacetime may be even worse! War raises output and unemployment is not an efficient allocation of our resources. Read the rest of this entry »
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- Tags: Middle East, Unemployment, War
- Tobin Tax Monster
- The crisis and the blogosphere have opened mainstream economics up to new attack
- Not only in Germany: The ECB now wants export-driven growth for whole Europe!
- QE Euro-style: There is no alternative to the ECB writing the check
- Warren Mosler’s proposals for the 99%
- 12. Income statement and net income
- Solutions to the euro crisis
- Does this sound familiar?
- The speech by President Barack Obama we have been waiting for! (Ghost written by Warren Mosler)
- 2011 Mecpoc lecture
- Does the ECB understand sector financial balances?
- 11. Balance sheet and net worth
- Interview with Randy Wray, Regarding the Next Crisis (Part 2)
- 10. Accounting for debits and credits
- Congress: You Are the Scorekeepers for the U.S. Dollar, Not a Player!
- Who can really ‘print’ money? The Fed or the Treasury?
- Randy Wray’s Modern Money Primer
- 9. A paradigm for understanding monetary economies
- Interview with Randy Wray, Regarding the Next Crisis
- 8. What monetary economics is about
- Mark: Come on guys! You're making this way to complicated and wrong. The private sector has NOTHING to [...]
- Sigurd Persson: Solution done simple: I will suggest that countries in trouble should use dobbel currencies. That w [...]
- aterzi: The private sector is up to the tune of $X worth of bonds PLUS the $X spent by the government into t [...]
- Draghi believes in the confidence fairy! « The Jefferson Tree: [...] 15th, 2011 | Ralph Musgrave - Ralphanomics has contributed 104 articles. Contratulations to A [...]
- La chemioeconomia del Mostro che conta | STAMPA LIBERA: [...] gatti, e anche viziati. Incappo in un articolo a firma dell’economista Andrea Terzi di Lugan [...]
