Commentaries (some of them cheeky or provocative) on economic topics by Ralph Musgrave. This site is dedicated to Abba Lerner. I disagree with several claims made by Lerner, and made by his intellectual descendants, that is advocates of Modern Monetary Theory (MMT). But I regard MMT on balance as being a breath of fresh air for economics.
Wednesday, 12 November 2014
Bank subsidies explained.
There is a PDF version of this cartoon here. I was inspired to create this cartoon by Giacomo Corsini. Any mistakes are entirely my responsibility. - Ralph Musgrave.