Sitemap - 2023 - Warwick Lightfoot's Substack

British House of Lords challenges Central Banks' groupthink, record and defective modelling

A World Restored to Geopolitical Instability

German Hyperinflation Inflation 1923

X-efficiency in the public sector and economic effects of public spending

The Necessary, But Expensive Decarbonisation and the Green Tooth Fairy

Churchill, Economics and Money: How to Spend It

Maynard Keynes as an Investor

Jackson Hole Economic Policy Symposium: Structural Shifts in the Global Economy August 2023

Monetary National Income Analogue Computer (MONIAC), Bill Phillips’s Famous Machine and much debated Phillips Curve

Oppenheimer the Film, Los Alamos and the National Nuclear Laboratory

National Accounts, Intellectual Imperialism of Economics and the critique of ‘mathiness’ in economics

The de facto end of the European Exchange Rate Mechanism

Indexed linked debt, inflation, government borrowing, financial market repression and public expenditure on debt service costs

China’s science base: western technology with Chinese essence?

Bidenomics - the antithesis of Reaganomics?

Thames Water: Thin Capitalisation and the Credit Risk of Indexed Linked Corporate Debt

Central banks, amnesia, judgement and the present inflation

Science Policy, Economics, the Diffusion of Technology and Growth

The atrophying of publicly traded equity markets: why stock markets no longer match up with the economy

How useful in practice are estimates of public sector net worth?

Will Debt Limit controversy destroy faith in the US public credit that Alexander Hamilton established?

Why the City of London did not become an international financial centre as a result of Big Bang in 1986

What made the City of London a modern international financial centre?

Will interest rates fall back to their very low historical level and does public debt have to be aggressively consolidated?

In the 21st century the problems have been big, but policy makers have risen to the challenge and provided effective remedies

Nigel Lawson, a tribute to a radical, reforming chancellor

Everybody likes infrastructure investment, but are its returns disappointing and its costs rising?

The new Governor of the Swedish Central Bank explores the discussion the Riksbank has had about the role of the exchange rate in the context of an inflation target

Central banks should disinflate their economies, raise interest rates and remedy the micro-economic distortion of money and capital markets

When it comes to presenting budgets can Britain learn from America's example?