‘Allo . . .

Another website dedicated to finance and economics?

Yes yes, I know. That very thought has long kept me from making such a foolish move.

So what tipped me over the edge? Well, two things.

First, early this year I finished a piece aimed at bringing the whole business of money and credit within the grasp of an intelligent lay reader. Not only how they’re created and why things have gone so terribly wrong, but also what a more sane and stable financial system might look like.

Even allowing for my bias, I was happy with it. Unfortunately, it fell into an awkward hole; much too short to be a book but too long to be sensibly published anywhere else. So, it went into the too hard basket.

What brought it out again was the second, and persistent, thing. Read the rest of this entry »