Thursday 2 May 2013

Times of Oman | Column :: A policy debate and one per cent solution

I am not convinced that job wise or income distribution wise, nor investment wise, that the drift to Japanese economics is a good thing? I am not convinced it was proper to subsidise the banks and then make their leadership even richer!

Jobs are not being created and traditional micro business economics tells us why! Credit capital is not being used to create jobs because business men have better / easier ways to make money.

Krugman's macroeconomics is not much better than that of the Fed. Both fail to grow jobs and incomes that would raise per capita savings and future sustainable pensions.

Poor economic analysis by most economists, I would argue!


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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!