ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The View from Above

The first edition of an occasional column that will take a tongue-in-cheek look at economics and society.

 

Toothcomber’ is intellectually descended from ‘Beachcomber,’ which was pen name of the English columnist J B Morton who presided over the Daily Express’ ‘By the Way’ column from 1924 to 1975. The present column has been stimulated partly by the kindly thought that an economics magazine deserves a regular dose of solid economics in it, and partly by the realisation that even if one were to deliberately set about doing a J B Morton on Economics, it might prove hard to come up with anything that could quite parallel some of the stuff that professionals in the field have been systematically dishing out—as mimicked in various minuscule pieces which Morton wrote on the subject, with titles such as ‘The Money Market,’ ‘Financial Note’, etc. ‘Economics: The View from Above’ is an irregular offering whose presiding spirit will be the philosopher Harry Frankfurt’s book On Bullshit. If any part of anything written here is found to make any sense to any reader who is not an advanced economic theorist, the author promises to go back to the drawing board and think deeply. He now has the time, as he has retired, or has at least been put out to pasture.

Inflation in an Open Economy

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