Entries by Gulnara Nolan

The Parasite law of the Soviet Union and MMT theory

I have just bumped into an interesting twitter thread where an MMT theorist justifies their job guarantee by pointing to the Soveit Union’s Parasite law.  Being born in the old Soviet Union, and having talked to my parents about their experience with it, I thought it might be useful to share my views on the […]

Negative interest rates and saving

The latest speech by the RBA’s Governor Philip Lowe, they have ruled out negative interest rates as an alternative monetary policy option for Australia in the near future. In the discussion, the RBA outlined the cost side of this tool, namely “They can also encourage people to save more, rather than spend more, so they […]

Is it time to promote working from home?

Over the past few weeks I’ve been working mostly from home as part of the COVID lockdown.  However, now with the move back to Level One I’m heading back into the office on a more full-time basis.   In the first few days back, I have heard a lot of people from around the building talking […]