The MP for High Wycombe, Steve Baker, has written an article on MA for The Jewish Chronicle. It's great to see Kaleidic Economics receiving some press attention so soon after launching.
Kaleidic Economics launches
This week saw the inaugural meeting of Kaleidic Economics. We are delighted to publish our first quarterly report, in which we explain the methods and goals of the roundtable:
- "The varieties of economic experience", Quarterly Report No. 1, August 2011
June 2011 MA falls by -5.1%
In the most recent update of the MA measure of the money supply, June 2011 saw a contraction of over 5% compared to last year. There is little change in either MA, N&C or M4 compared to last month.
MA continues to contract in May 2011
In May 2011 MA fell by -5.9% (compared to the previous year), meaning that it has been contracting since October last year. The monetary deflation that has followed the financial crisis shows no signs of abating.
Welcome
Kaleidic Economics will launch properly soon, however as of July 2011 we have started to release our economic indicators. The data section of the website presents a new measure of the money supply, MA, as well as information relating to money velocity, gross output, and shadow price inflation.