This blog will leave picking over the details of the measures announced by George Osborne to the vast industry of commentators, economists and analysts dedicated to do just that, and concentrate on the political change which it heralds. In the post WWII period the centre ground of politics shifted to the left. Labour was the […]
Yesterday was full of poignant recollections from survivors and rescuers of the terrible carnage in London ten years ago. The ceremonies were dignified and imposing, providing a fitting backdrop to the nation’s tribute. Among the congregations and participants there were those who came alone in memory of a loved one whose life ended that day. Their […]
An idea to stimulate economic growth without further government borrowing. Written in plain English and very easy to follow, this is the only really fresh approach out there to the intractable problems of the UK economy, and it is just beginning to be noticed in important places. Buy! Download only .99p Paperback £2.99 Kindle or Paperback UK […]
The answer to all three questions is that nobody has a clue. This is because there is so much wrong with both the institutions and dynamics involved that nothing can work without causing a whole new set of problems. Today we will list a few basic principles at the heart of the of the matter. […]
Set in the mid nineteen nineties, this fast moving thriller lifts the curtain on sex, sleaze and corruption in high places as the long reign of the government totters to an end, following the ousting of the iconic Margaret Thatcher. The novel catches the mood of those times with a host of fictional characters who engage […]
The worst nightmare of the eurozone, the EU and the markets has happened. Greece has not just voted No but by a large margin of 61/39. This is way bigger than anyone expected. Indeed most expected a narrow Yes. I am not going to comment upon the likely outcome, because the drama is unfolding minute […]
Readers of this blog know that I am far from happy with the complete failure to rebalance the economy away from asset inflation and towards wealth creation through production. I am also very unhappy about the excessive reward structure of executive pay in what has become a low wage economy. Most of all I resent the […]
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As Greece teeters on the brink of nobody knows quite what the IMF has issued a revealing report on the state of Greece’s finances which appears helpful to the embattled Tsipras government. It thinks Greece will need another 50 billion euros, its existing debts have to be subject to a major haircut as they can never […]