Diversity is Key

I’ve for some time been trying to advocate much greater diversity in the UK economy and I’ve often linked to this research, which suggests that economically diverse countries are more prosperous. To quote directly: inequality lives within a range of values that are determined by your underlying industrial structure. Which, being translated, means that if… Read more

Money trading and its part in our downfall – perhaps

Although its author still thinks, mistakenly, that banking is based on the fractional reserve system, the article “Why it’s time we manufactured money as we manufacture goods” contains some interesting observations – not least a title which rather echoes the piece ‘Welcome to the Money Factory’! He writes: It is apparent that money is simply… Read more

Can you have too much education?

When Charles Adams posted “unless we stop thinking of education as a commodity, we will fall behind.” it set me thinking whether we should be offering a tertiary education as of right. Historically and indeed up until quite recently we have been gradually raising the school leaving age and now it is in effect 18… Read more

Ireland First?

  Getting the Brexiteers to take the Irish border seriously has been an uphill struggle. For a Dubliner it was obvious that this would be one of the most, if not the most difficult issue, post Brexit. In a heated Halley-Tontine Society in Dublin (October 2016) it was agreed that the most likely solution despite… Read more

Liam Fox’s trade deals

Liam Fox is supposed to be “scoping about a dozen free trade deals outside the EU to be ready for when we leave” and I think we are all having difficulty in imagining where they might be. Well, imagine no longer, Progressive Pulse can now reveal the places at the very top of that list:… Read more

Président Macron’s government to sell Paris’s airports

I was most impressed with a journalist’s summation on France 2 of the proposal by Président Macron’s government to sell Paris’s airports. They are currently owned by just a shade more than 50% by the state.. The Prime Minister has said it is not part of the government’s purpose to extract dividends from infrastructure. Though… Read more

The payments balance…

There has been much discussion both here on Progressive Pulse as well as at Tax Reseach UK on where money comes from and what has come to be known as Modern Monetary Theory – usually referred to as MMT. I am far from alone in thinking that this basic outlook is not a theory but… Read more

Welcome to the future?

How interesting to see the photograph of the empty bread shelves in Asda during the recent cold weather. From some personal experience this was – remarkably – no different at Tesco who have the most sophisticated UK ordering system – indeed it may well be the best anywhere. The enormous Walmart, owners of Asda, who… Read more