BoM July 2017

Progressive Pulse’s Book of the month for July is “BREXIT: What the Hell Happens Now” by Ian Dunt. Britain’s departure from the European Union is filled with propaganda and myth but the risks are very real. Brexit could lower our global status, diminish our quality of life, and throw our legal system into turmoil.

With the help of constitutional and trade experts, Ian Dunt, editor of Politics.co.uk, explains why exiting the EU is likely to:

  • make the UK poorer
  • leave industries like pharmaceuticals and finance struggling to operate
  • threatens to break up the United Kingdom

The book deals with the trade and legal cliff edge that Britain will face unless it can secure a transitional deal with the European Union, why the odds are stacked against the UK government in its negotiations with Brussels, and how the World Trade Organisation (WTO) is not the cure to leaving the EU that the Brexiters believe.

This is the first full public exploration of Brexit, stripped of the wishful thinking of its supporters in the media and Parliament. It is the real picture of a country about to undergo a sharp and self-inflicted isolation. This book is for people who still believe in evidence and in experts.

The consequences of Politics as Hello Magazine

I well remember being wonderfully amused by a commentator on Tax Research UK suggesting that the BBC political correspondent Laura Kuenssberg, should be a correspondent for Hello Magazine.

Mind you they might not be able to afford her wages of almost £250,000 a year.
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Trump to visit Paris on le quatorze juillet

It seems to have been little reported but Donald Trump is to visit Paris on the 14th of July.

There is much discussion on how and why this is before he visits Britain, which the French consider unusual but also where there seems to be some opposition to his visiting…

For us in the UK, at least that may mean that the British Prime Minister will be rather less distracted.

But this visit would seem to suggest that Macron is Blair.2

We can only hope that his handshake is as firm as it was alleged to be before  – and that he doesn’t on any account hold hands.

Otherwise he might have the DUP to answer to.

Clubcard Money

I was in Tesco the other day.

Not something I’m wont to do – I abhor the place, having worked for a short time in a previous life for their opposition and supplied them for an even shorter time. It is not somewhere I feel particularly at home. But Tesco exists.

And of course, having acquired a size nationally and locally to enable them to shut down the opposition, I have to respect a close relative’s point of view: there is no (realistic and local) alternative. (I will still always dislike sending some of the purchase price 200 miles away to their head office in Welwyn Garden City.)
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The Curious Case of Loyalist Bonfires in Northern Ireland

“The revelation that Belfast City Council is involved in facilitating the storage of pallets (including stolen pallets) to be burnt on loyalist bonfires typically adorned with posters of nationalist politicians, Kill All Taigs-emblazoned Tricolours, Celtic shirts and a statue of the Virgin Mary would be remarkable on its own, but news that the stored pallets have been ‘stolen’ just as City Councillors were set to agree that the material would not be returned to loyalists more than suggests that something is seriously rotten in the state of Denmark City Hall.” (Slugger O’Toole)
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Happy Brexit Day?

A short from Dr Mike Galsworthy spokesperson for Scientists for the EU; he is normally well worth listening to.

“Happy Brexit Day! But why aren’t the tabloids celebrating? None of them dare mention it on their front pages today despite bigging up “Independence Day” last year. Here’s why… they know the mood is changing and they have no new fool’s gold to sell. The public are starting to tire of the arrogant fantasy. Increasingly they see Brexit for the mess it is. The good thing is that we’re now getting the education about Europe that we never had over 40 years. We also have a good shot at overturning Brexit if the public want to – having strengthened the EU by our misadventure”.

Happy Brexit Day

Happy Brexit Day! But why aren't the tabloids celebrating? None of them dare mention it on their front pages today despite bigging up "Independence Day" last year. Here's why… they know the mood is changing and they have no new fool's gold to sell. The public are starting to tire of the arrogant fantasy. Increasingly they see Brexit for the mess it is. The good thing is that we're now getting the education about Europe that we never had over 40 years. We also have a good shot at overturning Brexit if the public want to – having strengthened the EU by our misadventure.

Posted by Scientists for EU on Saturday, 24 June 2017

Fintan O’Toole wins the Prestigious 2017 Journalism Orwell Prize for his Articles on Brexit

I’ve been a fan of Fintan O’Toole for many years and his Brexit articles are always very well worth reading. His analysis is generally excellent as is the quality of his prose. I was pleased to discover that at least two of  Progressive Pulse team, Richard Murphy and Ivan Horrocks, also hold him in very high regard.  In April, Fintan won the 2017 European Press Commentator of the Year prize for his work on Brexit and its aftermath.

He is also as of a few days ago the holder of the prestigious Orwell  2017 Journalism prize for his work on Brexit. (There are links to his articles on the Orwell Prize Page).

A more recent article in the New York Book Review “Britain: The End of a Fantasy”  is available here.

Here is a podcast interview which may be of interest; it is about a half hour long available here.

Well done Fintan and we wish you continued success.

A brief history of money

The following is an extract from the unpublished book:

Peoplons, Charmons and the Strange One: the uncertain science of economics

by C. S. Adams, Illustrated by Cohenbaum.

Tokens of exchange:

In the economist’s book of myths and legends, money was invented to solve the “double coincidence-of-wants” problem in a pair-wise economic exchange. Paul the baker wants a beer, but Mary the brewer already has a loaf of bread. Instead Paul gives Mary some gold coins or tokens which are exchangeable for something else later on. Problem solved.
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