Both the deficit and borrowing are clearly important for the Tories

If not in the way we usually think. Just look at these counterintuitive figures: Plus we now know that the ‘debt’ has increased under Conservative governments from £759 billion to £1.7 trillion. But nobody ever mentions it – presumably because this keeps the financial sector happy. Yet the government ‘deficit’ – often referred to as… Read more

Media myopia isn’t the only crime – but it is one of the worst

While all eyes are turned upon the possibility of preventing a proroguing of Parliament (the spoof twitter account ‘Not Boris Johnson’ is currently thanking the 274 MPs who voted in favour of him closing down Parliament and running a dictatorship instead, whilst ‘Our future our choice’ has, wonderfully, dubbed Johnson as Trump with a Thesaurus),… Read more

Non inflationary Basic Income

By putting a price on everything in terms of monetary value, we devalue the things that cannot effectively be priced. This is a rough quote from Professor Guy Standing, he of Universal Income fame, from a recent ‘Renegade Inc’ interview. So happiness is both priceless and worthless. Anyway Professor Guy Standing has produced a report… Read more