Anyone for prestige gilts?

There is an interesting article in the New Statesman by Ann Pettifor where she indicates that currencies are made stronger by the taxpayer. She appears to share her view with Thomas Edison: If the Government issues bonds, the brokers will sell them. The bonds will be negotiable; they will be considered as gilt-edged paper. Why?… Read more

Oh to be in New Zealand

Th FT of 21st January had an item by the New Zealand Prime Minister Jacinda Ardern ‘New Zealand hopes to lead the world with wellness-based policies’, which was perhaps, ostensibly pretty pedestrian-based stuff. But it has notable insight. Starting with: Ours was the first country where all women won the right to vote back in… Read more

Vegan meat problem

A short pointer towards a suggested read – Joanna Blythman’s concise article here (in the food trade Bible – ‘The Grocer’) ‘Why we should resist the vegan putsch’ on the suggestion that we should eat very little meat from the Eat-Lancet Commission. Surprisingly and worryingly to me, it seems to have the chemical company, Monsanto,… Read more

Counter-cyclical Job Guarantee or Universal Basic Income as An Economic Stabliser?

A very interesting recent post from Ivan Horrocks leads me to think a Job Guarantee is clearly possible, but it seems to me to be particularly suited for school leavers. For those worried about the country’s lack of work ethic, who, anecdotally at least, so often seem themselves to be in financial services or property… Read more