Oxfam in recent article have released news that the Covid pandemic has made inequality even worse: New billionaire minted every 26 hours, as inequality contributes to the death of one person every four seconds In a new briefing “Inequality Kills,” published today ahead of the World Economic Forum’s Davos Agenda, Oxfam says that inequality is… Read more
Category:
Economics
Economics Theory
Interesting case…
A little (but unfortunately only a little) levity for the weekend: This quote surely is designed for economists who seem to be quite unaware how money fits in or even where it actually comes from. Then there is this suitcase – which is probably far more important: Looks to be fine for going to the… Read more
Understanding the Right Wing mind – a further small insight….
Was suggested by an interesting recent Guardian (or perhaps it was Observer?) article – anyway it is here, by Nick Cohen. It encompasses public health, obesity and diet – about which he is at one with ProgressivePulse – by way of the Dimbleby Food report. Henry Dimbleby is apparently another Old Etonian, who seemed to… Read more
Financialised capitalism simply misunderstands living
I think this is worth highlighting, simply because it shows how crude capitalism misunderstands life’s purpose. Like the economy capitalism exists to service the needs of people. Of course we then come round to which people? I would say people in general. Most ardent capitalists maintain that this is anyway the effect of capitalism. But… Read more
UK Rail is overpriced – and even the Daily Mail thinks so
This is their rough guide: That even the Daily Mail finds this objectionable is almost comforting… Of course the government persists in its desire to increase rail fares: Ticket prices are due to go up by 3.8 per cent from March 1, the sharpest increase since 2013. Even campaigners say cutting fares here could work… Read more
It should never be veganuary in this or any other month
An excellent article by food journalist, Joanna Blythman in the (Glasgow) Herald, whose thoughts reflect my own: Johnson clearly hasn’t been in control of his weight for years. It took coronavirus to make him realise that those extra stones he’s been carrying are a marker for poor metabolic health, which predisposes you to all sorts… Read more
Truss entertains for the country
The Guardian discloses that a Liz Truss ‘trade deal’ lunch had to be at 5 Hertford Street, owned by Robin Burley – half brother of Zac Goldsmith and similarly entitled – both inherited from billionaire father James Goldsmith. And both considerable, financial Johnson supporters. This is the bill: Makes you realise why the Universal Credit… Read more
When you consider that government is definitely like a household..
.. it is decidedly chaotic and confusing. It begins to sound like complete rubbish: Which of course it is. Everything goes wrong when you think of a government as a household. Acknowledgement: Complaints on a Plate… Read more
Best wishes for 2022
I’m sure we will need every single one of them… We have Brexit customs controls (imposed on ourselves!) coming fully into force tomorrow, 1 January, energy prices rising 40% and straining to be released from the energy ‘cap’, and seemingly ever more diverse Covid variants… The new farming regime as part of Brexit, is properly… Read more
Borderline psychotic…
The FT reports that ‘Nightingale’ hospitals are to return (in fact they’ve not entirely left – both Manchester and Exeter are still using them – but ironically not for Covid purposes. I suspect their managements have taken the money and run…) Still, let us be grateful that, after Javid said there was a worldwide shortage… Read more