If money is created out of thin air perhaps ‘Silence is Compliance’?

“The only disease right now is the racism that we are fighting.” said England football player Raheem Sterling. He suggests that protesters who took to the streets after the killing of George Floyd are trying to find a solution to injustice. That’s eminently reasonable. But when are we going to get aboard the injustice of… Read more

‘Subverted by thuggery’ or are we living in revolutionary times?

How Johnson can realistically hold that chucking a statue of Edward Colston into the water is thuggery I really do not know – and he was, after all, supposed to know a bit about thuggery himself. If he’d pointed out that the South West England especially, had for centuries, been subject to kidnapping and slavery… Read more

‘What matters’ is that equality works

We are currently told that Black Lives Matter which, like all lives, of course they do. And while we now discover that the American policeman accused of murder had had 17 complaints against him, none of which seemed to have changed anything, and, indeed there are also instances of American policemen killing white arrestees with… Read more

Protestors criticised for looting business without forming Private Equity firm first

I loved this headline from the American satirical website “The Onion” It concerns the rather unsurprising discontent in Minneapolis following what looks to be a police arrest using deathly force. Interestingly it seems that fires in the disorder were contained rather than extinguished by the fire brigade – seemingly as further protest. But the short,… Read more

Harvesting other people’s debts should not be a business model

Crises tend to reveal unacknowledged truths. In 2008, we learned that the majority of the financial wizards we had been taught to treat with awe for the previous two decades were, in fact, little more than scam artists — and rather clumsy ones, at that. The coronavirus, and resulting lockdowns, is teaching us an even… Read more

We may be on the money – towards a common outlook

I have been contributing to a ‘Positive Money’ paper on the Covid-19 consequences. I have no idea if it will be accepted but I thought it would be interesting to discover how they are becoming much more ‘government money creation’ friendly! Indeed I think they suggest that they probably always have been (and, actually who… Read more

Bus companies might end up teaching us something…

I am conscious that the live performing arts sector, which is a great export earner for Britain, has, with social distancing, a major difficulty in trying to survive, and that is a sadness for all of us. Government help will certainly be needed before live performances finally become possible. But of course that is not… Read more