Is Nye Bevan right?

So the Australia type deal that Britain will flourish under, according to Johnson, is a trade deal that, in fact, Australia is trying to actually improve in the already existing trade talks with the EU, where both sides have agreed that: The discussions confirmed a shared commitment to rules-based trade as well as to helping… Read more

‘Sheltering’ the Economy…

“Save lives, protect the NHS” and “shelter the economy” is, according to Laura Kuenssberg (and I’m sure Progressive Pulse readers will be well aware that I read no-one else) what Johnson now wants to do. It is ‘shelter the economy’ that I find more than usually fantastical. It is as though the economy were not… Read more

Victorian government Public Health

I have looked at at a BBC Factcheck on Covid -19 testing, which is certainly interesting, and seems to put Britain near the top in Europe – for testing. Fine, for Britain, which, as the cradle of Public Health, unsurprisingly it should be. The originator of the industrial revolution really should know all about it……. Read more

Payments need to go ‘bankless’

I’ve seen it suggested that if bank payments are called ‘cashless’, then cash payments should be called ‘bankless’. We need more of this – there is no reason why we have to give banks more power than they have already. The banks, of course do all they can to influence government and with Chancellor Sunak… 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

Debt is control

Nick Macpherson, former Permanent Secretary to the Treasury has tweeted: Writing off NHS trust debt only justifiable if correlated with high pressure areas, eg London. Otherwise an inefficient way of addressing resource constraints. Of course, it adds another 0.7% to national debt/national income ratio. This crisis is becoming expensive. #soundmoney Which comment is, as many… Read more