I’m not sure that actually they necessarily are! But two currencies are a basic response to a money shortage. And that is what we have. Just look at this long, sad queue at a Glasgow Food Distribution Centre in supposedly the sixth richest country in the world. As a twitterer almost said how is this… Read more
Category:
Politics
Brexit seems to mean Brexit
A quick alert to a lovely, recent David Allen Green post on the stupidity – he wouldn’t say that of course, he’d say misunderstandings – of ministers: Gove wrote to the EU: ‘We were not consulted on this Regulation either.’ Yet in fact: There was no formal need for the European Union to have consulted… Read more
Bristol Pound to be transformed into Bristol Pay
The Bristol Pound, the most sophisticated local currency in Europe according to the late currency expert, Bernard Liteaer, seems now due for a certain demise – unfortunately. However, the Bristol Pound may be down but is not out – and says, in any case, it has always guaranteed everything in UK£. It looks as though… Read more
Remarkable revelation on privatised services
From David Hall, founder of the Public Services International Research Unit at the University of Greenwich: I’d call this not ‘croneyism’ but corruption as it ensures, when new tenders are required a select few companies are already on the inside track……. Read more
‘Assault on Truth’
I thought this an interesting video from the Owen Jones website where he interviews with increasing clarity, fellow journalist, Peter Oborne, formerly of Johnson’s Spectator and the Daily Telegraph, and latterly the Daily Mail – no less – on his book ‘Assault on Truth’. Actually there seems little ‘no less’ about it – he is… Read more
Seven reasons why we never tax and spend
This should probably have gone up in partnership to the earlier video post ‘There is a Magic Money Tree’ because it is definitely its closest affiliate… There are, I suggest, seven reasons why we know we never tax and spend, but actually spend first and then tax: 1. Logic: If you have to pay tax… Read more
There is a Magic Money Tree – video from Positive Money
Conservative government equals ‘your anxiety is important to us’
It is, I suppose, hardly surprising that those who don’t believe in the state have made the worst possible fist of running it in a crisis – either the crisis of Brexit or Covid. But they seem to be pretty conflicted because Sunak has spoken of the ‘Overwhelming might of the state’ while remarking he… Read more
Looking forward to the referendum on TPP…
It appears to me that once again Yorkshire Bylines seems to have hit the nail on the head. Britain seems to be repeating its past mistakes, joining the TPP, just as it did the EEC, when the early members had already enjoyed a period of rapid growth as recovering or developing economies. Large, mature economies… Read more
Fairer Share’s ‘Proportional Property Tax’
I liked this short video, which shows how a quick win can reform today’s highly regressive council tax: Yes, it is not the ‘gold standard Land Value Tax but it would surely be, as I’ve suggested, a ‘quick win’ and could actually be a precursor to the implementation to Land Value Tax. Moreover most proponents… Read more