An outbreak of sense?

The Guardian ran a striking headline on Thursday last: Scrap laws driving privatisation of health service, say NHS bosses . I confess I did a double-take. If this is for real then it has to be heartily welcomed. [They are] proposals which, if taken forward by ministers – who are supportive – would unwind and… Read more

MMT is perhaps gaining hold in the US as there are some very spurious arguments against it

Modern Monetary Theory (MMT) has received further criticsm in the US – perhaps particularly because that seems to be where it is (can we hope?) gaining a hold. Britain is still mired in the all-consuming provincial business of Brexit. This is a writer on ‘Medium’: “…the treasury can only spend by first ensuring it has… Read more

The housing road to serfdom

“Capitalism must not build a new road to serfdom” concludes an article by Peter Franklin – a previous Conservative speechwriter it turns out – so I was on my guard – but he seems to have been writing mostly for thoughtful Conservatives such as Oliver Letwin… Although, in the article he was talking about the… Read more

Cash or Blockchain?

There is an interesting article in MIT Technology Review which says that “More and more security holes are appearing in cryptocurrency and smart contract platforms, and some are fundamental to the way they were built.” That does not surprise me. If the blockchain can be built then so indeed can it be unbuilt or subverted…. Read more

Education, education, edu….

This is unashamed Labour Party propaganda. But let’s forget that.   This is real, proper investment. Investment in ourselves, our people and our future. The only argument against is that it is ‘unaffordable’ and we know that is bunkum. The question is rather can we afford NOT to do this?… Read more