Basic Security is a superior public good since its value rises if everyone has it

This title is from an interesting article in ‘Open Democracy’ on Universal Basic Income by Professor Guy Standing. Comparing Universal Basic Income to Universal Basic Services he points out that what has been proposed is, in fact, far from Universal. And thus the proposals are beset by distributional problems. This is much the same view… Read more

Mutuality Versus Banking – which to prefer?

In this article the City Editor of the FT, no less, says that Labour is right “Britain’s private utility model is broken.” Here is a riddle that is not so difficult to unpick. Between their privatisation in 1989 and last year, English water companies were permitted by their regulator to generate operating cash flows totalling… Read more

Pretty useless IFS investigation…

This from the Guardian: It is hardly surprising that two nations whose development has been driven by financial gain and greed share a common trend of growing inequality. It is inevitable that countries like the UK and US that measure success by economic growth will always favour those who already have wealth. In the circumstances… Read more

Terrorism starts in the family

There is a very interesting new book which seems to have received little attention: ‘Home-Grown – How Domestic Violence Turns Men into Terrorists’ This suggests that Terrorism – literally – begins at home. As almost without exception terrorism attacks were carried out by men with histories of domestic violence. Now I haven’t read the book…. Read more

It’s democracy, stupid – or is it?

The @metpoliceuk told us last week that the number of threats to MPs has gone up by 126% from last year. It is a pretty depressing twitterfeed, so I recommend you investigate it only if you don’t believe me! Is the law around free speech and protest working? Of course when the government chooses not… Read more