The IMF have suddenly discovered both the price of everything and the value of nothing

The FT has reported that the IMF says that “Cash-strapped governments could find a huge new source of revenues if they managed their assets more professionally” Those presumably will be the ones that the IMF was previously in favour of not just managing, but privatising. “The potential receipts, equivalent to an average of 3 per… Read more

Police not investigating the misdeeds of Leave because of ‘political sensitivities’?

I think all of those interested in the Rule of Law should look at this ‘Open Democracy’ Article here. If the Metropolitan Police really are not investigating the misdeeds of Leave because of ‘political sensitivities’ we must consider whether or not we are in a country where the Rule of Law prevails or whether in… Read more

US regulatory food incompetence

Just in case anyone was subdued into acceptance of the idea that the USA food system functions well – never mind even better than the UK or EU systems, we should just take on board, that here is the world’s largest meatpacker recalling 6.9 million pounds of beef linked to antibiotic-resistant Salmonella. So input antibiotics… Read more

Sugar tax own goal

We may now have the sugar tax, but of course what most of the soft drink suppliers have done is substitute other sweeteners for sugar (which we have consumed for about 500 years). I’m unaware of any trials that suggest the alternative sweeteners are in fact either any better or even good for us at… Read more