Universal Basic Services – the soup kitchen and others

After free information and free transport, which I considered here the remaining two recommendations of the recent report on Universal Basic Services are free Food and Shelter. At a time of record low interest rates the report’s proposal to issue bonds to finance lots more social housing is uncontroversial. Thereafter there are some very big… Read more

Rail Delivery Commitments

An organisation called the Rail Delivery Group suggested today (according to the Today Programme ) that there has never been more rail investment – with £50billion over the next 18 months. They have taken on four commitments: “Strengthening rail’s contribution to the economy” (- whatever that means?) “Improving customer satisfaction” “Boosting local communities” (- whatever… Read more

Universal Basic Services – Transports of delight?

Information and transport were two of the four flagship services proposed by the recent University College London UBS report. Having reread the report I looked at here the concept of free information through a phone or internet connection should be pretty striaghtforward to implement. Indeed when the government is providing an assured income for providers… Read more

Who’s for Universal Basic Services?

It is encouraging to see innovative proposals for change and the recent report on the Universal Basic Services made for interesting reading. Universal Basic Services are seen as a more economical alternative to the more expensive Universal Basic Income. Firstly I like the originality of the idea – although the first Universal Basic Service was… Read more

Cut the crap Mrs May and answer some straightforward questions, like what happens to the 40% of lamb exports to the EU after Brexit?

Another day in Parliament and yet another version of what may or may not happen before and after Brexit from that master of the unanswered/unasked question, our Prime Minister. And as with almost everything May says one comes away more confused than before. What appears clear is that by accident or design (and increasingly it… Read more

The scarcity myth

According to page 4 of the Principles of Economics by Mankiw – economics is the study of how society manages its scarce resources. or this recent post by Tim Worstall, Senior Fellow at the Adam Smith Institute: there are unlimited human desires but only scarce resources with which to sate them. This is easy to understand… Read more