Democratic Brexit – or not

Bill Mitchell and Thomas Fazi have written what seems to me a rather odd article where they run through the history of the changes in the EU ending with its conversion to neoliberalsm. They finish: To conclude, any belief that the EU can be ‘democratised’ and reformed in a progressive direction is a pious illusion…. Read more

The REAL argument for Universal Basic Services

As a postscript to the previous piece on Universal Basic Income, (together with the interesting comment from Charles Adams on the same page) an American article makes a coherent case against a full Universal Basic Income: Our current economic crisis goes beyond the problem of income inequality. While inequality garners the most attention, it’s a… Read more

Five reasons why universal basic income is a bad idea – but only one is right

The FT has today, 11 February, an ‘opinion’ article by Ian Goldin, Professor of Globalisation and Development at the University of Oxford, giving five reasons why UBI is such a bad idea, which is a useful addition to the discussions we have had here on Progressive Pulse a while ago and on TaxResearch UK in the last… Read more

At last! The Japanese speak out (but too late to stop disaster)

And so, at last, members of one of the major manufacturing sectors in the UK – Japanese car makers – backed up by their government, meet with our powerless Prime Minister to publicly express their concern at the direction in which Brexit is heading. In so doing they unambiguously emphasise that should it come to… Read more

Real news, not views

This interesting letter will soon be arriving on the BBC Director General’s desk. If you listen to the ‘Today’ programme you will know they now occasionally review ‘Buzzfeed’ and the ‘Huffington Post’ as well as the more traditional press. It is indeed a notable omission that they don’t ever review the ‘New European’, though it… Read more

Bordering on Madness?

There are about twice (some estimates say over 3 times) as many border crossings between Northern Ireland and the Republic than the entire eastern border of the EU from Finland, through the Baltic States, Poland, Slovakia, Hungary, Bulgaria and Romania.  This startling statistic does not seem credible but click on this link for more detail…. Read more

Jubilee Shares

The Guardian has a current headline: “Stock market turmoil: All eyes on the Dow after $4tn wiped off global shares.” A shame, probably for our private pension, if we have one. Yet nobody has actually lost $4tn though one or two might have lost something if they needed to sell in a declining market. It… Read more

BoM February 2018

Our February book of the Month is Fire and Fury: Inside the Trump White House by Michael Wolff, currently the best selling book globally and with the film rights already sold. Since its release Wolff’s book has provoked fierce debate and denial, leading Trump to claim that he hardly knew who Wolff was (they have… Read more

Perhaps this report is greatly exaggerated:

But if reports of death are premature then surely both leavers and remainers are beginning to realise that Brexit is failing as an idea. As Simon Wren Lewis has said “Brexit is fantastical. There is nothing about the case for Brexit that is based in reality. This is why everything Brexiters say is either nonsense… Read more

5 |Posted in:Posted in: Brexit

Wake up America! Trumpism and the road to Putin’s ‘managed’ democracy (a warning from history)

We all know by now that Trump and anyone on his ‘team’ – which includes almost every Republican member of Congress – are extremely uncomfortable talking about anything to do with Russia. Indeed, so all encompassing is this phobia that the President still finds it impossible to admit that Russia interfered in the 2016 elections,… Read more