No 10 defends the activities of Dominic Cummings, a right-wing promoter of extreme Brexit and source of this Government's most extreme ideas at the Science guidance body Sage, where two members have complained that Cummings has been more than an observer but has directed the course of discussion to suit his own pet theories. Hence, …
Category: economic regression
Progress
Progress dictates that we determine our future based not on history but on future needs. We did not need an industrial sector before we had one. The service sector is the largest employer and supplier of needs. Without technology and medicine, today's world would be pretty awful. Those primary elements of productivity are not the …
Soros
George Soros argues that Angela Merkel's German Led Austerity is the wrong medicine for Europe.
What is wrong with the Government’s vision
In the Telegraph, Jeremy Warner states "Lack of growth has completely poleaxed the centre piece of the Government’s economic strategy — getting the deficit under control." and concludes "Osborne is often accused of cowardice and a lack of radicalism. He needs to be much bolder if he is ever to get to grips with the …
Tax Havens
Adam Smith wrote the seminal work about capitalism - The Wealth of Nations. Growth was then based on nations competing in the most extreme act of international piracy in history, colonialism. These days we talk of "bubbles" as though these modern gold rushes were a certain financial rhythm. We developed a science to predict and …
Progressive Economics
The economies of the West have all run into trouble due to the derivatives scam and resultant financial meltdown causing massive capital flows out of national economies. Tax avoidance and corporate logic has led to offshore tax havens becoming significant on the radar of the US and UK governments. Austerity has lain the problem upon …
Illogical conclusions
The use of austerity has worn thin at least for the probable longevity of George Osborne. In its current form at least. Infrastructure spending by this two faced Government amount to allowing private roads to be built which is certainly going to provide some relief to chronic unemployment and incrementally it may result in economic …
Disabled People
Disabled people should not be discriminated against. However, behind increasing numbers of disabled, is the rise in false claims: you can have rigorous detection or universality depending on your politics. Both are expensive and do not target funds to the disabled, because if you assume the year on year growth is down to false claims …
The Euro crisis
There are many ways to "solve" the crisis. You do not win a game of chess by barking at the pieces on the board, but sacrifice can have huge dividends. Part of the crisis is one of leadership. Our leaders keep talking but not facing the fact that the economic system is riddled with corrupt …
Pension funds lose value
The value of pension funds is bleeding away in the UK and across America protesters decry Wall Street's corrupt practices and greed. We were told (by politicians, most likely) that freedom in the markets would free things up and maybe it did. What we were not told and did not realise until it was far …