Of Course India Needs More Currency – The Economy Is Growing

It might not be all that common to find a general agreement between Milton Friedman and Karl Marx but here is one - of course India needs more currency because the economy is growing....

As Ponzi Schemes Go Ghana’s Menzgold Was Pretty Small

This is actually something of a surprise, that the recently collapsed Ponzi scheme in Ghana, Menzgold, was so small. For there are really only two things which cause a Ponzi to fall over -...

Citigroup’s Gender Pay Gap Is About Zero – Women Don’t Earn 29% Less

Whether there's a gender pay gap, what it is if there is, depends rather on what it is that we declare to be a gender pay gap - as Citigroup has just revealed. If...

Zimbabwe’s Real Riots Problem – Modern Monetary Theory Strikes Again

That Zimbabwe hasn't been well ruled since, oooh, 1965 is both obvious and well known. But it's the quite how the ruling has been bad that interests here, not just the general driving of...

The TrEUman Show

At the end of the Jim Carrey film "The Truman Show", his character Truman Burbank has finally realised that a whole world of possibilities exist outside the manufactured world his captors have benevolently created...

Silly Brexit Solutions – England And Wales Leave, Scotland And NI Don’t

There're any number of silly Brexit solutions floating around but today's prize for the silliest must go to this in The Guardian. That England and Wales should leave the European Union and Scotland and...

Eat-Lancet Report On Food Supply – Incorrect As It Starts From The Wrong Premises

Apparently we should all reduce our meat consumption to half a rasher of bacon a day. Or perhaps a beefburger a week and all that. This coming from the Eat-Lancet project. This being how...

Appeasement Redux

There are many who presume that opposition to Brexit is rooted in treason – that British MPs (including the PM and Chancellor) are just EU stooges, maneuvered into place by shadowy Establishment figures and...

We Must Remember Oxfam’s Defence Here – There’s Rape And Then Rapey Rape

Oxfam's found that certain numbers - large numbers possibly - of its staff have been sexually exploiting the vulnerable around the world. At which point we must remember to use this defence being given...

Italy’s Problem Is The Euro And The European Union

That the average Italian is now less in favour of Europe and the European Union is obvious enough given the election results but what was it that happened? Experience of Europe and the European...

Patisserie Valerie – Yes, It’s Worse, Possibly It Never Made A Profit

Patisserie Valerie announced that there was an oopsie in its accounts back in the autumn, an oopsie which led to the shares being suspended, an emergency capital raising and a hope that all would...

The Basic Problem With Modern Socialism

The basic problem with modern socialism is that it's not actually socialism - it's anti-marketism. Socialism itself, the idea that the people doing the producing should own the productive assets used to do the...

Philippines Rice Law Tariffs – Still A Bad Idea But Better Than Before

The Philippines is at least moving in the right direction with its changes to the varied protections for the rice industry in the country. It's a simple and general rule that if something needs...

Uganda Might Have A Debt Problem But It’s Not Going To Be A Large...

It's always entirely possible that a developing country can have a debt problem. For there are those cautionary tales of places which manage to regress - always, but always, as a result of bad...

As Uganda Finds Out, Demanding National Broadband Costs Money In Reduced MTN Fees

Entirely so, of course we'd just love to have complete and clear national coverage for voice and mobile internet. Even, for broadband over mobile. Just as we'd entirely love to power the place on...

Zimbabwe’s Problem With Digital Payments – Shutting Down Social Media Turns Off The Lights

As we mentioned earlier today Zimbabwe's got a problem with voter unhappiness with the current government - more specifically, about the place having some of the most expensive fuel in the world at $12...

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