Realist, not conformist analysis of the latest financial, business and political news

Latest Political, Financial and Business News

Read More

Well, OK Owen, Hold Boris To Account

Owen Jones wants us all to know that the Tories – spit, Boris! – must be held to account for their failures during covid. Seems fair enough to be honest, those who would rule us should be accountable for the way they rule us: As the government seeks credit for the triumphant success of the NHS’s mass vaccination programme, let…
Read More

Housework Is Worth One Seventh Of The Average Wage

The Guardian is loving this ruling from China where a housewife is, upon divorce, awarded compensation for all the housework she did. There are reasons to think this may or may not be fair but let’s run with the feminist argument that it is. There should be a value put on this domestic work. They’re not then going to like the…
Read More

Has the GameStop ‘Short Squeeze’ Changed Finance?

The start of this year saw a bit of a tussle between retail traders and Wall Street as the Reddit community of wallstreetbets grew from a few hundred thousand to over four million in a very short period of time all off the back of trying to push the stock price for GameStop higher – whilst some consider the changes that platforms like…
Read More

To Prove That Recessions Reduce Inequality

Just a little note to point out why it is that recessions reduce inequality. They do indeed increase poverty – lots of people get to have less money which is a useful definition of getting poorer. But inequality reduces in a recession. Because the richer among us gain more of their income from profits than do the poorer among us. So,…
Read More

The Rhetorical Casuistry Of Robert Reich Revealed

Robert Reich wants us all to believe that Texas is especially evil and that the plutocratic capitalists sit there, cackling with glee, as the poor freeze. That inequality there is more and worse than elsewhere. Which is why he says the following: Texas has the third-highest number of billionaires in America, most of them oil tycoons. Well,…
Read More

Why Bhutan Measures Gross National Happiness

Bhutan, the Himalayan kingdom, does not use Gross Domestic Product as the governance target. Instead it pursues Gross National Happiness. It also bans tobacco which is said to increase said joy at merely being alive. It’s possible to wonder why they change the target that so many others find useful. The argument put forward is that…
Read More

A Very Bad Judgement

From our Swindon Correspondent: There’re reasons we should generally simplify laws, especially around employment and tax. From the BBC:- Uber drivers must be treated as workers rather than self-employed, the UK’s Supreme Court has ruled. The decision means tens of thousands of Uber drivers are set to be entitled to minimum wage…
Read More

The Brexit Impact for the Online Space

The Brexit Impact for the Online Space Since day one, there had been uncertainty around the impact Brexit would have for many different industries, and whilst the most obvious were within the direct trade which had also been the first to see the big change in the new year, the online space had always had a big question mark filled with…
Read More

The Environmental Damage Of HS2

From our Swindon Correspondent: From the BBC Green MP Caroline Lucas called it a “vanity project”. She says travel patterns have been revolutionised during Covid, and won’t return to previous levels. And she complained: “It’ll take decades for the project to have even a chance of becoming carbon neutral because of the emissions from…

Can you help support Continental Telegraph?

If you can spare a few pounds you can donate to our fundraising campaign below. All donations are greatly appreciated and go towards our server, security and software costs. 25,000 people per day read our sites and every penny goes towards our fight against the Establishment. We don't take a wage and do what we do because we enjoy it and hope our readers enjoy it too.