Malthus Was Right – Until The Very Day He Sat Down To Write
The Reverend Malthus was in fact right in his insistence that technological advance didn't enrich humans. Because that greater wealth just led to more...
Ain’t Capitalism Great? Price Changes Over The Last 20 Years
So, the things that capitalism produces have fallen in price over the past couple of decades. That's the pure and unadorned free market capitalism...
Astonishingly, Free market Capitalism Provides More Intergenerational Mobility Than State Feudalism
A useful - not wholly accurate but useful - guide to Italy is that the north is a roughly free market and capitalist economy,...
Dear Larry Elliott – What Race To The Bottom On Tax?
A line from Larry Elliott's latest piece showing that of course the Tories are wrong on the economy:
Even so, the race to the bottom...
You Noticed How The World Got Better Last Year As The Rich Got Poorer,...
Wealth inequality is the very terror of our age, isn't it? As Oxfam keeps telling us that the plutocrats swallow up ever more of...
10% Of Global Workers Get 50% Of Pay – 20% Get Only 1%
This all sounds entirely logical and reasonable:
Nearly half of all global pay is scooped up by only 10% of workers, according to the International...
£90bn Worse Off (Under Certain Assumptions)
When our Pro-Remain current Chancellor declares “The UK Government will be £90bn a year worse off under No Deal” it should automatically raise some...
Mobile Phones As A Measure Of Poverty
There are frequent reports of rising poverty increasing use of food banks etc. Taken at face value you could be forgiven for thinking that...
Keynes Was Right – On One Thing At Least
A contention of JM Keynes was that people hate, really just hate, their wages to go down. This also being subject to the money...
It’s Uncertainty About Idiot Politicians, Not Trade Restrictions Themselves, Which Is So Damaging
If someone comes out with a dingbat policy - say, we should all tax ourselves more for our temerity in buying from Johnny Foreigner...