Category Archives: Economics

Being a Chinese billionaire isn’t all glamour

Mortality rate notwithstanding, what’s more disturbing is how these mega wealthy souls met their demise. According to China Daily, 15 were murdered, 17 committed suicide, seven died from accidents and 19 died from illness. Oh, yes, and 14 were executed. … Continue reading

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What has been Britain’s biggest privatization to date?

…Britain’s biggest privatization has not been of housing or a bank. It has been of land. Since Margaret Thatcher entered Downing Street in 1979, and continuing all the way to the present day, the state has been selling public land … Continue reading

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James Dyson, the saviour of British Industry, does a runner*

Sir James Dyson, the British billionaire inventor and outspoken Brexit supporter who called on the government to walk away from the EU without a deal, is moving the headquarters of his vacuum cleaner and hand-dryer technology company to Singapore. *Dyson … Continue reading

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An interesting justification for trading in heroin

“What’s wrong with trafficking in heroin? The smack goes to Europe or America. Some self-obsessed narcissist who otherwise would be causing untold pollution driving to and from work every day, probably in a car without passengers, only to go burning … Continue reading

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Alexey Stakhanov: the most famous coal miner in history

  Stalin introduced a whirlwind of industrialisation in a series of Five Year Plans beginning in 1928. These plans centralised control of every part of industrial production. Every mine had productivity targets which had to be met or exceeded. This … Continue reading

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The Nasty Party

The Tories don’t care Pile on the misery, some more Universal credit, payment delays Well that’s just – how it is. They can force you into work Doesn’t matter if its zero hours Doesn’t matter if it’s at the minimum … Continue reading

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Tourism in a finite world: London 2018

The British invented organised tourism in the 18th century. The Grand Tour was tourism for aristocratic young men. They were supposed to expose themselves to European influences and culture before settling down. Many young aristocrats brought European architectural ideas back … Continue reading

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