Category Archives: Economics

Why the west is stagnant

Thomas Piketty, the French economist, calculates that more than half of total wealth in Germany today is inherited — an estimate confirmed by German economists. In the 1960s and 1970s, the share was just a little over 20 per cent. … Continue reading

Posted in Economics, History | Tagged , , , | Leave a comment

Book Review: Tim Harford ~ Messy: How to be creative and resilient in a tidy-minded world (2016)

Britain had a TV show whose catch phrase was, ‘The computer says no’ and it reflected a stifled uncreative world. It satirises the mechanistic attempt at deleting risk from everyday life looking for monochrome ‘perfection’. A hideous uncreative world doomed … Continue reading

Posted in Economics, Literature, Review, Sport | Tagged , , , | Leave a comment

The Mozart Problem: Educating Exceptional Children

He was playing the harpsichord and the violin at the age of five, and writing little pieces of music.* Introduction Mozart’s father was a musician and realised Wolfgang was exceptional. Leopold home schooled his son, constantly expanding his musical frontiers. … Continue reading

Posted in Economics, education, School | Tagged , , , , | Leave a comment

A very brisk Mother Superior in a French convent

[Her] account includes being told by the [Mother] Superior that if a doctor advised a surgical operation, “your Superiors will decide whether your life is of sufficient value to the community to justify the expense. If it is not, you … Continue reading

Posted in Economics, Health, History, Literature, Religion | Tagged , | Leave a comment

Havering’s ‘Streets in the Sky’

Tower Block Residents High rise tenants and leaseholders pay for communal lighting as a separate charge. This additional to Council tax. Apart from Tower Block Residents Council tax covers street lighting, which is part of the service embedded within the … Continue reading

Posted in Economics, housing, Politics | Tagged , , , | Leave a comment

British Health and Covid-19

Coronavirus is a well understood disease.* There are international strategies in place for meeting the challenges which are presented. Covid-19 is a novel sub-species of a well known disease. Public ignorance, fuelled by governments, has given it lethal qualities which, … Continue reading

Posted in Economics, Health, housing, Politics, statistics | Tagged , , , , | Leave a comment

Brexit, Northern Ireland and Unification

The 2016 Brexit referendum aggregated all UK votes into a single total. England’s majority swamped the Scottish, Welsh and Northern Irish vote, which immediately cast a doubt on the idea of a shared political identity. Brexit’s authority however depended on … Continue reading

Posted in Economics, Finance, History, Politics | Tagged , , , , | Leave a comment

Desirable building land – apply Chancellor of the Exchequer

Posted in Economics, Humour, photography | Tagged | Leave a comment

Hitler’s nightmare: Henry Morganthau’s plan

Henry Morgenthau was Roosevelt’s Secretary of the Treasury from 1934. To Hitler he epitomised ‘World Jewry’. He was Jewish Wall Street royalty, a close friend and colleague of Roosevelt. He rescued the US economy by ‘Keynesian’ financing of the New … Continue reading

Posted in Economics, Finance, History, Politics, War | Tagged , , , , | Leave a comment

Film Review: American Factory (Netflix) (2019)

This brilliant documentary won the 2020 Oscar. Unfortunately it’s only on Netflix. If you want to see it sign up for a months free trial and then cancel. The 2008 banking crisis consumed GM’s factory in Ohio. A few years … Continue reading

Posted in Economics, Film, Finance, Technology | Tagged , , , | Leave a comment