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Category Archives: Economics
Rishi Sunak: Scourge of the Middle Classes
Chancellor Sunak has increased taxation from income, which will alienate Conservative middle-class voters. Problem? No way. Adroit political footwork and the magic of inflation will square the political circle. Quietly, without fanfare, and with deadly efficiency Sunak created additional income … Continue reading
Germany’s nuclear dilemma
….turning all the German nuclear reactors back on could approximately stop gas imports from Russia. Shutting the remaining ones down could increase the dependency on Russian gas by about 30%. Germany facts of the day – Marginal REVOLUTION
Posted in Economics, environment, Politics, Technology
Tagged environmental disaster, Germany, Nuclear power, political decision-making
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Woody Guthrie discovers Catholic hypocrisy
“Son, I have been in this service [Roman Catholic priest] all my life. I have seen to it that thousands of men just like you got to work for a meal. But, right at this moment, there is no kind … Continue reading
Posted in Economics, History, Literature, Religion
Tagged charity, Folk singer, Hobo, hypocrisy, The Great Depression, Woody Guthrie
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What energy crisis?
Posted in Economics, Politics, Technology
Tagged Big oil, Energy crisis 2022, Ralph Nader, Solar power
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Thirteen Ships and Thirty-six Admirals: The Royal Navy, 2022
“Rule, Britannia! Britannia rule the waves:“Britons never will be slaves.”1 The Royal Navy guaranteed British independence for centuries. The last successful invasion of Britain was in 1688 by the Dutch, who’d made sure they got a good reception when they … Continue reading
Posted in Economics, Politics, statistics, War
Tagged Admirals, Parkinson's Law, Royal Navy
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An impossible dream
Interviewer: What’s the first thing that you’re going to get with your £10 million lottery win? Jim: I’m going to make my wife very, very happy Interviewer: Do you mind me asking what you intend to do? Jim: I’m going … Continue reading
George Osborne, The Age of Austerity and Children
Osborne, the chancellor, caused alarm and anger when he talked about the unfairness of a “shift-worker” leaving for work early in the morning who looks up and sees “the closed blinds of their next door neighbour sleeping off a life … Continue reading
Posted in Economics, education, Health, Politics, statistics
Tagged Free school meals, George Osborne, the age of austerity, the price of austerity
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Climate Emergency: A Temporary Quick Fix
During the 1970s the Saudis led the OPEC group of nations as they massively increased oil prices in retaliation for European and American support for the Israelis. The USA responded by introducing a speed limit of 55 mph to reduce … Continue reading
Posted in Economics, environment, Politics, Technology
Tagged Electric vehicles, environment, Pricing mechanism, Tesla
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