Category Archives: Economics

Rishi ‘Robin Hood’ Sunak strikes again

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Britain’s Fantasy Economics 1530-2016: a short history

British governments from Henry VIII to David Cameron funded unaffordable aspirations by using other people’s money. This tactic is increasingly difficult to achieve as time passes. British politicians, nonetheless, are addicted to sources of revenue which are unconventional. They believe … Continue reading

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Book Review: Patrick Radden Keefe ~ Empire of Pain: The secret history of the Sackler Dynasty (2021)

The concept of legal drug-pushing has been a feature of USA medicine for at least thirty years. Prescription drugs are allegedly tightly controlled but Keefe demonstrates the system was perverted. The corruption was orchestrated by the Sackler Family but other … Continue reading

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How to be generous at Christmas

“showing a readiness to give more of something, especially money, than is strictly necessary or expected”1 Generous gifts at Christmas are a balancing act between social duty, economics and expectations. In the definition (above) ‘more’ is important. A generous person … Continue reading

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21st Century quasi-slave labour in Asia

While poor urban children are still treated as slaves or indentured labor, some of their fathers remain little more than draught animals. The rickshaw has always been a notorious emblem of the degradation of labor in Asia. Invented in Japan … Continue reading

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Book Review: Mike Davis ~ Planet of Slums (2006)

For a smug Westerner like me this book is a punch in the face. Britain is currently, September 2022, obsessed by massive increases in energy bills. I too whine and demand support from the government to maintain my entitlements. Clearly, … Continue reading

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Protect the NHS

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The cost-of-living crisis in Mayfair

“A new Mayfair joint has opened with the proud announcement that its menu will include a dish costing £3000. Apparently, it involves a bucket load of caviar with a brooding sense of inadequacy on the side. I’m not naming the … Continue reading

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Singapore’s Water Supply Problem

“Newbrew is a highly quaffable beer,” a spokesperson for the Brewerkz craft beer brewery told reporters in Singapore, “which is perfectly suited to our tropical climate. It has a smooth, toasted honey-like aftertaste, and is made with the finest ingredients, … Continue reading

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A Geopolitical Joke

A worldwide survey had only question which was: “Would you please give your honest opinion about solutions to the food shortage in the rest of the world?” The survey was a huge failure. In Eastern Europe they didn’t know what … Continue reading

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