Category Archives: Economics

Mount Everest as a business

  Source https://hustle.co/how-mount-everest-became-a-multimillion-dollar-business  

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Book Review: Timur Vermes ~ The Hungry and the Fat (translated Jamie Bulloch) (2020)

It was a privilege to read this book. Timur is a German author who’s satirised Germany, Europe and the fundamentals of the immigration challenge. The great immigration of 2015 led to huge social and political dislocations in Germany. Timur’s book … Continue reading

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We’re rich because of our ancestors

“At least half of our wealth comes from the ideas and investments of those who are now dead.” https://www.bradford-delong.com/2019/05/yes-societal-well-being-depends-on-a-very-strong-distributional-bias-along-the-lines-of-to-each-according-to-their-need-w.html

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The Strategic Importance of Renewable Energy

There are three principal reasons why British renewable energy is strategically important. They are, safety of supply, price stability and developing 21st century industries. These are central to the national interest. Safety of Supply The Royal Navy protects British shipping … Continue reading

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Book Review: David Graeber ~ Bullsh*t Jobs: A Theory (2018)

Freakonomics (2005) unleashed populism amongst university professors. They realised they could sex up their academic work by judicious selection of the bizarre and get a best seller, fame and fortune. Graeber’s an LSE professor of anthropology has joined in. A … Continue reading

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Why the Labour Party is middle-class: George Orwell 1936

I am struck again by the fact that as soon as a working man gets an official post in the Trade Union or goes into Labour politics, he becomes middle-class whether he will or no…. by fighting against the bourgeoisie … Continue reading

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Book Review: Abhijit V Banerjee and Esther Duflo ~ Good Economics for Hard Times – Better answers to our biggest problems (2019)

It’s easy to feel intellectually intimidated by a book by two Nobel Prize winners and perhaps that’s the right response sometimes. On this occasion it isn’t.* This is a readable and homely book written in an accessible way. The ‘biggest … Continue reading

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