Category Archives: Economics

Britain’s Old Age Pension: From altruism to bribery

The Old Age Pension Act (OAP), 1908, was an altruistic reward for good paupers. It was intended to give dignity to their final years but it wasn’t an entitlement. There were eligibility rules to be met before receiving the OAP. … Continue reading

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A Trade Unionist has a Nightmare

Jim is reporting back to a mass meeting. “Brothers! I think you will want to approve the outcome, which was the result of many hours of gruelling discussions.” First. The management have agreed an 8% pay rise with three months … Continue reading

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Nigel’s Triumph

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A Windfall Tax on Owner-Occupied Houses

Why are we taxing working people more than billionaires? Tax wealth, not work.  Gary Stephenson author of The Trading Game (2024) Capital Gains Tax (CGT) is paid on houses that are usually called buy-to-let.1 When sold, they are subject to … Continue reading

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Need I say more?

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Dick Gregory deals with a racist audience

He was accidently booked by the Playboy Club, Chicago to play a convention of white businessmen…..It was a matter of moments before a refrigerator salesman had stood up and called him the N… word. The comedian responded by saying that … Continue reading

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Big Pharma loves lifestyle illnesses

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Book Review: James O’Brien ~ How they broke Britain (2024)

James is a superb radio talk show host on LBC. He’s perceptive and insightful and listens to people who are uninformed in comparison to him. Although he’s combative he is prepared to discuss issues. A star no less. His book … Continue reading

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John Sinclair on American Socialism

Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires. Quoted in James O’Brien How they broke Britain p221

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The Cost-of-Living Crisis: Designer Chocolate

“My current favourite is Rozsavolgyl Csokolade – Sur Del Largo, £9:95/70gr, Venezuelan beans, made in Hungary; this bar is ‘beautifully balanced’ – the notes say so and I agree. Very classy, so tasty and elegantly wrapped.” Annalisa Barbieri Observer Magazine … Continue reading

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