Category Archives: Economics

Rachel Reeves and Competence

Rachel Reeves is incompetent because she misunderstands her role. She thinks being an economist is an advantage as Chancellor of the Exchequer.Her MSc in economics is irrelevant to being Chancellor.1 She’s been appointed as Chancellor to implement Labour’s economic policy … Continue reading

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

A quick route to poverty

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

A cosy night in

Jim and Sarah were watching TV when he got up and left the room. After a couple of minutes, he came back in wearing a coat, hat and scarf. “Are you going out Jim?” “No. I’ve turned the heating off.”

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

Britain’s most expensive house in understandable money

The most expensive house in Britain has been sold for £139m1 £139m is a figure which is very difficult to understand for ordinary people. So! This translation might help. £139,000,000 divided by a thousand pounds per day is 13,900 days … Continue reading

Posted in Economics, Finance, housing, statistics | Tagged | Leave a comment

The Economics of Transplant Surgery: Britain 2025

The problem: There are 8,096 people on the active transplant waiting list.1 The solution: There were 568,613 deaths, who were potential donors, in Britain in 2024.2 Discussion There is a tragic mis-match between people needing transplants and supply. Transplants are … Continue reading

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

State Sponsored Tax Avoidance: Britain in 2025

It’s crazy that a government could sponsor tax avoidance but the British do precisely that. Nearly a trillion pounds is shielded from taxation. This policy has incentivised those with disposable incomes to exploit what has become a bonanza. A unique … Continue reading

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

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

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

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

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

Nigel’s Triumph

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

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

Posted in Economics, Finance, housing, statistics | Tagged , , | Leave a comment