Category Archives: Economics

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

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Globalisation and Pandemics

Globalization, population growth, and urbanization have facilitated the transmission of infectious diseases. The complexity of global travel and global integration mean that any “patient zero” is now but a few degrees of separation from formerly isolated communities. According to medical … Continue reading

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Woody Guthrie on the meaning of poverty

“They can always think up a million nice good excellent reasons why it is better for you to go ragged and hungry and down and out and even in the dark, as long as it makes them a profit.”

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‘Greed is Good’ Speech

“The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed … Continue reading

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Voltaire on poverty

“The comfort of the rich depends upon an abundant supply of the poor.”

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Who said the class war has stopped?

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The long transition from Victorian technology

The transition from Victorian technology is accelerating. Their technologies are embedded into 21st century Britain, which has been shaped by them. The transition will be revolutionary, disconcerting and will be resisted by broad swathes of society. Background Victorian technologiesare pervasive: … Continue reading

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Commercialised Gluttony

For 25 years, Fat Boys Cafe [Croydon, London] has been serving up the Blow Out breakfast challenge. It consists of two sausages, six slices of bacon, a slice of fried bread, mushrooms, beans and 1.25kg of chips, and is thought … Continue reading

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Gambling as an Investment Option

Combining ‘Gambling’ and ‘Investment’ appears to be bizarre. After all, gambling involves unpredictable risk and the loss of all of your capital in one fell swoop. Investment, on the other hand, breathes the heady air of prudence and safety. This … Continue reading

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Greek Joke: 2015

Question: What does a Greek civil servant say when he gets his salary? Answer: Danke schön

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