Category Archives: Finance

The Transition from Workhouses: the 1930s

By the 1920s the workhouse system was anachronistic. Democratic reforms in 1918 meant wealth was no longer a qualification for the franchise. The 1929 reforms of relief of the poor led to the formation of Public Assistance Committees. This didn’t … Continue reading

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Brexit, Northern Ireland and Unification

The 2016 Brexit referendum aggregated all UK votes into a single total. England’s majority swamped the Scottish, Welsh and Northern Irish vote, which immediately cast a doubt on the idea of a shared political identity. Brexit’s authority however depended on … Continue reading

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Hitler’s nightmare: Henry Morganthau’s plan

Henry Morgenthau was Roosevelt’s Secretary of the Treasury from 1934. To Hitler he epitomised ‘World Jewry’. He was Jewish Wall Street royalty, a close friend and colleague of Roosevelt. He rescued the US economy by ‘Keynesian’ financing of the New … Continue reading

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Film Review: American Factory (Netflix) (2019)

This brilliant documentary won the 2020 Oscar. Unfortunately it’s only on Netflix. If you want to see it sign up for a months free trial and then cancel. The 2008 banking crisis consumed GM’s factory in Ohio. A few years … Continue reading

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Recycling, Craftsmen and Bonuses

In the 1970s I worked for Hackney Council at the Defoe Road Depot, as a plumber. Once I was paired with George the roofer, and his labourer Tom. We had to strip and renew an ‘up and over’ slate roof … Continue reading

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The new economic world for OAPs

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SS-Obergruppenfuhrer Heydrich’s widow: an unrepentant Nazi

The German authorities, too, turned a blind eye to the Heydrich case. Lina never stood trial for the maltreatment of her slave labourers in Jungfern-Breschan. On the contrary, in the context of the so-called de-Nazification process, she was officially cleared … Continue reading

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A couple of drinks at the Ritz

Gordon and his wife went to the Ritz where they had a whiskey and a gin and tonic. After sitting for a while enjoying the ambience they decided to leave. Gordon called over the waiter to settle his bill. He … Continue reading

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The generosity of billionaires

Amazon CEO Jeff Bezos made headlines earlier this month with his donation of $690,000 to the Australian wildfire relief effort- a sum roughly estimated to equate to less than five minutes* of his earnings. * For someone on £40,000 this … Continue reading

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Gordon Brown’s* Aspiration to End Childhood Poverty, 1997-2010

Gordon Brown became Chancellor after the Labour landslide of 1997. His aspiration was to end childhood poverty and no one would ever have a better opportunity. The Conservative party was in utter disarray and both he and Tony Blair commanded … Continue reading

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