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Category Archives: statistics
Three Men in a Boat syndrome: the use and abuse of statistics
I remember going to the British Museum one day to read up the treatment for some slight ailment of which I had a touch—hay fever, I fancy it was. I got down the book, and read all I came to … Continue reading
Posted in Health, Humour, statistics
Tagged Adverse effects, Aspirin, Diffundox XL, Jerome K Jerome, Lipitor, Medical statistics, NHS, Ramipril, Statins
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George Osborne’s Politicisation of Welfare in Britain 2010-15
The Coalition government 2010-15 effectively won the economic argument that the British welfare budget had ballooned out of control in the Labour era (1997-2010). This intellectual and political victory produced the brilliant rhetorical flourish from the Chancellor ‘We’re all in … Continue reading
Posted in Economics, Politics, statistics
Tagged Child benefit, George Osborne, Old Age Pensioners, Political bribery, Voting Patterns
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The Joys of negotiating coalitions: Belgium style
2007 Forming a government took 197 days 2010/11 Forming a government took 541 days Very few citizens of Belgium noticed that they didn’t have an elected government in place.
Posted in History, Politics, statistics
Tagged Belgium, Coalition government, Negotiation, Time lapses
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The Odeboyz* Behemoth Fund
Timing is impossible for making investment decisions in the Stock Market. The recklessly conservative investor takes this as a signal that successful investments can’t be made. They invest in 4% Pensioner Bonds. Fund managers have created ‘Tracker Funds’ for this … Continue reading
Posted in Economics, Humour, statistics
Tagged Diversified investments, Dividend, Investing, Pensioner Bonds, Risk
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Voting Rights Act (1965) and Ferguson, Missouri (2013)
Martin Luther King and President Johnson in reality ended the American Civil War with the Voting Rights Act (1965)*. The ‘real’ Civil War ended with the Northern States victorious 100 years previously. However, the embedded conflicts echoing down the next … Continue reading
How Economists Think: Victor Echevarria*
“…. whilst we don’t expect deflation, we do think inflation will remain in negative territory in the coming months.” *Spanish economist quoted in Wall Street Journal 30th July 2014 (Chris)
Posted in Economics, statistics
Tagged inflation, negative inflation, Victor Echevarria, Wall Street Journal
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