Kali Yuga

The level of economic understanding has never been lower My last essay focused on the sheer insanity of current pseudo-Conservative policies. I sent it out on the “Going-Postal” blog platform, and was rewarded with some [more…]


“Waste not, want not”

 This proverb spells out the link between waste and impoverishment. Economic Perspectives 112 highlighted the inevitability of massive waste of public money when government expenditure is not susceptible to economic calculation. ”Would I sanction this [more…]


Reality begins to dawn

Shortly before the Chancellor’s Spring Statement, BBC2’s “Newsnight” featured Kirsty Wark interviewing two economic experts, one Conservative, one Labour. She asked each of them to describe the measures they would recommend to the Chancellor, Rishi [more…]