Somalia’s recent history is also a tale of grave miscalculations made by foreigners in a very foreign land. Knowing nomads happily demonstrated their supremacy and disdain for outsiders, the so-called fruits of civilization were not [more…]
One of Say’s Laws holds that “we produce to consume”. This is certainly the underlying theme of the Industrial Revolution with its accompanying exponential growth in production of technology, communication, and energy utilization. While private [more…]
Eleventh in a series by my uncle John Alldridge. This article first appeared in the Derby Evening Telegraph in February 1968 – Jerry F Nobody who caught the gold fever ever quite recovered from it. [more…]
Monday Good morning everyone and welcome to another week in Number 10. I work up late this morning, I think I slept longer because I watched the football on the office TV in the afternoon [more…]
Jinnie was up early, she had fed and changed the twins who were now peacefully sleeping. She had also fed a persistent Larry and was wondering whether to return to bed to try to get [more…]
The middle class in the West has been shrinking for years, but after the covid crisis and especially after the inflation explosion, whatever was left of it is now basically under threat of extinction. This [more…]
7th December – At Sea I can hardly believe that today is the 7th day of my cruise time is flying by. We are heading on a course of 244°, approximately south westerly and it [more…]
Some more on the background context of how Kenya got to where it currently is. The presidential contest election was effectively a two-horse race between Deputy President William Ruto and veteran politician Raila Odinga. Neither [more…]
Banking came up with its own methods of inflating the supply of legal tender-fiat money, fractional reserve lending. A bank comes to know (a version of the dispersal of knowledge of the market) how much [more…]
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