There is a certain kind of British conversation that takes place in a quiet room with two cups of tea going cold on the table, the kind where one man tells another that the country [more…]
Most people believe World War II ended in 1945. In reality, its most important consequences were only beginning. The fighting stopped. The maps were redrawn. The narrative was presented as settled—and fixed in place. But [more…]
Annual US public spending has been in deficit for decades. As a result total US debt continues to increase year after year with no end in sight. Well, the end may not be in sight [more…]
For the second time, Kenya has pressed its palms against the cold marble of the IMF and the World Bank, asking the same architects of global austerity to diagnose wounds we have spent time inflicting [more…]
US Senator Rand Paul of Kentucky has introduced a federal spending restraint bill, called the “Six Penny Plan” that may actually work. The basic concept is simple. Each year for the next five years Congress [more…]
References to ‘GDP’ proliferate in the business press and news. Perhaps it’s worth considering what it means. The letters stand for ‘Gross Domestic Product’, intending to signify the entire output of the economy of a country: the outputs [more…]
For many years now it seems that the state of a nation’s economic health has been reduced, at least in the mainstream press, to one metric—Gross National Product (GDP). Despite rising prices, increasing public and [more…]
On my list of recommendations in YouTube the other day was an extract from TalkTV. It was a discussion between presenter Peter Cardwell and Liam Halligan. You may remember Liam, he had his own show [more…]
Plans are afoot to change Surrey County Council into a Unitary Authority. What this means is merging the 11 District Councils into the County Council . This should result in efficiencies and savings. Oh my [more…]
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