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Government Spending

Economics

The Distraction of the “Gross National Product” Economic Metric

9th September 2025 Patrick Barron 0

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…]

Business

There’s no mystique about growth? – But step-one is to restore sanity

25th March 2024 Emile Woolf 0

Over the years, my essays have charted the government’s descent from an ignorance of economic principles, all the way to sheer insanity. And there can be no reprieve while the public mind festers in the [more…]

Economics

Economic Illiteracy and Dogma: this Budget encapsulates it perfectly

11th March 2024 Emile Woolf 0

As usual, the meaningless minutiae of tax-fiddling in last week’s budget stole the headlines and obscured what’s really going on. It would help if the linguistics were clearer: a tax “cut” should simply refer to [more…]

20th Century

The Fallacy of Calls for "A Manhattan Project" to Solve National Economic Challenges

21st July 2022 Patrick Barron 0

The World War II project to build an atomic bomb is seen by many as a template for government action to solve what appear to be national economic problems beyond the scope of private enterprise. [more…]

Emile Woolf, Going Postal
Business

Economic consequences – always ask: Who benefits?

2nd November 2020 Emile Woolf 0

Things don’t just “happen”. Everything in the passing parade of phenomena is the result of something that preceded it: this is the world of cause and effect. Those appointed to hold the levers of power [more…]

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Elsewhere on GP

  • The Past is Present, Chapter Ten

    14th June 2025 0
    Collecting a coffee on the way, he knocked on Jane Goodley’s office door. He waited to be called in. She was pouring him a coffee as he entered. Seeing him she asked if he still [more...]
  • Drawing With Pastels

    30th April 2023 0
    In part two of this series I’d like to introduce the joys and messiness of drawing with soft pastels. The pastels I use are chalk based, although some are oil-based and therefore more like crayons. [more...]
  • Larry’s Diary, Week Three Hundred And Twenty-One

    5th April 2026 0
    Monday Good morning, my friends. It’s quite nice out this morning, with high cloud and watery sunshine. The forecast says the really good weather has gone for a bit. What a pity, I was enjoying [more...]
  • Inflation Explained

    29th November 2022 0
    Many people are confused about inflation, unsurprisingly because politicians & Central Banks want you to be confused. Let me give a few pointers, a quick glossary if you will. Monetary Inflation This is base camp [more...]
  • Jinnie’s Story – Book Six, Chapter Thirty-Three

    6th June 2024 0
    The day following the office viewing, Jinnie was in her garden office, when she took a call from the commercial property agent, who said he had been talking to the landlord and made a reduction [more...]

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