Economics
Great Expectations (of Free Money)
‘It was the best of times, it was the worst of times.’ So begins Dickens’s A Tale of Two Cities with a line that might apply as much to the modern-day state of British welfare [more…]
Tax
Animals
Larry’s Diary, Week Two Hundred And Eighty-Six
Monday Good morning my happy readers, it is dry and a bit warmer this morning. The Donald isn’t messing about with the illegals in California. He hasn’t hesitated to send in the National Guard to [more…]
Animals
Larry’s Diary, Week Two Hundred And Fifty-Six
Monday Good morning from a dry but grotty Westminster. It looks like it’s going to rain at any moment, but the forecast is for a dry day. Today’s big question is, did the Camel actually [more…]
Authoritarianism
Harambee! Harambee Tena!
The first ever fundraiser in Kenya took place in December 1928. It has been 96 years but we still say, Harambee!!! October 1, 2024 The year is 1926. Kenya is under colonial rule. Natives in [more…]
21st Century
Smartphones and Dance-Moves
In May, there were public discussions on the Finance Bill and although concerns were raised on taxation of essential services and other issues connected to it, public participation became a facade and concerns of taxpayers [more…]
21st Century
Kenya’s Protests Are Different This Time
On 25 June 2024, a youth-led protest primarily composed of Gen Zs, as they are popularly referred to, stormed Kenya’s parliament. Legislators voted to pass the Finance Bill 2024 in its third and last reading [more…]
Economics
The Missing Factor in Liz Truss’ Economic Recovery Plan
Despite much anticipation the economic recovery plan proposed by Britain’s new prime minister, Liz Truss, is missing one key ingredient that will ensure its failure–spending cuts. The new “temporary budget” presented by her Chancellor of [more…]
Authoritarianism
Modern Monetary Theory is an old Marxist Idea
There is nothing new under the sun Modern Monetary Theory, or “MMT”, has been getting a lot of attention lately, often celebrated as a revolutionary breakthrough. However, there is absolutely nothing new about it. The [more…]
Business
Campaign promises, and a dose of reality
As my regular readers know, most of my essays are forays into challenging economic issues. They reflect my own attempts to gain an understanding of their underlying principles. But there’s a lot riding on the [more…]