Ed Balls doesn’t understand basic economics
In my industry, which is video games, large numbers of technical staff (who UK taxpayers had paid to educate) left to work in Canada and pay their taxes there. This […]
Economics
When I was young
World War Two ended with VJ day on August 15 1945. I was born 7 years later in August 1952. In Britain those 7 years had been wasted with a […]
MP salaries need to be doubled
When you first learn economics you are taught the basic laws of supply and demand. How there is more supply as things become more expensive. It is what has driven […]
British immigration can be brilliant
We are all immigrants, or descendants of immigrants. Britain was under ice and snow till about 10,000 years ago, so all our “native” heritage has been created since then. The […]
What have trade unions done for Great Britain?
Firstly the executive summary: Trade unions have destroyed jobs, companies, whole industries. Their economic effect on Britain has been profound and disastrous. We are all far worse off because 0f […]
Why UKIP are in big trouble for the 2015 General Election
Just recently the BBC have been giving UKIP massive coverage, you would think that it is the second coming. Nigel Farage seems to be on every programme possible and […]
Britain’s greatest ever Prime Minister
Margaret Thatcher was immensely popular, winning three consecutive General Elections with substantial majorities, despite making lots of hard decisions which upset entrenched vested interests. She made Britain a better place […]
US and UK debt made simple
I found this on a discussion forum. Remove 8 zeros from the US national figures and show it as a household budget. • Annual family income: $21,700 • Money the […]
The Tea Party explained
Through the 1970s and 1980s in Great Britain we had an even nastier kind of socialism than usual (which takes some doing) called Militant Tendency. They were so bad and […]
Sarkozy and Merkel fail again
As discussed many times before on the blog the creation of the Euro (the world’s biggest currency) allowed counties to behave differently than when they had their own currencies. It […]
Sell in May and go away…………..
In an open market price is driven by just one factor, and that is sentiment. Mathematicians can use computers to come up with wonderful models, but at the end of […]
Libertarianism, the cure for our financial problems
There are two different ways to run a society, socialism and libertarianism. With libertarianism people are allowed to keep most of the money that they earn, they can then make […]