December 2014

The Scottish problem is getting worse

Let’s firstly take a look at the facts: The YES campaign in the Scottish referendum LOST. Democratically. They are ignoring the fact that the majority of Scottish people voted against […]

Foodbanks explained

Man benefits enormously from being a social animal. Division of labour, markets and capitalism have allowed us to build an amazingly prosperous modern society. A part of this is our […]

Let’s start with a brilliant video featuring Arthur Laffer, one of the world’s very best Economists. Although it is about the USA, the lessons learned can be applied to any […]

How to better manage the British economy

One huge problem that the Chancellor has is that virtually all his policies presume the UK to be one homogeneous economy. That  Drumchapel, Easterhouse and the Gorbals are just like […]

Gini Coefficient is often silly

For those who don’t know, the Gini coefficient is used to measure equality of income. With a coefficient of zero everyone has exactly the same income. With a coefficient of one […]

Productivity is King

When I was young a doctor or lawyer was materially poorer than a lifetime, dependency culture chooser is today. We take devices like washing machines, televisions and fridges for granted. […]