Category Archives: Economics

China & USA debt


This week on Facebook:  Posting an article on ‘Xi Jinping’s Vision for Global Governance by Kevin Rudd’, prompted a colleague in the USA to remark that perhaps China was not as financially stable as was assumed and that the tariffs introduced by President Trump are to China’s disadvantage. Another colleague in the USA probably shares that view and would add to it the financial, military and political superiority that is assumed by the USA. Yet it the Western World’s hunger for a continuance of their debt based economic growth that led to the post WWII hegemony of the USA is now being challenged by China. Read more of this post

Protected: The Economics of Luxury Goods


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China Brazil a perspective


This week on Facebook: I  often publish pieces that I am sure will be of little interest to whomsoever may read my articles, and so it is with this piece that I was drawn by some remarks that were made to me. I have written elsewhere about China’s ‘Belt and Road’ initiative and made frequent references to the Chinese Premier Xi Jinping. I am of the view that the Western World who — when they think about non-fictional history all — have a superior attitude regarding their global influence. This may have been justified prior to the advances in technology, essentially computerisation, the internet and other advances in IT, but not any longer. Read more of this post

Cassandra on Money & Debt


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Which Fossil Fuel?


Sunday on Facebook: My wife reads the daily newspaper, once described by the Duke of Edinburgh as being “Bloody Awful”. I have eventually been persuaded to change my car and find that my wife is opposed to vehicles that use diesel for fuel. No! She’s not a rabid environmentalist, my eventual research into why she holds such views turns out to be the reality of banning fossil fuelled ‘new cars’ in 2040. Any ban on new vehicle fuels is likely to apply to all fossil fuelled vehicles. Being driven by a ‘political hope’, or perhaps more aptly — by ‘political wishful thinking’ — that the energy source of declared environmentally friendly powered vehicles will not ultimately create a comparable amount of environmental pollution.  Read more of this post

Cash is subversive (2)


The following is a brief extract from ‘Big Brother Loves You!’ by Detlev Schlichter in which he rails against fiat money and the creation of debt something that I touched on in A Universal Debt. Commenting on the trend towards interventionist policies and assertive state action, The Economist and the Financial Times talk of the trend towards ‘repression’ and ‘national capitalism’ in crisis management. The public believe that greedy bankers and ‘unfettered capitalism’ brought about this crisis. Yet cheap credit through state fiat money and the systematic subsidisation of the housing market, are not features of the free market but of politics. Read more of this post

Inequality & Economic Growth


This week on Facebook: While listening to a lecture by John Maynard Keynes the famed economist, Peter Drucker realised that Keynes and all the brilliant economics students in the room were interested in the behaviour of commodities while he was interested in the behaviour of people. An epiphany that would eventually lead to his career as a management consultant. Nevertheless, both sought an approach to economic growth that addressed income inequality without advocating that income be distributed equally. Read more of this post

Wealth & Prosperity


This week on Facebook: Is prosperity and wealth the same thing I asked myself a year ago and concluded that it depended on how you defined each word and who that definition applied to:

Oxfam thinks that $8-coffee-drinking millennials with student debt are amongst the world’s neediest and they are if you define wealth without taking into account its context. A millennial who can indulge in an $8 cup of coffee may not be wealthy but is certainly prosperous. The Scramble for Growth! (Aasof’s Reflections)

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Global Inequality


This week on Facebook: In September 2016 I posted Inequality & Gini Lorenz, perhaps it was this post that led to an acquaintance finding himself embroiled in discussions about (essentially) wealth distribution. This eventually led to my publishing A Quality of Life in July 2017.

Last week my post on Henry George & Global Inequality, convinced me that global equality, or even a national equality, is not a goal that voters in democratic elections strive for. While there is a lot of media coverage given over to global inequality there is little indication that it has prompted any mass national desire for equality. Read more of this post

Henry George & Global Inequality


This week on Facebook: Has been given over mostly to Henry George, in his heyday Henry George was very popular, with his ideas inspiring passionate debate among young intellectuals. After George published Progress and Poverty in 1879, a political movement grew in the United States around his work. The notion that Henry George promoted of a Land Value Tax (LVT) has now become a global issue, with the Henry George Foundation having offices in many countries. Read more of this post

The Land Is Ours

a Landrights campaign for Britain

The Bulletin

This site was created for members and friends of My Telegraph blog site, but anyone is welcome to comment, and thereafter apply to become an author.

TCWG Short Stories

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The Real Economy

Blogs and stuff from Ed Conway

Public Law for Everyone

Professor Mark Elliott

Bleda

Am I my Brothers keeper?

The Land Is Ours

a Landrights campaign for Britain

The Bulletin

This site was created for members and friends of My Telegraph blog site, but anyone is welcome to comment, and thereafter apply to become an author.

TCWG Short Stories

Join our monthly competition and share story ideas...

The Real Economy

Blogs and stuff from Ed Conway

Public Law for Everyone

Professor Mark Elliott

Bleda

Am I my Brothers keeper?

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