Tag Archives: gdp

Cassandra on Climate Change


This week on Facebook: I think that action on climate change (which I have been writing about) is a euphemism that enables people to write about the effects of Mathusianism, particularly when comparing economic growth and climate change. Not only is Malthusianism influencing world populations, it is increasingingly being used as a political weapon. A Malthusian catastrophe (in this case) precipitated by an Anthropocene Epoch which not even Thomas Malthus foresaw — a Malthusian world tied together more by individual  concerns over economic growth of their State, rather than the ideology of climate change. Read more of this post

UK Pensions & Politicians


This week on Facebook: Politicians in the UK (and elsewhere) apparently assume that economic recovery is achievable through austerity and a reduction in public debt. However, a self-serving governing elite ensure that deficit financing ensnares us all while they remain immune to the austerity measures imposed. This is particularly true of pension inequality when UK members of parliament have their pensions determined by a notionally¹ Independent Parliamentary Standards Authority (IPSA). Read more of this post

Public Investment?


This week on Facebook: In 2008 I wrote an article about privatisation under a New Labour government, in which The Guardian newspaper figured prominently. Some eight years later I am still writing about the sale of pubic assets, with the media on the left now writing in support of a ‘Labour’ opposition party and highly critical regarding the sale of public assets. At least this time around The Guardian has been more honest, if still remaining somewhat circumspect↔ about the part that the New Labour Administration played in the sale and funding  of public assets (1). Read more of this post

Public Debt


This week on Facebook: As I posted in Cassandra on debt and as I had previously conclude in my 2013 post Crisis and Credit, the issue of public debt is used as an excuse for a fiscal policy of austerity measures, yet it is private debt that is behind the fiscal crisis. The State (particularly in the UK) does more to encourage private debt than to control it. Conversely the State continues with its fiscal policy of increasing public debt¹, something that I wrote about in Debt, the prolific mother (2012). Read more of this post

Cassandra on debt


This week on Facebook: I can’t think of an answer to a financial dilemma constantly driven by political imperatives and am not so conceited that I would ever try to suggest one¹Regression at my age is a common occurrence and my diffuse dissatisfactions increase day by day, with my belief that the world “is going to hell in a handcart”. On becoming an octogenarian next May what other view would I hold! Perhaps my interest in history is an expression of that regression. I constantly regard events as being a case of “one step forward two steps back” and history replete with stories of debt.  Read more of this post

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

The New Silk Road


This week on Facebook: When I first read about The Great Firewall of China I concluded that it was a model that most States would try to find a way of emulating, the rationale being that it was the first step towards securing the political supremacy of a governing oligarchy under the pretext of a democracy. Now China has launched The New Silk Road¹ (OBOR: One Belt One Road) and notionally democratic governments find themselves not only having to consider a trade war with China, but to seriously consider China’s political model as representative of the future. 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)

Read more of this post

Tax Havens: A Red Herring?


Today on Facebook: Humour? Enough already — tomorrow (Monday) is the first day of the New Year and may 2018 be a prosperous one for you all! Read more of this post

Fiscal Policy and the NUM Pension Fund


This week on Facebook: Last week’s post was about pensions  and the political fiscal chicanery that successive governments have adopted to steal pension funds and hide their connivance in keeping public sector pensions ‘off the books’. On Sunday I posted a short exert from the television series ‘Yes Minister’, which indicates that the public sector pensions deficit is not a new political issue. What is rarely written about is the financial burden of the funds required to service the pensions of politicians, but perhaps more importantly, how the pensions and contributions of politicians are not subject to the same vagaries as other pensions. Read more of this post

The Land Is Ours

a Landrights campaign for Britain

The Bulletin

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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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