Tag Archives: opinion

Drucker & Social Responsibility


This week on Facebook: Last week in It’s only money! I quoted Peter Drucker, for those who may not be familiar with his works, and perhaps the younger millennials in particular, this week is devoted to my take on the man. On his death (aged 95) in 2005 he was described by a Bloomberg Business Week article as The Man Who Invented Management, I much prefer the subheading ‘Why Peter Drucker’s ideas still matter’. Read more of this post

It’s only money!


This week on Facebook: Trying to use last weeks post on Criminals & Taxation as a link to those that may follow at some point proved to be very difficult, the reaction of a public administration’s response to economic failure is more akin to investigative journalism than a short, singular, post. So this week I focused a little bit on factors relating to Government economic policy, with particular reference to Social Security and taxation in the UK. My post last week last week illustrated some of the financial disasters that can occur when a public administration overreaches its level of competence. In an earlier post on Debt & Taxation (2013) I began: ‘The role that economic theory plays in the creation of money and the role played by all politicians in the manipulation of economic theory for the purpose of a fiscal policy, bear little relationship to the social responsibility that Drucker applied to a private enterprise.’ Read more of this post

Criminals & Taxation


This week on Facebook: Sometime in July I read that the fraud scandal carried out at Lloyds bank took the police six years to investigate at a cost £7 million (excluding the cost of the trial). The case was dealt with by the Serious Fraud Office (SFO) which, regardless of its successes and failures, as part of the public sector, has an impact on a seemingly inexorable budget deficit. It was only casually reading about the Lloyds bank case that I decided to research some of the government’s financial losses¹ for which no one, and especially not a politician or apparently any other public servant is ever held responsible. Certainly some investigative journalism usually results in a story reaching the public, it may even create a furore for a time, but the government know that any furore will eventually subsided and its cause forgotten. Yet if you are taxpayer, and even if you are not, any financial loss by the government has an impact on your well being. For a right or left leaning government, such financial losses become an excuse for increasing government debt and austerity measures. Read more of this post

Aasof on Poetry


This week on Facebook: The final selection is an article on the subject of poetry, if not entirely bringing an end to my respite from matters economic and political, at least giving myself a break from them during the August holiday month. The subject of literature is very much influenced by personal tastes, which is reflected in my choice of poems here.

Last week’s post on essays was probably the one area where the subjects of English Literature and English Grammar overlapped when I was at school. Teachers bent on finding a budding essayists or perhaps a poet, expected us all to wax lyrical over all things. Yet, perhaps, the agony of reading terrible essays in English Grammar was nothing compared to the gauche attempts at poetry made in English Literature. I suspect that it was poetry that caused the unwilling writer and the unfortunate reader the most distress. Read more of this post

Aasof on Books


This week on Facebook: Follows on from the one I posted last week on cartoons and being more than just cartoons, I deciding to put the 35 funniest cartoons about ebooks and digital reading here. The access to books and ebooks¹²³ these days is phenomenal, but I do remember when it wasn’t always so and conditional on access to a good library. With technology offering access to digitised books through websites like Project Gutenberg, The Library of Congress and Project Muse, a new world has been opened. But where to start this post? Perhaps the blacklisting of Winnie the Pooh in China is a good place, especially as the article was really an homage to the bicentennial of Jane Austen’s death. Read more of this post

Aasof on Cartoons


This week on Facebook: This week’s post on cartoons is prompted by Monday’s article on Peanuts Philosophies but if you click on the link Charles Schulz claims that it was humour and not philosophy that led to the creation of his cartoon characters in Peanuts. I hold the view that a cartoonist must also be a philosopher, perhaps even (as one cartoonist claims) an epistemologist. I intended a single post on literature but when, like Topsy, it had grown to include cartoons, books, essays and poetry I decided to spend a week on each of them all. This week is cartoons and includes those that have historically appeared in newspapers or satirical magazines, it also includes a talk on the history of British cartoons and caricature.  Read more of this post

A Quality of Life


This week on Facebook: I was going to add a comment to Colin’s remark that life without quality of life has no value, instead it made wonder what was meant by a quality of life. The remark was made in response to Charles’ post Do English Courts Really Believe in the Sanctity of Life?   It seems to me that the sanctity of life and the quality of life are both ethical issues in which some may find, or seek, a correlation. However, I found that the sanctity of life focused more on a spiritual connection, which certainly lead to a personal view. A search for a quality of life was more objective but the questions raised could apply to either. Read more of this post

The Deep State & War


This week on Facebook: I returned to the subject of the Deep State, prompted by three posts on The Burning Platform. It’s difficult not to become a conspiracy theorist when reading articles on the internet, to the point at which I no longer know if I am one or not. I know that I tend to focus on those articles that support my particular views, whether or not they lead me to support a conspiratorial view is something that I’m unsure about. I post those articles that I think have at least some truth to them, and the notion of a Deep State is one of them. The problem comes in discerning the truth, which means usually widening a search of the internet, but searching for the truth on the internet is akin to searching for the holy grailRead more of this post

All that glisters…


All that glisters is not gold… [The merchant of Venice — Act 2 Scene 7]

Finding an article that included a simple link to cryptocurrency in support of my linking sixteenth century Spanish bullion to modern mercantilism and the desire of a sovereign power to maintain authority over what is now its fiat money was difficult. I eventually concluded that I had write my own. Debasement of the currency is the inevitable result of abandoning a monetary standard¹ that limits the money supply (or commodity money), giving credence to Keynesian economics and Modern Monetary Theory (MMT)². Read more of this post

Cryptocurrency bubbles and money


This week on Facebook: Debasement of the coinage was rare in Greek history with the notable exception of Dionysius of Syracuse. The Byzantine economy was assumed to have a sound fiscal policy but in the eleventh century emperor Michael VII earned the nickname “Parapinaces” or “minus a quarter”, because the gold nomisma was debased by that amount but little is made of the continuous debasement of the Roman denarius, The enforced sale of the monasteries failed to solve King Henry VIII’s  financial problems, earning him the nickname ‘old copper nose’ during his great debasement. In a fiat money world debasement by fiscal policy is the norm and has perhaps in part (if not entirely) accounting for the intended use of cryptocurrency as fiat. Read more of this post

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The Real Economy

Hello, I’m Ed Conway, Economics Editor of Sky News, and this is my website. Blogposts, stuff about my books and a little bit of music

Public Law for Everyone

Professor Mark Elliott

Bleda

Am I my Brothers keeper?

An Anthology of Short Stories

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davidgoodwin935

The Short Stories of David Goodwin (Capucin)

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

Hello, I’m Ed Conway, Economics Editor of Sky News, and this is my website. Blogposts, stuff about my books and a little bit of music

Public Law for Everyone

Professor Mark Elliott

Bleda

Am I my Brothers keeper?

An Anthology of Short Stories

Selected by other writers

davidgoodwin935

The Short Stories of David Goodwin (Capucin)

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