Inflation Hysteria

This is a companion article to Debt Hysteria. If you have not already read that article, you may wish to do so before reading this one. Governments around the world have increased their spending in the wake of the coronavirus. Their tax revenues have also declined sharply. As a result their borrowing has gone up […]

Debt Hysteria

Tackling the coronavirus has caused many countries, including the UK, to institute a lockdown. That lockdown has had a profound effect on the economy and as a result the UK government has both spent more and received less in taxation than it had expected. Of course, this has resulted in a significant increase in government […]

What Sort of World Shall We Build After the Virus?

Below is a transcript of the presentation Mark E Thomas gave on Wednesday, 20 May 2020. There is also a video recording of the event in three parts. You can view the First part of the presentation here. You can view the Second part of the presentation here. You can view the Third part of […]

What Sort Of World Should We Build Afterwards?

A Virtual Event on Wednesday 20 May 2020, From 7:30pm with Mark E Thomas   You can now see the transcript and videos of this event here.   The coronavirus has changed everything. And of course, there is still a lot of uncertainty about how it will end. But it has also shown us – […]

Coronavirus: It’s not the Economy vs Public Health

This is a guest article by two of the UK’s leading public health researchers, Nisreen A Alwan, Associate Professor in Public Health and Nida Ziauddeen, Senior Research Assistant in Public Health, both of the University of Southampton Protecting the economy versus protecting health is a false dichotomy. However in the context of ending the lockdown, they […]

Fixing the Deal

Most millennials believe that the baby-boomer generation had it easy, and that unless something changes, their own life chances will be much less rosy than their parents’. Not everyone is persuaded that they are right. Some believe that – given that most 20-year-olds walk around with more computing power in their pocket than NASA could […]

Who are the high-value people?

The distribution of income in society is controlled by a natural law, [which] if it worked without friction, would give to every agent of production the amount of wealth [added value] which that agent creates.   J B Clark J B Clark suggests that there is natural law, the so-called ‘law of marginal productivity,’ which […]

What Would Be A ‘Good Result’ For The UK’s Death Toll?

“At too many companies, the boss shoots the arrow of managerial performance and then hastily paints the bull’s-eye around the spot where it lands.”   Warren Buffett Stephen Powis, the Medical Director of National Health Service England commented in late March that keeping the death toll from coronavirus under 20,000 would be a “good result.” […]

Interview with Mark E Thomas

The 99% Organisation’s London Group Chair, Paul Bradford, took time out to pose a few challenging questions to Mark. Here are his questions, and Mark’s answers.   PB: We are now looking at a huge level of government debt post the crisis, well above the level at the time the book 99% was written. But […]