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How Tax Rates have Driven Mass Impoverishment

A very impressive animation in the New York Times shows how US tax rates have changed since the 1950s. What used to be a very progressive system has become one in which the very richest pay the lowest rate of tax. It’s not the top 1% who do best, or even the top 0.1%, it […]

Protect Your Future

This is a transcript of my Presentation on 25th September 2019 at the Hereford Big Green Conversation. Thank you, Diana. And thank you all for highlighting these important issues. Before I get into tackling those issues, I thought I would remind you of the legend of Hercules and the Hydra. As you know, Hercules was […]

How Does Austerity Stack-up?

The British Medical Journal estimates that Austerity has so far cost 120,000 lives. How does this compare with other famous killers in the UK? Note that the scale below is logarithmic so that you can see all the figures on the same graph even though they differ by a factor of over 100,000. If this […]

Crisis? What Crisis?

The Government claims that there is no crisis in the NHS: it is spending more money on the NHS than ever before. And in cash terms this is true. True, but meaningless. Simply looking at the cash figures takes no account of: The way in which inflation diminishes the value of £1 over time; The […]

What would it Take to have Decent Housing?

An estimated 8.4 million people in England are living in an unaffordable, insecure or unsuitable home, according to a recent report by the National Housing Federation (NHF). That is one person in every seven. The crisis impacts all ages across every part of the country. The NHF research estimated that:  3.6 million people are living […]

Who Still Believes in Austerity?

The Chancellor of the Exchequer has declared that the era of austerity is over. And voters no longer believe in it. But what about the experts? Most economists never did believe it was wise, and they have not changed their minds – see here and here and here and here. The New Economics Foundation’s analysis […]

Shall we be Happy and Prosperous?

If you were running a country for the benefit of its citizens, you would want to see them growing happier and more prosperous year by year. If you were looking for models to follow, you would look at other countries around the world to see which, if any, performed better than your own on these […]

How to Fix Capitalism

Even The Economist, that bastion of free markets acknowledges that today’s capitalism has problems. But opinions differ widely on the nature of the solution to those problems: some think that capitalism is such a negative force that it should be replaced completely; The Economist thinks that we just need more competition; and many CEOs think that […]

Why so Desperate for a Halloween exit?

Why are the current cabinet so desperate to leave the EU on 31st October – even to the point of plunging the UK into the chaos of a no-deal Brexit and being in contempt of Parliament? And if they are, why not back May’s deal? Is it because, as true democrats, they wish to enact […]

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