What We Can Afford
The notion of unaffordability has been an extremely potent weapon for market fundamentalists. If we can’t afford to do something, it doesn’t matter how desirable it would be to do […]
The UK and the Rule of Law
We recently wrote about the existence of threats to democracy and the rule of law in the UK, drawing particular attention to the Internal Market Bill. Many members wrote to […]
How Did We Get Into This Mess?
The government’s rhetoric in relation to its handling of COVID has been superlative – in the literal sense: they have used superlatives to describe their performance. Johnson described the UK […]
Time for a New Picture of the Economy?
The conventional picture of how the economy works as shown in economics textbooks depicts a beautiful self-regulating system of supply and demand, which constantly seeks an equilibrium that ensures optimal […]
Imperial College Presentation on The World post-COVID
This is a transcript of the presentation Mark E Thomas gave to the Imperial College MBA students and Alumni on Thursday 8 October 2020. We hope to have a video […]
Is Sunak the new Mellon?
In a speech to the House last week, Rishi Sunak explained his thinking on how to protect businesses, jobs and the economy as a whole: “Our economy is now likely […]
Saving Democracy
Democracy is the worst form of Government except for all those other forms that have been tried from time to time – Winston Churchill The UK, of course, is a […]
Money for Nothing?
This post has now been updated (29/10/2020). Even though the total value now exceeds £1 billion, it still does not give the complete picture. The Good Law Project recently identified […]
Where Do the British Get Their Information?
This is a difficult time for any Government. They have all been hit by COVID-19 and have had to work out a complex response, not only protecting the lives of […]
Three Myths of Meritocracy
The Merriam-Webster dictionary defines merit as follows: Merit (noun) 1a: a praiseworthy quality : VIRTUE But originality, as it is one of the highest, is also one of the rarest, […]