Some things were not on my bingo card for yesterday. One was that I would agree with Donald Trump. During his visit to Ireland, he
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Why is AI so frightened all of a sudden?
As the New York Times reported last night: The chief executive of Anthropic, the company behind the Claude chatbot, called for a global slowdown of
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The Culture of Contentment
John Kenneth Galbraith was one of the great economists of the twentieth century. In The Culture of Contentment, published in 1992, he offered a warning about
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When GDP growth might kill
As The Guardian has noted this week: Artificial intelligence could kill off humanity within the decade, according to three researchers with the industry giant Anthropic, one of
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Home time
A very productive week has ended. Thomas was on holiday. So was I. We were in Blakeney in Norfolk. And yes, I wrote for at
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What if labour was not a cost?
I have been thinking about something that is so obvious within conventional accounting that almost no one thinks to question it. It is the assumption
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Understanding economics: What is inequality?
Inequality is about much more than the difference between what one person earns and another. It is about income, wealth, opportunity, security and, ultimately, power.
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The world economic crisis is developing
Another of my predictions is coming true. It is being reliably reported that the Houthis in Yemen have taken control of access to the Red
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Accounting and entanglement
There is an old story about a client who visits their accountant and asks, “What is two plus two?” The accountant replies, “What would you
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