Taken during a walk along The Backs in Cambridge this morning:
Britain’s oil, gas and finance curses
In 1993, the economist Richard Auty coined the term “resource curse” to describe the paradox that countries with abundant natural resources often grow more slowly
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Socialism and anti-socialism
I asked recently what term might replace neoliberalism as a descriptor of the economic ideas that many readers here find acceptable. The contrast I was
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The Alternative Budget 2025, Part 8: Abolishing national insurance
Rachel Reeves will be presenting her Budget on November 26, if the Labour government of which she is a part lasts that long. I will
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A black swan moment
I was driving to Welney to birdwatch and have a coffee yesterday, and suddenly saw a strange, large black bird in the fields to my
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Why the government is nothing like a household
Politicians constantly claim that the government must “live within its means”, just like any family. In this video, I explain why the household analogy is
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Does the US Congress know what socialism is?
This ridiculous motion was passed by the US Congress yesterday (since the Senate apparently approved this resoltuon by the House), timed as a snub to
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Economic questions: the Thomas Paine question
This is one of a series of posts that will ask what the most pertinent question raised by a prominent influencer of political economy might have been,
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Re-moralising economic life is not an optional extra
I noted comments from RobertJ and long-time commentator PSR on this blog recently about morals and the acquisition of money (as PSR put it), and felt it
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