Category Economic Growth

COVID-19 | A VERY BRITISH TYRANNY


The principal reason I write about anything at all is to help shape my understanding of topics of interest to me. If in so doing your own understanding of the topic in question is also shaped in some way – possibly not in the same direction as mine – then that’s a good thing. The […]

CORONAVIRUS | THE CALM BEFORE THE STORM


This is the second post in a mini-series of three. In the first post I wanted to scope out what I thought could be the Covid-19 worst-case scenario. In this post I want to build on that theme to understand if the worst-case scenario is more or less likely to unfold. I’ve written this in […]

CORONAVIRUS CONTINGENCY PLANNING | WORST-CASE SCENARIO


This is another mini-series of three posts looking at contingency planning for the Covid-19 pandemic should the health, socio-economic and geopolitical situations deteriorate. This first post describes what could be a Covid-19 worst-case scenario. The second post will look at the positive side of the pandemic and how our quality of life could conceivably be […]

CORONAVIRUS | WHERE’S THIS HEADING (PART 3)?


A Long Read This post is the final one in a series of what’s turned out to be four parts (1, 2A, 2B and 3) contemplating the economic, political and social implications of the Covid-19 pandemic. The perspective I’m sharing here is held by people whom I refer to as ‘alt-economists’; I suppose I’m one […]

CORONAVIRUS | WHERE’S THIS HEADING (PART 2B)?


This is Part 2B of what will now be a four-part series of posts; things are changing rapidly. We’re interested in the extraordinary impact of governments’ reactions to the Covid-19 pandemic. Some of us consider that, as grim as Covid-19 could be (and for now that remains arguable without meaningful data and in the context […]

POWERING CIVILISATION (PART ONE)


‘Energy is vital to civilisation. In fact, all of human history can be viewed through the lens of energy’ Dr Michio Kaku, ‘Physics of the Impossible’ ‘Ultimately, the economy is, and always has been, a surplus energy equation. As such, it is governed by the laws of the thermodynamics, and not by the man-made ‘laws’ […]

EU REFERENDUM: IS IT REALLY THE ECONOMY, STUPID?


Welcome back to Moraymint Chatter (especially readers of The Northern Scot newspaper)!  Post # 2-of-4 on the subject of the EU Referendum: how will you decide which way to vote?  A Punter’s Guide. ‘Europe’s nations should be guided towards the superstate without their people understanding what is happening.  This can be accomplished by successive steps, […]

WHERE’S THIS HEADING?


Pour Yourself a Beer Pour yourself a beer or something before you start reading this post; it’s a ‘big yin’ (big one) as we say here in Scotland. What’s a Young Person Supposed to Do? This post is the first of two consecutive posts. The second post will address the question, ‘What’s a young person […]

ALMOST TIME TO LOOK TO THE POSITIVES


Introduction This post is the longest one I’ve written to date.  You might wish to make yourself a cup of tea or coffee, or pour something stronger before reading on.  Indeed, you might decide to wander off and find better things to do; if so, that’s fine by me.  If you’re sticking around, though, you’ll […]

AUSTERITY FOR SOME AND NOT OTHERS


I was taken by The Taxpayers’ Alliance’s (TPA) observation about the latest growth figures for the UK economy.  I’ll let the TPA’s Chief Executive (Matthew Elliott) speak for himself: “Yesterday the Office for National Statistics (ONS) announced that they think the economy is growing again – by 0.3% in the first quarter of this year. […]

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