The Uber Effeciency Of The Private Sector

Golly, that's thinking out of the box. "Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain costs must be strong. In essence, this is the case for capitalism over socialism, explaining the dynamic vitality' of free enterprise". So says Andrei Shleifer in his his 1998 paper for … Continue reading The Uber Effeciency Of The Private Sector

The London Vampire: Afterthoughts

By Ecky Thump lass, where's me black puddin' and ferret? The above picture is one of typical northerners demonstrating their love and gratitude for those in the South East and London but especially those in the City whose munificence has enabled northerners to breed ferrets and afford luxuries like black pudding and tripe. Yesterdays blog … Continue reading The London Vampire: Afterthoughts

The London Vampire Strikes Again

Ah-ooooo vampire of London, ah-oooooo... What better time to discuss the Northern PowerHouse project now that parliament has entered summer recess and nothing can be done except to fume and fulminate? So what is the NP? The government says "Building a Northern Powerhouse is about boosting the local economy by investing in skills, innovation, transport … Continue reading The London Vampire Strikes Again

Baking Serfdom Into The System Or…

As they say, follow the money. The alternative title to this article could be why this blog is called Progressive Momentum or ProMo for short, see what I did there, pretty snazzy eh? Or not as the case may be, I digress. Today I'd like to look at how perfectly good ideas can be used … Continue reading Baking Serfdom Into The System Or…

Universal Basic Income Vs Basic Income

Crikey, that's such a good tagline I'd like it for my blog. The go to man for all things on Universal Basic Income (UBI) is Scott Santens, who has decided to see what life is like if all his immediate needs are taken care of by a self funded Basic Income. Scott defines Basic Income … Continue reading Universal Basic Income Vs Basic Income

Why I Support The Job Guarantee

Does exactly what it says on the tin. So what is the Job Guarantee? I believe the phrase was invented by the Modern Monetary Theory (MMT) economist Bill Mitchell. he reasoned that if the state could support a buffer stock of unemployment, as happens now, the state could also provide a buffer stock of employment. … Continue reading Why I Support The Job Guarantee

How Neo-Liberalism Made The World Richer: Not

Huzzah for Neo-Liberalism, the poor have manna from heaven, rejoice! Oh no who's rattled my cage this time? A Twitterer that's who and this specifically. Aaron Friel‏ @AaronFriel Replying to @AlisonB916 @Noahpinion Tell me again how the neolibs have ruined everything over the last 40 years. The Tweet is where I got the chart above from and … Continue reading How Neo-Liberalism Made The World Richer: Not