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
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
Sounds fine to me, does it do what it says on the tin? I think this is a question that isn't asked often enough, maybe there is an alternative to Social Democracy, after all that's the strapline to my blog. I don't see there is any problem in exploring the question to see where it … Continue reading Neo-Liberalism: What Has It done For Us?
More to the point, it's the only offer you're going to get Just before I continue the second part of this blog I'd like it clear that Simon Duffy works for the Centre for Welfare Reform and is an expert on the way the most vulnerable people in our society are treated. These ideas did … Continue reading Gangster Economics Pt 2
This Recipe Looks Familiar. All the original thought in this article is by Simon Duffy, my comments are in green. This post is reproduced with permission and my thoughts are in no way to be taken with Simon's own, although I hope he likes them. Also thanks to Thomas Clark at AnotherAngryVoice. Economics emerged as … Continue reading This Isn’t Neo-Liberalism,It’s Gangsterism Pt 1
What's That Coming Over The Hill, Is It The Inflation Monster? Yes we're back to that old canard again, it's been confidently predicated daily for I've forgotten how long but there is something in it this time. I thought it would be a fairly simple task to type "inflation definition" and quickly copy and paste … Continue reading The Inflation Monster Is Coming.
Today it would seem that firemen are flavour of the month, yes heroes no less, incredibly brave men and women running into danger where any sane person is running for their lives in the opposite direction. The tragedy of Grenfell Tower, well I say tragedy I mean gross negligence, brought such bravery into sharp relief. … Continue reading Public Sector Pay: Are They Worth It?
Everybody Is Wrong About Everything. (Except Me) In the next segment David and Roger discuss Neo-Liberalism (NL) which I attempted to do here and here. David, of course gets straight down to everything I missed, the fact that both sides, left and right, got the analysis right and the solution wrong. Both sides want to … Continue reading Malone: Ungarbled Pt 2.
Roger Lewis and David Malone: One Interview To Unite Them All. First of all, I'd like to introduce the interviewer Roger Lewis (left) who was, to me, most unexpected in his approach, the interview was no love in and he was not afraid to challenge David on the basis of his own views … Continue reading David Malone: Ungarbled (I Hope) Pt.1