If We Really Must Have A #PeoplesVote

First things first, let's introduce everybody we have in the blue corner (with yellow stars)  Wolfgang Münchau (WM}, award winning journalist with the FT, SimonWren-Lewis (SWL), Oxford University professor and Jeremy Smith (JS) of Prime Economics. I'd need several books to list their qualifications, experience, citations and achievements. I offer against all that the equivalent … Continue reading If We Really Must Have A #PeoplesVote

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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…

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

Neo-Liberalism: What Has It done For Us?

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?

This Isn’t Neo-Liberalism,It’s Gangsterism Pt 1

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