trump

The Meaning Of Trump

When you’ve exhausted your indignation at, and despair of, the people who voted for Donald Trump please read this article by Thomas Frank which goes some way to explaining what’s just happened in the USA, why we’re in the throes of Brexit, and why the likes of Geert Wilders and Marine LePen are looking increasingly bright-eyed and…

6yo-deficit

John Mason MSP Doesn’t Know His Debt From His Deficit

John Mason MSP is a former accountant who is the Deputy Convener of the Scottish Parliament’s Finance Committee. Last month he was the focus of a lengthy conversation on twitter after stating that the “UK deficit (is) £1.5 trillion”. For those of you with time to squander the entire twitter exchange can be found here: https://twitter.com/JohnMasonMSP/status/703699151461203968…

2cats

Two Cats Fighting Over A Dead Bird

For most of the last 30 years it looked like socialism had been soundly beaten by its old adversary, capitalism. From the mid 1980s when Margaret Thatcher’s second government defeated Britain’s striking coal miners, until around 2009 when the extent of the banking crisis had sunk in, free-market capitalism was the only game in town.…