This short video from Positive Money explains why the rich get richer and the rest of us get deeper in debt. There’s a lot of stuff on their website that’s worth investigating if you’re interested in understanding how our economy got into such a mess.
Scottish Independence: What Exactly Are We Being Asked To Vote For?
On the 18th of September 2014 people who live in Scotland are going to have to vote “yes” or “no” to the following question: “Should Scotland be an independent country?”, but I wonder how many of us really know what we’re being asked to vote for. What exactly will happen if enough of us vote…
Is George Responsible For Growth? Not Likely.
Reports that UK GDP rose by 0.6% in the last quarter means that news outlets are full of articles heralding the end of recession and the start of recovery for the UK economy. Unsurprisingly members of the government have been milking this good news and taking as much credit as they can for having steered…
Backsides and bootstraps: popular myths and the minimum wage
Recent demands by McDonald’s employees for a living wage has prompted a good deal of debate in the USA and beyond about the concept of a minimum wage. I was drawn into just such a discussion on LinkedIn where most of the contributors were of the opinion that the minimum wage was yet another example…