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Business and Society Economics Politics

Economics and Perception

I’ve read with interest the recent Labour List posts of Owen Jones and Emma Burnell. I think on the politics Emma is right, but on the economics Owen is right to call for a fresh plan of action. Politics these days is a performance, and it’s increasingly a self-interested one where concern for the greater […]

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Economics Money and Banking Politics

Commentary on GolemXIV in Edinburgh

David Malone, a documentary film maker, perhaps better known these days as blogger on the financial crisis and its causes – operating under the name GolemXIV – gave a talk in Edinburgh on the 6th of December. He’s quite a charismatic guy and gave an effective talk in a church with no aids other than […]

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Business and Society Politics

Riots: Looking Deeper

There is a tendency to consider reactions to the recent riots in London and elsewhere as being either one thing or the other. They are either about condemning and punishing the perpetrators, or as “excusing them” by seeking to explain the reasons for the disturbances in terms of economic and social causes. This is a […]

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Business and Society Politics

Sharon Shoesmith and ‘Accountability’

Sharon Shoesmith is accountable for the cruel and tragic death of Peter Connelly. Government ministers are accountable for serious events that occur in their area of responsibility. But what do we mean by accountability? Does it mean that we expect those in ultimate charge to immediately take poison or be summarily executed when things go […]

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Economics Politics

Adam Smith and the Cuts

The Institute that takes the name of Adam Smith (wholly in vain in my view) has been in the forefront of the expenditure cut propagandists. They have produced, in the guise of impartial analysis, two documents that start with their desired conclusions and proceed by the use of pseudo-logic and misdirection. The great Kirkcaldy moral […]