The world economy, which was growing at about 3% in per capita terms in the “bad old days” of widespread regulation and punitive taxation for the rich in the 1960s and 70s, has grown at about half that rate in the last three decades. Hmm. Taking a quick look at Angus Maddison’s figures that
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TimWorstall on 31st Aug 2010 (via timworstall.com)
In the old days, the conspicuously rich owned big houses full of works of art where they invited guests to show off their wealth. But now, if you want the world to know that you are dripping money, you buy a yacht.
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TheIndependent on 24th Oct 2008 (via rss.feedsportal.com)
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Apologies for referring twice in three days to the Estimable Joshua, but he has now answered the question I posed here about Assistant Commissioner Bob Quick’s letter with another fact that no-one else has spotted (the landing carpet between our respective studies has been worn thin over the past few days). In the letter, Quick suggested that the police made no attempt to obtain a ...
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CliveDavis on 5th Dec 2008 (via spectator.co.uk)
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After seven days of bloody war in the Caucasus and growing tension between the US and Russia, John Rees asks what is it about the new world order that has made it so prone to warfare?
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SocialistWorker on 19th Aug 2008 (via socialistworker.co.uk)
At the risk of sounding like a Marxist I can't help noticing that the struggle between capital and labour over the value in the economy is becoming more pronounced every day. While the economy was growing, politicians could conceal the fact that, since the heady days of the 1970s, they have responded more and more to the concerns of 'business' and less and less to those of 'ord...
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Gaian Economics on 9th Sep 2008 (via gaianeconomics.blogspot.com)
Petition growing A few days ago this petition on the No. 10 website had attracted around 500 signatures, now having had a little extra publicity on a few blogs the signature count has risen to almost 8500 in just three days. We the undersigned petition the Prime Minister to resign. I’d like to help this grow a little
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CurlysCornerShop on 26th Apr 2009 (via curly15.wordpress.com)
Caroline Spelman, the Environment Secretary, is expected to announce plans within days to dispose of about half of the 748,000 hectares of woodland overseen by the Forestry Commission by 2020. But only one and a half cheers. Why not sell the other half too?
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TimWorstall on 24th Oct 2010 (via timworstall.com)
President Barack Obama is coming under growing pressure to reassert US leadership on trade when he meets Asia-Pacific leaders representing half the world economy on Sunday
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FT on 13th Nov 2009 (via traxfer.ft.com)