economics

Category archives for economics

Occupy Wall Street?

I was going to write something about “occupy wall street” – I even found their statement, and was going to analyse it. But really all I was going to do was snark. So instead I’ll point you at Anarchists for good government which has the benefit of being by someone who was there. I agree…

Ripping off Timmy: Laptops and mobile phones mean that at least a modicum of work can be done while travelling. So the value of time saved by fewer hours travelling should fall. In fact, we can almost certainly go further. Sitting with a laptop, a phone and a decent internet connection in a comfy seat…

I despair sometimes at the stupidity of our politicians. More and more it becomes obvious that the less they have to do with running the economy, the better. The latest stupidity is from Clegg: Clegg calls for RBS and Lloyds giveaway. The idea is that when the government sells its (i.e., our) stakes in RBS…

Some fairly random thoughts on the budget. * VAT up to 20%: excellent. Calculating 17.5% was always so tedious. Score: +1. * Child benefit and public sector pay will be frozen – for no clear reason we (as in, our family) get child benefit, which seems silly. The Economist wanted to means test it, but…

Zorita scents gravy

Every cloud has a silver lining, and it looks like Zorita is jockeying for some of the silver: the Future of IPCC apparently is to morph into one of those nice International agencies which pay so well and are headquarted in rather nice cities, staffed by… well, clearly by the likes of independent-minded folk such…

Airbourne fraction, again

This was an ask stoat question, and probably a fairly easy one, so I’ll have a go. First of all, what is it? AF (ie, Airbo(u)rne Fraction, is the proportion of human emitted CO2 that stays in the atmosphere, the rest being sunk in land or ocean. Now it is important not to confuse the…

Bankers bonuses

Ha. I wimped out of “bonii” cos I wasn’t sure of my grammar. Anyway: Bankers are this year’s terrorists, who were last year’s paedophiles, who were the year before’s witches. Which is to say, everyone appears to be convinced that they are deeply evil and the heavy hand of government is needed (although opinions differ…

Rocky road

Our share price, over the last 5 days. Exciting, isn’t it? No, I have no idea why it is doing this, and (of course) if I did I wouldn’t be able to tell you :-).

Finance question

One thing that has puzzled me for a bit about the current mess is the intereaction between the Government and the Central Bank (Bank of England or BoE, in our case). So the government is raising money by selling Gilts, in quantities that I forget but of the order of £200b when I last looked.…

300!

At least we are as I write this. What we are when you read this I don’t know. Disclaimer: this post contains no inside information at all.