The truth about President McKinley and his tariffs - trade costs fell, not rose
Trade economics does get wrapped up in a lot of complications - often deliberately so - but it is still possible to approach the subject using basic logic. Something that isn’t, necessarily, happening:
Chancellor Growth Reset
Recently the billionaire hedge fund manager Ray Dalio delivered some sobering analysis on the UK economy:
Funding the BBC
A leaked story reveal that the government is considering making Netflix and Disney+ users pay the licence fee to fund the BBC. It is allegedly one of the options under consideration as Labour looks at how it will fund the BBC when its charter ends in 2027.
Why do the left never quite fully understand the role of capital?
Why do the left never quite fully understand the role of capital, particularly private capital? Does it go back to Marx and Engels? Does it go back to the Communist Manifesto?
Maybe government’s just not very good at spending money?
We put this forward just as an idea you understand. A thought to chew over:
It might not be climate change causing the rats
It could be the policies against climate change causing the rats: Rat numbers are soaring in cities as global temperatures warm, research shows.
The Socialist Calculation Problem is solved!
Since Suez, the US has struck a balance with its allies, whereby they shoulder enough of the burden to show willingness, but not so much as to be capable of strategic independence. Trump seems to get only the first.
A Manifesto for Lord Mandelson - Part 3
Since Suez, the US has struck a balance with its allies, whereby they shoulder enough of the burden to show willingness, but not so much as to be capable of strategic independence. Trump seems to get only the first.
It’s not obvious that water’s problem is capitalist profits
As we keep being told it’s that nasty capitalism, that pursuit of profits, which is everything that ails the water system in England and Wales.
Productivity rises if allowed not because it is planned
Not that we’ve an official position on the legal change here but: If Maxime Chapoutier sold his new red and white wines in France, he would provoke an outcry and risk arrest.
Why, yes, Professor Mazzucato *is* wrong, why do you ask?
Schumpeterian profits for the win here: A breakthrough Chinese chatbot has sparked alarm about the country’s advances in artificial intelligence (AI) and wiped close to $1 trillion off global stock markets.
A Norwegian lesson for Scotland’s ferries
The chronic unreliability of the Clyde and Hebridean ferries, a monopoly owned and operated by Scottish government agencies, has caused serious economic decline within island communities.