Photo by Christian Diokno on Pexels.com Boris Johnson, has said that steel ‘is a very important national asset’ and ‘It would be crazy if we were not to use this post Brexit moment to use the flexibility we have to buy British Steel’. There are nearly 5,000 people employed in the UK steel industry. This … Continue reading Boris – Crazy about UK Steel
The Faith of Bitcoin
Photo by Ryutaro Tsukata on Pexels.com Cryptocurrency is described by critics as the product of a mass willingness to believe, somewhat akin to faith. In many ways it is just a currency that has very limited purchasing options so should be fairly illiquid and disregarded but valuations have been soaring. Bitcoin has more than quadrupled … Continue reading The Faith of Bitcoin
WallStreetBets – Digital Wealth Redistribution
One of the familiar themes of ‘Rebel Economics’ is that the wealth gap in America has reached extreme levels, with the top 1% owning 15 times more wealth than the bottom 50%. Largely asset prices and stock prices have driven this huge inequality in wealth. The pandemic has seen the wealth gap become even … Continue reading WallStreetBets – Digital Wealth Redistribution
‘Rethink Fairness : Generations’ a podcast review
Photo by freestocks.org on Pexels.com This blog was started in May 2018 with a piece titled: ‘Economics in the UK is unfair to young people and what can we do about it’. I wanted to look at other countries and see what they are doing to tackle the problem. I wanted to look at influential … Continue reading ‘Rethink Fairness : Generations’ a podcast review
Digital Taxation – Good for the Chancellor but too late for the High Street
Photo by Negative Space on Pexels.com I might love Amazon but is it good for me? At the click of a button from our sofa, goods can be delivered free of charge (using prime) at the most competitive price. We love Amazon so much in the UK that the UK is Amazon’s third largest market … Continue reading Digital Taxation – Good for the Chancellor but too late for the High Street
The Social Dilema – A film review
Photo by Silvana Palacios on Pexels.com Never having set out to write a film review, I found watching Netflix’s ‘The Social Dilema’ hit so many issues directly and with absolute precision that it should be mandatory watching for all policy makers. It deals with so many of the issues facing today’s society, from an environmental, … Continue reading The Social Dilema – A film review
Iceland – How to Build back Better
Photo by Simon Migaj on Pexels.com Iceland suffered an economic crash in 2007 with GDP falling nearly 40% between 2007 and 2009. Iceland has since recovered all the lost growth and more, by allowing the broken old economy to fail and rebuilding a sustainable green economy. With the current state of world economies, Iceland provides … Continue reading Iceland – How to Build back Better
Will the UK Tax the Super Rich?
Photo by Negative Space on Pexels.com After the chancellor has spent a record amount supporting individuals and businesses through the coronavirus pandemic, he is now looking to fill the hole in the public finances, through increased taxation. Due to the high wealth gap in the UK, we have an extreme situation where the top 10% … Continue reading Will the UK Tax the Super Rich?
Coronavirus – Poverty Fuelled
The King’s fund think tank states that ‘people living in the poorest areas are dying from coronavirus at twice the rate of those in the richest areas’ in the UK. At first, it seems incredible that a virus can discriminate based on economics or wealth, but that appears to be what is happening across the … Continue reading Coronavirus – Poverty Fuelled
Coronavirus – valuing Living Standards more than traditional Economics
Overnight, years of pursuing economic growth measured by GDP at the expense of non monetary values such as: social conditions, the cost to the environment and other living measures have been jettisoned after the coronavirus hit the UK. Behaviour has changed for the collective good. There is shame in selfish behaviour and greed such as … Continue reading Coronavirus – valuing Living Standards more than traditional Economics
Rebel Economics 