Sometimes, someone who is in a position to know says something that appears to be undoubtedly and incontrovertibly true. This is a headline just released
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The Joy of Mac
There are days when the odds appear to be stacked against you. Just after posting this morning’s video, and the post on electricity, I touched
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Economic questioins: the David Ricardo question
This is one of a series of posts that will ask what the most pertinent question raised by a prominent influencer of political economy might have
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Why gas sets the price of electricity, and why the economics behind it makes no sense
The way electricity prices are determined in the UK is widely misunderstood. Many people assume the price reflects the cost of producing electricity from the
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10% of GDP is fiction
Everyone is told that economic growth is the key to prosperity. But what if a significant part of GDP, the number politicians obsess about, is
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Elon Musk and the NHS
We have just published this short video on YouTube and many other channels. If you like it, please share it far and wide – because
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Glossary entry: Rent
Rent is income derived from the ownership or control of a scarce asset rather than from productive effort or risk-taking. It arises when someone can
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Economic questions: the Thorstein Veblen question
This is one of a series of posts that will ask what the most pertinent question raised by a prominent influencer of political economy might have
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This is no minor war. Its ramifications will reverberate for a very long time
As the Guardian has reported: Donald Trump’s call for allies to send ships to the Strait of Hormuz to protect commercial shipping vessels and unblock
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