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Usage: Sometimes referred to as trickle-down economics, the concept is used most frequently by Conservative politicians and business leaders to explain why yawning wealth disparities are actually a good thing. The
Read MoreGreat economic ideas explained, number 1: The trickle-down effect
Combining pure ‘methodism’ with ‘crackpot banking’ is, indeed, extremely powerful and addictive. But though the quantitative easing medicine makes you feel slightly better at first, its over-use is even more
Read MoreDavid Cameron launches inquiry into abuse of pure ‘methodism’ by top bankers
In a volte face that’s a surprise to virtually no one, it would appear prime minister David ‘Call Me Dave’ Cameron isn’t into all this green stuff after all, if
It’s good to talk. As long, I suppose, as you’re saying something of worth. Some people can talk and talk and talk to very little effect. For instance, I was
First, an admission: I’m not a Conservative. I know this must come as a shock to you all, but it’s a simple truth. This fact doesn’t stop me from liking
We don’t live in a capitalist society any more. In fact, we haven’t lived in one for a good few years. The casual observer might hope the current economic malaise
Why does George Osborne always look so wan and anaemic? I know the pressure of power can make a man look a bit peaky, but I can’t remember a time
Facebook’s support ‘service’ is a pile of kack – as I’ve discovered in trying to obtain admin rights to my own business page, which I imaginatively called “Peter Batt, freelance
Read MoreHas Facebook become a faceless money-making empire?
The morning is young, yet this has the makings of a bad hair day. My barnet is dry and tangled; the locks on the back of my neck are in
Since Margaret Thatcher and Ronald Reagan came to power 30 years ago, the neo-liberals have had it pretty much all their own way in terms of prevailing economic thought and
Read MoreUS economists’ rallying call for a 21st century revolution