awkward-thoughts.blogspot.com
Unconventional Wisdom: No consumption, no growth
http://awkward-thoughts.blogspot.com/2008/07/no-consumption-no-growth.html
Politics, economics, the odd bit of satire, and who knows? Thursday, July 3, 2008. No consumption, no growth. Been feeling poorer recently? That's because probably you are. The chart shows what has happened to the level of real wages (growth in earnings adjusted for RPI) since Dec 06. That's right over the course of a year the average worker has got about 10% worse off as a result of wage growth falling below RPI. The consensus is still ridiculously over-optimistic on growth. A 30 year-old private tutor,...
awkward-thoughts.blogspot.com
Unconventional Wisdom: Someone tell Brown that he is Prime Minister
http://awkward-thoughts.blogspot.com/2008/07/someone-tell-brown-that-he-is-prime.html
Politics, economics, the odd bit of satire, and who knows? Tuesday, July 15, 2008. Someone tell Brown that he is Prime Minister. One thing that Woody is finding increasingly enervating is Brown's habit of talking as if he is not in control of government policy, but rather as if he is leader of the Opposition, or even worse, some grubby lobbyist. Take this for example:. What I want to see. It's as if Richard Branson announced "What I want to see is that all Virgin planes carry the Virgin logo". What this ...
awkward-thoughts.blogspot.com
Unconventional Wisdom: November 2007
http://awkward-thoughts.blogspot.com/2007_11_01_archive.html
Politics, economics, the odd bit of satire, and who knows? Thursday, November 29, 2007. Ignorance should be no excuse. Another week, another scandal. The Labour Party have been caught breaking a 2000 law they themselves introduced by taking money from David Abrahams when he was known to be avoiding public disclosure by channelling his donations through his employees. Offences concerned with evasion of restrictions on donations. A person commits an offence if he—. Knowingly enters into, or. Woody says: If...
awkward-thoughts.blogspot.com
Unconventional Wisdom: Brown calls on self to take tough action on knife crime
http://awkward-thoughts.blogspot.com/2008/07/brown-calls-on-self-to-take-tough.html
Politics, economics, the odd bit of satire, and who knows? Thursday, July 3, 2008. Brown calls on self to take tough action on knife crime. Today Prime Minister Gordon Brown took the unprecedented step of calling upon himself to “stop dithering and finally do something about the epidemic of knife crime in this country.”. Mr Brown made the interjection at a press conference called after Jermayne Phillips became the 42. Teenager to be stabbed to death in London this year. Mr Brown was unavailable to comment.
awkward-thoughts.blogspot.com
Unconventional Wisdom: Could consumer price inflation be caused by higher rates?
http://awkward-thoughts.blogspot.com/2008/07/could-consumer-price-inflation-be.html
Politics, economics, the odd bit of satire, and who knows? Wednesday, July 16, 2008. Could consumer price inflation be caused by higher rates? Woody spends much of his time tutoring A-level students in economics and hence has to spend quite a lot of time pretending that standard theory about growth and inflation is adequate. However now that the exams are finished he can suspend belief for the time being and instead try to make sense of what is going on. My thought process went as follows. So maybe tight...
awkward-thoughts.blogspot.com
Unconventional Wisdom: The debate over rates is pointless - we're in trouble either way
http://awkward-thoughts.blogspot.com/2008/07/debate-over-rates-is-pointless-were-in.html
Politics, economics, the odd bit of satire, and who knows? Monday, July 14, 2008. The debate over rates is pointless - we're in trouble either way. While there is growing consensus that the global economy is in big trouble, there is an ongoing and very confusing debate about the cause of the trouble, and therefore what central banks should be doing about it. These people are often the types to be burying bars of gold in the ground. The fact is that the debate is pointless. It doesn't really matter wh...
awkward-thoughts.blogspot.com
Unconventional Wisdom: First rule of blogging courtesy of another Woody
http://awkward-thoughts.blogspot.com/2008/07/first-rule-of-blogging-courtesy-of.html
Politics, economics, the odd bit of satire, and who knows? Thursday, July 3, 2008. First rule of blogging courtesy of another Woody. Woody Allen is a big hero of mine. There's a quote in one of his films - Love and Death. I think - which goes something like:. When it comes to sexual relations, it's the quality of your encounters that matters, not the quantity. But if the quantity falls below once in 6 months you should definitely look into it.". But because of these we forgive him a lot of rubbish. Brown...
awkward-thoughts.blogspot.com
Unconventional Wisdom: December 2007
http://awkward-thoughts.blogspot.com/2007_12_01_archive.html
Politics, economics, the odd bit of satire, and who knows? Thursday, December 27, 2007. Would the real coward please stand up? Benazhir Bhutto, the supposed saviour of democracy in Pakistan, has been assassinated. This has prompted Gordon Brown, our self-appointed expert on courage. The perpetrators as "cowards [who are] afraid of democracy". It strikes Woody that this is an excellent example of what psychologists call projection. Just in case anyone forgot, Brown the Clown:. Subscribe to: Posts (Atom).
awkward-thoughts.blogspot.com
Unconventional Wisdom: July 2008
http://awkward-thoughts.blogspot.com/2008_07_01_archive.html
Politics, economics, the odd bit of satire, and who knows? Wednesday, July 16, 2008. Could consumer price inflation be caused by higher rates? Woody spends much of his time tutoring A-level students in economics and hence has to spend quite a lot of time pretending that standard theory about growth and inflation is adequate. However now that the exams are finished he can suspend belief for the time being and instead try to make sense of what is going on. My thought process went as follows. So maybe tight...
