Another micro-blog, this time on PFI, and a not very hot take on Carillion and Capita. I was going to avoid talking about the collapse of Carillion.  I get a bit frustrated talking about PFI because lots of people strongly dislike it without knowing much about it, which makes for a less than fun debate. … Read More PFI: Risk and Reward

I was a Miner, I was a Banker/I was a Quantitative Analyst/Between the Wars/I played at Glastonbury/In time of austerity A bit of a follow up from last weeks look at the ways property wealth, property tax and pension wealth interact and how monetary policy can change how wealth is re-distributed.   While I was writing… Read More Billy Bragg Mini Blog

Last month I wrote about attitudes to inequality specifically why I think that recent headlines about Rampant Inequality are way off the mark.  The belief that we live in an era of great inequality is so prevalent that a lot of people reacted with disbelief when I wrote that wealth inequality in the UK was… Read More The biggest stealth tax cut in British History: Quantitative easing, Pensions and my flat in Leeds