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
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
I write my blog in WordPress, and I can check out how many reads I get for every blog. Sometimes you get surprising insights – there is someone in Canada who binge reads my blog every few months for eample. Breezy businessy blogs written from a vaguely leftish perspective are popular, some subjects less … Read more
As a follow up to yesterday’s blog I wanted to say a tiny bit more about Laffer curves and whether or not they work in the real world. I feel that I dismissed a huge idea in modern economics without giving it time of day, but I didn’t want the whole blog to be … Read more
In case anyone had missed it we live in a 24/7 media culture. Politicians rise and fall based on their ability to shape or react to a continuous churn of news. This has created a bias for action not ideas. Tough new measures rather than well thought out policies. Clampdowns on pretty much everything. An … Read more
This is short update in advance of next weeks full blog. I am trying to stick to one longer piece a month, with some shorter blogs in between Last year I wrote about the way that Unemployment Statistics are collected: https://jon-chadwick.com/2017/03/18/unemployments-rising-in-the-chigley-end-of-town/ In particular I highlighted problems with the way the Labour Force Survey captures data … Read more
Nahendra Modi is the first world leader to have been a chai wallah. He is also a tea-total vegetarian, unmarried (although he was briefly married when he was younger), and by repute, celibate, possibly a virgin. Add to that some conservative social attitudes and you have the political equivalent of Morrissey. I had read a … Read more
I recently a met someone who to all intents and purposes is unemployable. That is to say they are unable to sell their Labour to any employer in the current Labour Market and I can’t see that changing any time soon. I met him because we recently recruited a new Production Manager. Our current Production … Read more
Before I start I would like to make it clear that my Great Aunt Margaret had nothing to do with the Bishop of Litchfield or any kind of strip-o-grams, although all of these people will appear in this blog. I wanted to write this after reading a series of newspaper articles about the increase in … Read more
We had our first ever meeting last week with a venture capitalist. He was an impressive chap, knowledgable in the way that a professional investor should be. I learnt a lot about investing just from one meeting, although not enough to decide whether Venture Capitalist should be capitalised or not. Most people don’t ever meet VCs, … Read more