One of the great mysteries of modern economics is how little attention is paid to the role of land in economic activity. In particular, taxing land ownership as opposed to taxing the economic activity that takes place on it. Flick open an economics textbook, and you’ll find the idea of taxing land ownership based on its unimproved values – basically, the ‘raw’ land itself – seems unthinkable. Which is strange because the forefathers of modern economic theory, dating back to Adam Smith himself, had a very different attitude to land taxation.
The assumption that you’ll invest enough of your earnings into a pension scheme and enjoy a decent standard of living when you retire is a faulty one. Today, the retirement prospects for Generation X’ers and Millennials are looking bleak. Andrew Walker looks into what went wrong.
This global workplace malaise is a drag on productivity and is reckoned to cost billions in lost GDP through absenteeism, stress-related illness, and the costs of staff turnover. We look into why…
Sooner or later everyone takes an interest in how children are educated. It’s a deep parental motivation to ensure your children have the best opportunities in life, and a good education plays a central role in that. But how do you judge what makes a good education?
We have a look how the modern ad industry is very different from the Mad Men era. Back then it was all about selling campaigns, billboards and TV airtime, today it’s a business that specialises in selling your personal data.
Are we better off today than back in the 1970s? The obvious answer would appear to be yes…but is having a lot more stuff now than back then, is that really what ‘better off’ means?
With rising rents, a housing shortage, record house prices, spiralling private debts, wage stagnation and rising inflation, are properties still a good place to put your money or is the UK’s obsession with home ownership going to end in economic tears?
The chances are you aren’t happy at work – and according to a very large, long running employee survey by Gallup most people aren’t. What is the Brave New Workplace?
Have you heard the one about Goldman Sachs investing $9.6 million into the Adolescent Behavioural Learning Experience (ABLE) programme at Rikers Island penitentiary in New York? No? It’s a corker. But it’s no joke. It is a disturbing example of what can happen when big finance gets involved in public policy.
These days, advertising is part of the corporate establishment. They used to sell us cigarettes and Jimmy Saville, they’ve sold us bulimic models, they’re still selling fast food obesity, carbon emissions, fashionable clothes made by Asian children in sweatshops, PPI schemes, Donald Trump and everything in-between.
I wish I’d been in that meeting. You know, the one where East Riding County Council instructed Jacobs Enforcement Services to recover an outstanding parking fine from nurse Rachael Carron. The use of private debt recovery and enforcement is little more than legalised racketeering.
I wish I’d been in that meeting. You know… the one where Facebook decided to hire a scary blue chip law firm to threaten a small non-profit anti-litter campaign over infringing its Instagram trademark. What this case represents is no less than an attempt to privatise aspects of the English language itself.
I wish I’d been in that meeting. You know, the one where Breitbart news executives experienced an existential crisis. That’s quite rare for a news network.
I wish I’d been in that meeting. The one where Trinity Mirror staff brainstormed the idea for a new kind of daily newspaper. That must have been quite a thing. A room full of newspaper execs and seasoned editorial staff, throwing out rulebooks and old fashioned thinking. The result… A DAILY NEWSPAPER.
I wish I’d been in that meeting, the one where Asda bosses started screaming like Chief Brody in Jaws, that they would “need a bigger boat.” The red mist descended on Asda in January and since then they’ve been in full on panic mode behind the scenes.
I wish I’d been in that meeting, the one where Twitter decided to create its new Trust and Safety Council. According to Twitter’s most vocal free speech activists (aka Trolls), this is an Orwellian suppression of free speech by radical feminists, homosexuals, jews, islamists and the left-wing liberal media.
I wish I’d been in that meeting… You know, the one where the secretive board of VW bosses decided their future direction. The message is clear. It’s electic all the way.
Imagine what sort of grim circumstances would drive a top TV executive to walk out just a couple of months before the new series is due to air?
What sort of thinking would shape the commissioning of a six-part documentary series for the 10pm Tuesday evening…