Potiphar12's Blog
An Octogenarian in the modern world

Archive for the ‘ECONOMICS’ Category

LAST BLAST

June 22, 2016

Tomorrow we vote. On Friday morning it will all be over. How will I feel?  If LEAVE wins I shall be excited by a new, unexplored, adventurous world. If REMAIN wins I shall be disappointed but not greatly surprised. I suspect that some people will run for cover at the last moment and give in […]

TWO FULL DAYS LEFT.

June 20, 2016

The LEAVE campaign and the REMAIN campaign seem to have almost equal support. Will anything new be said in the last few days? The strategists have stuck so far with The Economy for REMAIN and Immigration for LEAVE. Presumably they have identified target groups where these are the things that matter most. Do their arguments […]

NEW IDEAS ABOUT THE EU

June 9, 2016

By chance I have found and started reading a book about nations and power by some celebrated US professor. He starts off by describing the Chinese (Ming) and Mogul and Ottoman empires and explaining why they withered. The chief cause in his view is that they were centrally controlled by an elite group that became […]

THE ESTABLISHED WISDOM

June 7, 2016

Cameron keeps on saying how stupid it is to ignore the supposed expert economic arguments for staying in the EU. He asks “Who do you trust?” He wants us to answer ‘”the experts, and D.Cameron!” Well, you (D.Cameron) I certainly don’t trust. You sound as if you are endlessly repeating what the brief says. There […]

A TRUTH ABOUT STAYING IN THE EU

June 6, 2016

here is a quote from a press article today by Jeffrey Sterling. “If we vote to remain on June 23, does anybody seriously believe that Angela Merkel and Francois Hollande will happily hand over the EU steering wheel to Britain so that we can guide it towards reform? The reality is that we will be […]

EXIT GAINS MOMENTUM

June 5, 2016

The last few days have seen the OUT campaign gaining ground. I like that, but am a bit worried to hear Boris and Michael putting more emphasis on economics. I suppose they must do something to attack the distortions offered by the IN lobby, but the economic arguments are unprovable. There are better grounds for […]

STILL A BREXIT MAN

May 31, 2016

Immigration has been a prominent issue in the past few days,  but Economics is still there, since Michael Gove wants to make people better off by abolishing VAT. My belief in Brexit has little to do with either issue but I wonder which of the two will make people believe deeply  enough to respond. I can […]

GROSS NATIONAL PRO

December 6, 2014

I don’t understand why there is so much fuss about the UK economy growing faster than many other countries. Does not this euphoria ignore other measures? GDP is, I believe, the sum – by value – of all the economic activity in a country. The Internet tells me that GDP is made up of Consumer […]

PITY THE POLITICIAN

December 4, 2014

That must seem an odd exhortation in an age where most politicians are regarded as self-seeking and greedy and bereft of principles. But two current issues inspire me to sympathise with them and feel that they have a near-impossible task.  The European Economy is one of them. The experts disagree about what should be done: […]

EUROPE UNITED AND DOOMED

December 2, 2014

News and views about the EU are confusing. How will it all play out? One of my imagined scenarios is that Britain will leave the EU and will be seen by the EU as a threat to all that it stands for. The American Civil War will be replayed in Europe but with economic and […]