Category Archives: economics

Rule of mob

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As is ever my want I’m a little late to press with my ponderings on the matter of Stephen Hesters bonus, but this does mean I can mainly point you at articles written by better authors than I. Which is a good thing for everyone I suspect. As I may have commented once or twice in the past, I’m rather keen on the rule of law and of contracts being honoured, and as far as I can tell Mr Hesters bonus was a matter of contract. Mr Hester didn’t cause RBS to need a massive bailout he was brought in … Continue reading →

A green revolution?

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A recent post by Fausty reminded me that I’d written this a while back, so… enjoy. As many people have observed one of the best ways for an individual to very quietly combat the creeping power of the state is to “starve the beast”, don’t give it any money you don’t have to. Now this doesn’t need to mean doing anything illegal, in fact you could even say you’re just following their advice. Follow the example of those early radicals pictured at the top of this article and grow your own, and if you can’t do that just spend less … Continue reading →

Massive yacht?

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As the idea of the replacing the Queens 44 year old yacht as a present for her diamond jubilee seems to continue to be a matter of debate amongst my friends I find myself wondering a few things. The first is does she actually want a new yacht of any sort, or would this be like getting a very expensive knitted sweater from your granny that will never see the light of day? Though of course as the video above observes who wouldn’t want a massive yacht? The thing I’d be more doubtful about is who’d organize the fund raising, … Continue reading →