personal investment blog

FALSE CORRELATIONS

FALSE CORRELATIONS

26 Jan 2018

POVERTY AND INEQUALITY Listening to Radio 4’s Today (aka NHS Daily) I heard a professional lobbyist from Oxfam explaining that poverty and inequality are inextricably linked. Most of us are against poverty and inequality and, if we suffer from neither, probably feel slightly guilty about both. The counter argument, which is fairly obvious, is that economic...

The paradoxical results of education for the masses

The paradoxical results of education for the masses

2 Dec 2014

The Churchill wartime government was kicked out by the electorate less than three months after the German surrender in May 1945. Labour won a huge majority and set about a radical socialist programme of nationalisation of key industries and the creation of the NHS and the welfare state. That story is quite well known. What will surprise many people now is that...