Will you be off out for your half-priced meal in August? Don’t forget “eat out to help out.” Rishi Sunak has turned into a kind of 21st Century milky bar kid, Nandos Chicken and your Beefeater steak are on him. Yesterday, the Chancellor announced some significant measures to help the economy avoid a deep recession… Continue reading Rishi’s gamble
Tag: economics
Let them eat cake – thoughts on fairness and justice
This week on Afternoon Tea we are exploring questions about fairness and justice. In our first slot of the week, we talked about the difference between equality of outcome and equality of opportunity. I suggested that we might represent this simply by thinking in terms of sharing out a cake (because I like cake). Imagine… Continue reading Let them eat cake – thoughts on fairness and justice
Rest: Sabbaths, cycles, recessions and plagues
I remember listening to a lecturer at University argue that you could track world economic activity against 50 year cycles. Each cycle would include a period of growth and a period of decline. He argued that in fact there was little that government intervention could do to change the overall direction of things. In his… Continue reading Rest: Sabbaths, cycles, recessions and plagues