China: A Weird Beast
In the light of all the controversy over whether the Chinese economy was about to collapse or suffer such a ‘hard landing’ that it would spill over into causing a...
Robots and AI: Utopia or Dystopia? (II)
In my first post on Robots and AI, I dealt with the impact of these new technologies on future employment and productivity. I raised the contradiction that develops within the...
Robots and AI: Utopia or Dystopia? (I)
I did a recent post on Paul Mason’s new book, Postcapitalism, which argued that the internet, automation, robots and artificial intelligence were creating a new economy which could not be...
Predictions for 2015
Making predictions or forecasts about a national or the world economy is fraught with failure. There are so many variables to consider and the data available are often inadequate and...
Austerity, the Hardworking and the Feckless
About two years ago, the current UK finance minister George Osborne commented that ‘hard-working people’ left for work every morning while ‘behind the blinds’ of the house opposite people on...