Sunday , December 9 2018
Home / Economy (page 10)


Dying of (wilful) ignorance

Dying of wilful ignorance

Perhaps the most despicable thing about climate change denial is that the science behind the greenhouse effect is long established.  As I noted in my book – The Consciousness of Sheep: “French mathematician and physicist, Joseph Fourier, first discovered the ‘greenhouse effect’ in 1824, when he discovered that gases such …

Read More »

The elephant that killed Western democracy

Killer Elephant

Across the Western world, centrist political parties and their supporters are like punch-drunk boxers, reeling from a series of near-knockout blows.  First there was the British (i.e. English and Welsh) decision to leave the European Union.  Then came the ‘impossible’ election of President Donald Trump.  Then there was the less …

Read More »

Welcome to the permanent depression

Great Depression

Technological prowess has ushered in a new century of energy independence.  Techniques for recovering the oil found in shale deposits and bitumen sands, for drilling in ultra-deep water and for recovering Arctic oil have allowed the Western states to break free from our dependency on the Middle East and Russia …

Read More »

Michael Gove had a point

High Priests of economics

Michael Gove’s comment that “we’ve had enough of experts” has come to symbolise everything that was wrong with the Brexit referendum result: A bunch of knuckle dragging, fact-denying, racist proletarians who could barely muster a C grade GCSE between them – swayed by a cynical pack of lies from the …

Read More »

What shampoo tells us about the economy


Perhaps because it is hard to link the story to Brexit, the news that shampoo sales fell by £23 million in the past year will have been missed by most readers.  The news may, however, by far more important that a great deal of the Brexit-linked winging that has passed …

Read More »

Decommissioning: the looming disaster in the North Sea

North Sea oil decommissioning

The biggest threat to the UK’s North Sea oil industry has nothing to do with Brexit or the current global oil glut according to Lianna Brinded at Business Insider: “There is a ticking timebomb that could put off companies investing in the sector and prevent new projects being set up …

Read More »

New publications from the Consciousness of Sheep

New Publications

The reason we have been a little quite here at the Consciousness of Sheep in recent weeks – did we miss anything important? – is that we have been putting the final touches to our two latest publications.  Both explain the foundations of the existential crises that humanity now faces: …

Read More »

Tories to Trump Corbyn

Tories to trump Corbyn

Back in the days when Tony Blair had relegated the Tories to an unelectable rump, the key to determining policy was to steal the opposition’s ideas.  Anything sensible that the Tories might propose would be incorporated into the New Labour programme.  All else would be dismissed as lunacy. On the …

Read More »

The squeezed middle lose out in the gig economy

Rush Hour

People in secure full-time employment tend to be seen as the winners in any economy.  However, as more firms look to freelancers to avoid the cost of directly employing people, it is this group that are most at risk. According to Diane Mulcahy at Havard Business Review: “Work is being …

Read More »

The zombie apocalypse coming to an economy near you


An army of zombies looks set to destroy the Eurozone and nobody knows how to stop them! Okay, these aren’t the kind of flesh-eating zombies that featured in the Night of the Living Dead.  Rather, they are the army of walking-dead companies and banks that are slowly destroying the Eurozone …

Read More »