Monday , December 11 2017
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Economy

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 …

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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 …

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What shampoo tells us about the economy

Shampoo

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 …

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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 …

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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: …

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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 …

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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 …

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The zombie apocalypse coming to an economy near you

Zombies

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 …

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A third of us now work in the “gig economy”

Gig economy

Think of the gig economy, and you probably think of web-based companies like Airbnb, Deliveroo or Uber.  But these are just the visible tip of a much larger gig economy iceberg that includes everything from full-time professional roles to extremely precarious short-term and low paid gigs found on sites like …

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