Feb. 28th, 2011

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A few thoughts on politics. They were prompted by some coverage of Ed Miliband's speech today but it's not particularly partisan, as I think all political parties share this idea rhetorically. How committed they are to it in practice is debatable!

Thoughts about globalization and the British Promise )

So the somewhat depressing conclusion is that it seems to me that we ought to be preparing for a few decades of steady or declining real wages. But I'm not an economist, so I might well be wrong - please do point out where! I also have a feeling that I ought to know more about economics than I do. Almost everything I know about economics comes from reading the newspapers and The Wealth of Nations as a teenager, so if there are any particularly good books I should read I'd welcome suggestions there too.

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