Last week, I attended an evening seminar at the Management school of my university. The lecturer was, in a former life, a senior manager in a pharmaceutical firm. What he had to say about the state of the industry was not particularly comforting: apparently, the industry’s present business model is thoroughly broken, and indeed, many […]

Personally, I don’t believe Gordon Brown is a bully. Genuine bullying is systematic and contains a certain logic: sore points are identified, salt is poured into wounds, and the resulting humiliation provides the assailant with a warm glow. If the recent accounts from Andrew Rawnsley are true, this is not how Gordon Brown has behaved: […]

Shortly before Christmas, I had dinner at a Thai restaurant located near Canary Wharf. The cocktails at this establishment are more well regarded than the food, and the service is more infamous than famous, facts which the proprietor may have been trying to ameliorate by leaving a brightly packaged Christmas cracker on each placemat. I […]

Travellers to Britain are advised that they may run into a type of person colloquially known as an “eccentric”. These individuals can be identified by their penchant for wearing purple and green striped blazers during Wimbledon fortnight, a bowler hat in the middle of July, or more commonly, by their insistence on sitting in train […]

For those who haven’t been keeping up with the news or those who live outside the United Kingdom, the biggest news story which is exercising the British public lately has nothing to do with economics or the Winter Olympics; rather, it is a matter of life and death. A quick recap: the documentary maker Ray […]

Yesterday, I attended an activists’ training course which was held at my union’s headquarters in London. I arrived slightly early, but as I sat down, I noticed that the overhead projector was switched on and that a Powerpoint presentation was ready to go. I raised an eyebrow: the presentation’s template was one that I had […]

The British have a talent for self-deprecation. For someone with American origins this is nothing but refreshing: indeed, when I visit my family in the States, I am constantly reminded how patriotism can be elevated from a mere sentiment to a religion. The Stars and Stripes is everywhere: it appears as a gigantic banner fluttering […]

Commentators often try to obscure simple truths by utilising the dry vocabulary of economics. Behind all the superfluous talk of deficits and GDP figures, there is one underlying fact: we’re not as rich as we used to be, or rather, not as wealthy as we thought we were. Governments and citizens alike got caught up […]

The economist John Maynard Keynes once famously said to a questioner, “When the facts change, I change my mind – what do you do, sir?” Similarly, I too have been subject to a political evolution since I was a young man, though it is fair to say that this development has been punctuated by particular […]

I have been struggling to come up with a suitable metaphor for the state of the economy at present; however, I literally fell into one this morning. It’s my habit to awaken at 5 AM on weekdays to go running; as pedestrians and passing motorists tend to be unkind to joggers, this is an ideal […]