Tag Archives: Osborne

Osborne isn’t the cat’s whiskers but we don’t have to give up on austerity

AS THE UK economy skids towards a triple-dip recession, many are looking at George Osborne and his plan A and wondering whether someone else could do better. Osborne’s own cat Freya, for instance. If we saved on Osborne’s salary and, in a spirit of austerity, paid his replacement with Whiskas and the occasional catnip chew toy, would we notice any difference in the quality of decision-making? Continue reading

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Filed under Economics, Freedom, Politics

We need a political hero to slay the corporate undead

NO ONE will ever produce a film called David Cameron: Vampire Hunter. Abraham Lincoln, on the other hand, got a Hollywood blockbuster this week that reinvents his life as a fight to the undeath. Lincoln’s cod-historical battle with soulless, slave-owning bloodsuckers adapts a mash-up biography/monster novel by Seth Grahame-Smith, whose back catalogue of left-field bestsellers includes the wildly successful Pride and Prejudice and Zombies, which sold 794,000 copies in 2009 alone. Continue reading

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Filed under Business, Economics, Literature, Politics

Looking the other way on the lip of the abyss

WE ARE approaching an economic event horizon. “Almost anything could happen in the next few months,” says Paul Tucker, deputy governor of the Bank of England, advising banks to prepare to withstand the worst. The exceptional coordinated action of central banks on Wednesday has been widely seen not just as offering temporary relief to the embattled Eurozone, but as a recognition that the global economy is on the lip of the catastrophe curve. Continue reading

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Filed under Economics, Finance, Politics