2013

A couple of things. For a start, I’m not all impressed with this “let’s see if Iain Duncan Smith can live for a week on JSA”. Of course he fucking can; he owns his home, he pays his bills on monthly direct debits, his fridge is probably full, and if he’s any less daft than…

Read More In which IDS eats out of his fridge for a week and straight to the Lords

Just a quick hit, in comments at Steve Randy Waldman’s: Economists who think finance is merely a veil over real production also think real production is basically just like the easy bits of finance, for example, British government bonds – negligible transaction costs, huge liquidity, instant and frictionless trading, authoritative pricing and well-defined pricing models,…

Read More 37.2 homogenous capital units and one for the barman

When I started hearing about a blogger called Brown Moses, who collated Syrian rebel videos and identified unexploded ordnance, and regularly posted remarkably sharp depth pieces on the Leveson inquiry, I assumed this person was some retired six-letter agency type with their SAS badge on the mantelpiece, in the formaldehyde jar, stuck through Jimmy Savile’s…

Read More So you think you’re a blogger

Good NYT piece is good – working through the effort to arm Syrian rebels, with Saudi and Qatari money, Croatian surplus warstocks, and Jordanian airlift. Inevitably, the kit is moving aboard Il-76s. This time out, though, the aircraft are Jordanian (and occasionally other) military aircraft that sometimes operate as “Jordan International Air Cargo”, a nationalised…

Read More Don’t read this, read them!

Grim, gripping reportage from northern Mexico. A giant, 1980s West German wheel-dragline excavator abandoned in a swamp in southern Sudan the size of France, crippled by rebel ATGWs, as part of a very unwise geoengineering scheme. At last you can have a full-motion David Cameron mask projected on your backside. I am struggling to work…

Read More Interesting

I’m using the big megaphone this blogkend, but here are a couple of Simple Plan things. The London Labour Housing Group’s Red Brick discusses why the distinction between general government gross debt and public sector net debt is important. GGGD is internationally comparable, and excludes public corporations, which hardly exist any more but do include…

Read More Simple Plan links