Apr 28 2009

The trough of recession

Along with worrying about the price of fags and booze, obviously one major concern for all of us on budget day last week was how to protect the UK’s long-term competitiveness. And who better to convey that concern than the management consultant ‘industry’?

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Apr 17 2009

Automated variation

I went on a course this week – ‘Effective copywriting’ – all part of my plan to transform myself from grubby B2B sub to highly-paid marketing professional. It was a pretty good course and I think I may have picked up some useful tricks about lateral thinking. But, the tutor would insist that we should avoid using the same word twice. He called this ‘elegant variation’. › Continue reading


Apr 10 2009

A disease that spreads throughout Jobcentre Plus

Britons are – according to the pollsters this week – more pessimistic about their country’s economy than the people of other ‘leading’ nations. And Stephen Roach, Chairman of Morgan Stanley Asia, has warned of:

“a further destabilising outbreak of asset bubbles”.

Of course I don’t understand these words, but I suspect it means that we’re all going to lose our jobs and homes. That is everyone except my contact in the Employment Service who, in cheerful mood, has sent me a sample of the ‘Jobcentre Plus Lean’ newsletter. › Continue reading


Apr 4 2009

G20: the science of economics and the art of spin

It was only about a week ago that the news was full of foreboding, doom, depression, debate on quantitative easing and pictures of Gordon Brown, frowning like a constipated puppy next to headlines about deficit forecasts. But now we have all been saved (again) apparently – or have we? Could it just be that very few of us – economists included – really understand any of the words being used to describe the present ‘global economic crisis’? › Continue reading