Those who own a property have the right to continue owning that property, and what they do with their justly owned and acquired property is entirely their own look-out. If you happen […]
Gavin Chait
Economist, data scientist, entrepreneur, author. Fascinated by the frontiers of human progress: innovation vs ignorance; wealth vs poverty. Oh, and coffee. @GavinChait and https://gavinchait.com
Pawning America to pay for the bail-out
The UK, in 1979, was a mess. In 1976, the then-Labour government of James Callaghan became the first developed-nation member of the OECD to have to beg the IMF for a bail-out […]
A contemplation of Natural Selection: Charles Darwin at 200
“It has no escaped our notice that the specific pairing we have postulated immediately suggests a possible copying mechanism for the genetic material.” The words are those of Francis Crick and James […]
The indefensibility of torture
The image is striking. A fat, sweaty and uncomfortable-looking white man is squatting on the back of a large black man. The white man is holding a dry canvas bag over the […]
The contradiction of Left and Right politics
A person consists both of their being and of the works that their being produces. Whether those works are physical or as intangible as the time spent on a particular task. A […]
Two minutes to the eleventh hour of the eleventh day of the eleventh month
The first war of the Industrial Age, the war that should have ended all wars, ended at the 11th Hour of the 11th Day of the 11th Month. At precisely two minutes […]
Income, tax, fairness, redistribution and response
Income distribution is a divisive subject. Fairness, more so. The standard way of evaluating income distribution is the GINI Coefficient, an extremely complex equation that produces a number between 0 and 1. […]
Obama's Victory and its Consequences, for the US and the GOP
The prize that President Barack Obama won on 4th November 2008 is an America that has little in common with the one his predecessor, George W Bush, inherited in 2000. In 2000, […]
After Conceit: Recovering from the Credit Crunch
Wealth is created through an economic sleight of hand. All the money in circulation is a promise, not only of the value already in existence, but of the future value that people […]
Tax and Lobby: The danger of directing too much at too few
There are over 25 million businesses in the US but companies which make up the Standard & Poor 500 contribute over 26% of the US government’s annual $2.4 trillion tax take. These […]
Progressive Culture | Scholars & Rogues 