Category Archives: Economics
Equality versus Sufficiency
The second paper in my second-year module Contemporary Social and Political Philosophy as part of my MA in Philosophy had to discuss the conflict between egalitarianism and the sufficiency criterion. Here are my thoughts on this, as always confined by the strict limit of … Continue reading
Don’t buy Facebook shares!
A few friends of mine in California calling themselves “Facebook” asked me if I want to buy 421 million of their shares at 38 $ a pop. I did a quick calculation and noticed that I don’t have enough money. Because … Continue reading
The Most Important Investment Advice
My # 1 investment advice: If you still have money left when you die, you have done something wrong. Also consider advice # 2 and # 3.
France, don’t worry about the rich leaving you.
France, first of all congratulations on getting rid of xenophobic Mr Sarkozy. Because of Mr Hollande’s proposed 75% tax rate on incomes of more than 1 million €, some rich residents of France have threatened to leave France. Where do … Continue reading
London is ready for World War III
So we have the 2012 Summer Olympics coming to town. As a Londoner, I am not excited. A busy, crowded and polluted city like London needs two more weeks of a massive rumpus like a hole in its head. And … Continue reading
Why Germany is bailing out Greece
Have you ever wondered why Germany, Europe’s economic powerhouse, is contributing so much money to help Greece when even Greeks themselves are not contributing much more than going on strike, setting banks on fire and blaming Germany? The following photo … Continue reading
Steve Jobs, 1955-2011
Congratulations, Steve Jobs, you are now the richest man in the cemetery.
How to Pay for this Blog
Both you as the reader and me as the writer enjoy this blog: I enjoy writing for you to inform, educate, entertain and distract you. I enjoy sharing my thoughts and receiving your thoughtful comments about them. I enjoy travelling … Continue reading
The Personification of Greek Austerity
Greece first cooked its books to enter the Eurozone, then used cheap credit to live beyond its means. A profligate pact by the Greek government and the Greek people expanded the state and ran up deficits and debt. With a … Continue reading
The Afghan Economy in Numbers
Time since the West has been present and active in Afghanistan: 10 years And what have we achieved? GDP per capita (2010): 900 $ Unemployment: 35 % Average hourly wage for graduates (2010): 0.56 $ proportion of the economy that … Continue reading
The Happy Hermit 