Nudge theory trials ‘are working’ say officials Trials suggest millions of pounds could be saved by using “nudge theory” about how people behave to encourage them to pay taxes and fines, officials say. Trials organised by a special government unit … Continue reading
Category Archives: Finance & Economics
Who benefits from the wealth of the rich ?
Some figures taken from a BBC article (with ‘video’) called “Is anyone benefiting from the wealth of the super rich?”: In the USA, how much more are CEOs paid than average workers? 1965, 24 times more 1992, 126 times more … Continue reading
What caused the 2011 Euro Crisis ?
For Greece, did entry into the Euro allow too easy access to too much cheap credit, so that the private sector went into too much debt ? It looks that way from this BBC article on ”What really caused the eurozone … Continue reading
UK Income Distribution – Part II
In the year 2007-08: £ 29,500 you’d be just in the top 25% £ 44,900 you’d be just in the top 10% £ 61,500 you’d be just in the top 5% £ 149,000 you’d be in the top 1%. These … Continue reading
City Fat Cat Salaries
- Do we hate bankers because of a long term cultural history that is strong enough to have strong religeous basis for Muslims and Jews ? – Should we also be overtly blaming the governments that created laws to encourage … Continue reading
The Euro :: Interest Rates on 10 year Gov Bonds
From a series of slides on the BBC Website, “Top economists reveal their graphs of 2011” VICKY PRYCE, SENIOR MANAGING DIRECTOR FTI CONSULTING: “This chart personifies the eurozone crisis over the past year and all that is/was wrong with the … Continue reading
UK Income Distribution
Where do you site ? Find out by going to http://www.ifs.org.uk/wheredoyoufitin/. Or have a look at this article which has a great graph for 2006/7 income distribution (£ per week). http://tutor2u.net/blog/index.php/economics/comments/life-in-the-middle-income-distribution-in-the-uk/ £377 x 52 = £19,604 £473 x 52 = … Continue reading
Some great photos from 2011
Great shots, but sad to see that so many relate to war, riots, demonstrations and environmental disasters. http://www.buzzfeed.com/mjs538/the-most-powerful-photos-of-2011
Archbishop of Canterbury says riots will return unless we reach out to young
This was posted by a friend on FaceBook: Rowan Williams, Archbishop of Canterbury, is recognising the issue properly and is calling for change. This is a good article about his views: http://www.guardian.co.uk/uk/2011/dec/05/riots-return-young-archbishop-canterbury?fb=native&CMP=FBCNETTXT9038 Archbishop of Canterbury says riots will return unless we … Continue reading
How much do you need to earn to be in the UK 10%
An annual income of £44,000 puts you in the top 10% of UK earners ! I was listening to a BBC Radio 4 programme and up popped a figure that surprised me. So I checked it out and it seems … Continue reading