I saw a letter to a newspaper recently that described the UK Government’s pension arrangement as a Ponzi scheme. It’s an observation that surfaces every so often.[1] The claim isn’t daft at all, but it’s also not quite the whole picture. As a response to this, I’m publishing a short series of articles on pension provision in […]
Following the racist comments made earlier this month by Donald Trump about a US judge of Mexican heritage, New Republic’s Jeet Heer tweeted this: As you can see from his tweet, Heer is both a thoughtful commentator and an entertaining one. What the wit couldn’t obscure, though, is that the notion that Trump might in fact be for real […]
Terrific article at this link, explaining features of the monetary system by analogy with mathematics and particle physics. Star of the show is Brahmagupta, the 7th Century Indian mathematician and astronomer. His particular claim to fame is that he discovered nothing. (Read on and all will become clear.)