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- Written by: Kamran Mofid
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Austerity everywhere: But are they working? What can be learnt from the history of past austerities?
A short history of austerity: it almost never works
“The most famous episode of austerity was during the interwar years, as Germany, Britain, France and Japan all fought to stay on the Gold Standard even amid the Great Depression. The deflationary impact of keeping their currencies pegged to gold, along with the austerity policies they followed to do so, was disastrous.
In Britain, unemployment jumped from 10.4% in 1929 to 22.1% by early 1932, even while government debt surged. In Germany, the Social Democrats stupidly clung to the orthodoxy of austerity, pushing joblessness up to to 30% by 1932, and opening the door to the Nazis.- Details
- Written by: Kamran Mofid
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In a cruel twist of fate, these three top prostate cancer experts have ALL been hit by the disease. Their stories are vital reading for men - and their loved ones
Every year (in the UK) 40,000 men are diagnosed with prostate cancer — and more than 10,000 die from it.
Treatment can cause anxiety and side-effects such as impotence and incontinence. Many ask: what would the experts do in my shoes?
In a remarkable coincidence, three of the UK’s leading experts reveal that they, too, have the cancer and here they talk about their experiences . . .
A moving account of the disease- Details
- Written by: Kamran Mofid
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Ending comfortable myths about "job creators"
We hear it continually; it is the mantra of the neo-liberals: "We must give tax breaks to the wealthy so they can create more jobs … and higher taxes will stifle economic growth … because the rich are the job creators. … "
We constantly hear about the poor rich people in the countries like Britain and the US. The poor rich people, unless we give them their tax cuts, they won't create jobs for the rest of us.
The poor rich people, unless we allow them unlimited, unregulated bonuses and salaries, they will abandon us, go offshore, and thus keep us, the poor masses, in poverty. The poor rich people, will then, lend their unique talents to Dubai, Qatar, Bahrain, Saudi Arabia, and Singapore, creating wealth and jobs for them. The poor rich people, our hearts should bleed for them. How ungrateful we have become. Shame on us. We are just envious.