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- Written by: Kamran Mofid
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Gen Z discards the hustle culture of millennials. They value balance and time. A lesson for all of us.
Image created by Gemini via Linkedin
Gen Z, defined by hyper-connectivity, is rejecting the "hustle culture"- a societal and corporate ideology that glamorises overworking, equating constant busyness with productivity and exhaustion with success. A culture that promotes sacrificing personal time, sleep, and well-being to achieve career goals, often resulting in burnout and diminishing returns, with some tragic consequences.
Now, instead of the falsehood of “hustle culture” Gen Z is fully embracing the art of doing nothing. Finding happiness in intentional idling, moments of stillness, silence, the joy of being in their own company, rediscovering who they are, giving up on ‘virtual friends’ by gaining true and real friendship, whilst all along discovering the simple pleasures of life, by freeing themselves from the chains of digital dependency.
I am happy to see this, something that I discovered myself years ago, namely, that, indeed, happiness is to do nothing!
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- Written by: Kamran Mofid
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Will he make taxation fairer and more efficient and just by introducing a single tax?
N.B. I have posted this writeup as a response to an inspiring article about an open letter by a number of senior economists to Andy Burnham pleading with him that upon becoming prime minister he should aim to make taxation in Britain fairer, more efficient and just. They are calling for a single levy to replace six key taxes to raise money for public services and to encourage a more inclusive economic growth, to “unlock the gridlock that plagues the country”.
In short, the main aim of this writeup is firstly to highlight the important points raised in the said open letter. Then, to offer a time-honoured possible alternative available to the new prime minister by recalling a few gems on this subject from our GCGI. INFO archive.
Tax, tax and more taxes! Taxes on everything. Taxes even on living and dying! So many taxes that are even driving the sane to madness!
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- Written by: Kamran Mofid
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Original image by Royal Court of Iran.
In September 1990 my book ‘The Economic Consequences of the Gulf War’ was published by Routledge. In this book, I clearly and soundly debunked the myth of rapid rises in military expenditures and the buildup of fancy/expensive military hardware as the passport to power and security.
Driven by soaring petrodollars following the 1973 oil crisis, the Shah rapidly escalated Iran's military spending. The defense budget increased more than tenfold over the decade. This massive military buildup became a primary catalyst for the 1979 revolution, severely destabilising the Iranian economy and the regime, fueling widespread public outrage, and raising revolutionary fervor.
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- 10 years on since the Brexit Referendum: Time is Now for Truth
- My Poem of the Month: June is the Month of Summer Solstice, Dreams, Love, Romance and Marriage
- Ode to Gardens: “In Paradise a garden lies”