The Stupidity of Economics/Extinction

Economics is a mind numbingly simple and straight forward profession. Knowing the right economic decisions, given the correct information, is extremely simple the difficultly is receiving the information and in implementing given the sensitivity. It is so closely linked to individual welfare, equality that individuals become overemotional and compromises are made in the delivery of information and implementation.

I could within one month come up with a program that would transform the fortunes of the UK .

1) Introduce Grammar schools to every town above a certain size.

2) Increase tuition fees emphasize science and technology within education as countless surveys over the last 100 years have indicated.

3) Only provide state funding for one child in any family, above that no additional funding whatever the circumstance. If they are unable to support the children they will be removed from the family or they will be given the ability to be sterilized.

I could go on the point is our problems are well known but democracy is struggling to deliver the reforms required. China challenges us not just economically but also politically. We are fast reaching the point where democracy is no longer the most economically successful system. Economic success may lead us to environmental ruin as our population increases past the point where resources and climate can support; however, economic wealth always leads to power which enables you to enforce your will in the world for the betterment of your country. Just ask those African countries who are now suffering the influence of Chinese power as they once suffered imperial European influence.

Blair is a failure on the British education system as much as a failure of morals; he could have been great truly great, but he lacked a broad education allowing him to make balanced decisions, he was too persuasive given his excellent legal education but with minimum understanding of the world and he was surrounded by many poorly educated individuals. Our political elite are an embarrassment not because they feed ravenously on any rule they are able to bend for personal benefit but because they are broadly poorly educated. The collapse of the state education system and the narrowness of experience delivered by the private sector means they are broadly unfit to rule.

How many politicians read regularly, how many politicians are studying for a qualification, perhaps it is our fault relentless wanting a view and opinion from them, allowing someone like Prescott, who is a well meaning man, but plainly not particularly bright to effect key decisions.

We should be challenging them to read, to study, to travel to understand the world, to perform the most important management task, which is gain a high-level understanding from key experts, then perform a deep detailed deep dive focusing on one issue, don't push it on consultants do the deep dive yourself, do they I don't think they do.

So Harriet Harman pushes through her equality legislation someone needs to be brave enough to say we are not equal and quite simply men are paid more because they are generally worth more to an organization as they have fewer days away from the office. Someone needs to say the Eiffel tower was not built working fu*king working 9-5 and going home and being a decent father, our society depends on difficult problems and solutions being solved men are more able to do that as they are more likely to sacrifice for work, work which someone needs to do.

So as we perhaps look upon the dying embers of advanced civilization; societies have repeatedly collapsed through the millennia and listening to 'From Our Correspondent', it is clear globally there is increasing stress on resources our elite seem poorly educated and democracy is struggling to deliver. The giant in the East rises as competition for those resources increases and we turn inwards and fail to see the coming battle. Food, water, oil, land very simple really.

The average animal has lived on planet earth for 5 million years and one day we will become extinct, how ironic that we are still so chained by our pre-19th century mindset. The Victorians gave us so much allowing us to understand the world like never before, to construct and develop the planet like never before yet we failed to understand some of the simplest details, the influence of the bible meant the end result of everything was man destined to rule for ever more, always present on this planet. We know it is not true academically but emotionally we have not accepted it. Man's existence depends on several simple details, food, water, appropriate atmospheric composition. The climate will change it always has, the earth is in constant change and our numbers will swell beyond what the Earth is able to sustain and there will be a population collapse without doubt it will happen, the question is when as we are all in the long run dead and perhaps Keynes was more right than he truly realized. The planet is 4.7 billion years old the average animal lives for 5 million we will evolve into something else as the planet changes or we will become extinct it is truism the question is when and in the short-term are we about to suffer one of the many population collapses that afflicted man. I challenge you post Victorian person, hope you like that Harriet, to see it and understand it, to take a view of deep time can you truly escape the bible can you truly see it. We haven't yet have we? No you will look at 200 years of history forget the plague of 1347, forget the population collapse in Vietnam etc. Chained you are by the bible still.

Whatever may happen though, we should not succumb to stupidity and for that I cry out for a better educated population, a better educated and read political, academic and business elite. Without that we will succumb to stupidity and we will create an embarrassment that is Mr. Blair, shame on you Mr. Blair and shame on us for creating you.