American citizens are justly angry at their taxes being used to bail out the reckless and fraudulent money-go-round of the financial system. The badly squeezed middle-class all over the world are already carrying the bulk of the costs since they pay most taxes, support young and old and work nineteen hours a day to produce [...]
Not as important as your health or your soul, looking after your money is still high on the list of things you want to get right. That is why bankers, finance and fund managers are paid more than most people – more, certainly, than doctors and priests.
Most doctors and priests are pretty good. Not all, [...]
Don’t you dread it when the voice at the other end of the phone says “Hello, So-and-so, How are you today?” The egregious sales pitch that follows is enough to bring up your breakfast. Peter Ustinov had a point. When a Manhattan hotel receptionist said “Have a good day” he politely replied “Thank you, but [...]
Half the people alive today have never experienced serious inflation. They will shortly. At the end of it, many will have starved to death. Those remaining will live in a very different world from that of the past fifty years. Cheap food, easy personal mobility, considerable leisure time, increasingly high medical standards. All these are [...]
15 Sep 2008
Categories: communication, internet, mass media, new media, technology
Over the past century the mass media have played a vital role in the dissemination of information about everything from disease to designer handbags. The relatively high standards of living now enjoyed by many in the world would not have arrived – or would have arrived more slowly – if the mass media had not [...]