The content of this blog is nearly random, but not quite. I am interested in issues which help societies to function for the benefit of the large majority of its members. I am equally interested in issues which overtly or covertly make it difficult for societies to function smoothly.
For example, I am puzzled why the citizens of many countries with huge mineral resources never seem to benefit from them. Why does wealth tend to percolate from the developing countries to already well-off developed countries?
Why are our clothes and footwear manufactured thousands of miles from their main markets normally in Europe & USA?, Despite their really low selling prices the corporation owners often become billionaires. How do we hold multinational corporations to account?
Politics in all parts of the world decides who gets what, when and how. Why do politics work better in some countries than others? Even among well-developed democracies some clearly work better than others, why? How do “the governed” elect “the governors”? How do we hold them to account?
Any discussion of economics would be very futile without considering why a smaller & smaller number of people accumulate greater and greater wealth and will go to the ends of the earth (well Panama, BVI, etc.) to either keep it secret or avoid tax or both. Professionals earn high fees by providing the expertise to accommodate this activity (apparently unconcerned about the source of the wealth). Is there or was there ever any ethics in business?
