Tag: wealth

National distribution of wealth

An interesting, sometimes complex (at least to me), article by Laurie Macfarlane for www.opendemocracy.net follows – it amply demonstrates that totting up any figure for national wealth is not straightforward According to a new OECD working paper, Britain is one of the wealthiest countries in the world. Net wealth is estimated to stand at around $500,000 …

Continue reading

Mental world – Changes ahead?

Some say we won’t need to buy anything in future – we won’t own a thing Indeed, according to Trip Adler, founder of Scribd, a book and newspaper subscription service: “In future, you’ll just pay one thing and then have total freedom to consume what you want” Netflix for video, Amazon for shopping, Spotify for …

Continue reading

Buffett bullish on future

Warren Buffett, stock-picker extraordinaire and CEO of Berkshire Hathaway, is one of the richest men in the world – his words are invariably ‘pearls of wisdom’ His optimism contrasts well with the pessimism of his fellow-countryman Professor Robert Gordon who claims progress, and so prosperity, has peaked A precis of a recent bullish article by …

Continue reading

Dismal productivity trends could end

The OECD – Organisation of Economic and Cultural Development – recently painted a dismal G7 economic picture claiming  ‘slowing rates of productivity growth’ in advanced nations over the last ten years or so Other data suggests the same trend is underway in many less affluent nations according to an article by Marc Levinson – his …

Continue reading

By George, ‘every company is dying’

According to Sir George Buckley, a top quality UK export from the North of England to the USA and now Chairman of Stanley Black & Decker and Smiths Group,  the ‘basic building blocks are the same in all companies’ George says: ‘At the 30,000ft level, every company needs: A dream To know what it wants …

Continue reading