I have heard this being said many times, & I believe that it may be the case. Indeed, I would not be surprised to learn that of the main reasons for Brexit was that the English elite felt that it was much too risky staying in the EU because they may stand to lose out financially.
Maybe they - the Etonians and their American pals (Trump, Mr SB & two-shirts in prison) thought that some of their vast fortunes (compared with the rest of us) would have to be paid over to the tax man. A bit like @nadhimzahawi with his dad and his dodgy tax affairs.
It aways looked suspicious that just as the EU was preparing to bring in new money-laudering laws, & bringing the banks to heel, some of the rich private-equity buccaneers and wide boys from East London would have a go at breaking the UK for their own ends.
And with Russian assistance, it seems they made themselves Brexiteers & succeeded, where many abler & more ethical (not Nigel the City gent, nor the two clowns from overseas) nationalists had failed. Of course Cambridge Analytica had a say in the referendum, but the funding?
It would certainly put the matter to rest if the UK Government under @RishiSunak were to ensure that all holders of UK & foreign assets had to register beneficial ownership & paid their taxes. The words are there, but deeds are later, so perhaps not while @nadhimzahawi survives.
I suspect #ToryCorruption

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More from @terry_barker21

Jan 8
What utter nonsense. I’m an economist, who has worked on the whys, hows, whens & wheres of economic growth both in the UK, its regions & countries, the EU & globally. I’ve been researching into economic growth since I joined the CGP in 1965 under Sir Richard Stone.
Economic growth requires strong government & regulation for the economy to function efficiently. It is obvious that banks, companies & people, all have to be regulated or we shall anarchy. Or the state of the union that we have observed ever since you @Tories came to power.
Economic growth requires: stable govt, a vision of community well being, a consensus 5-year plan, high share on investment in GDP, public provision of networked and safety services (water, energy, transport, health, security, govt). You have failed. A loser.
Read 4 tweets
Jan 8
This seems a rather absurd discussion - not really a debate, but a venting of idealistic dreams. I address the critics of the MPs. Open your collective eyes and look at yourselves being limited in vision & thought. Marxists? Socialists? Demagogs? Leftie agitators?
Those criticising MPS need to look around at the food banks, the desperate looks of the homeless on the streets & the state of the Government, which is little short of hopeless incompetence. At the very least, @Keir_Starmer is a decent person, uncorrupted, a leader & a lawyer.
The other lot have some or none of these attributes. We’ve had journalists, PR experts of dubious quality, & Etonian elite cliques running the country, throwing each other the Great Offices of State like footballs to each other. Shameful.
Read 6 tweets
Jan 8
Here (your tweet) is the key to your thesis. How do the democracies of the world prevent the right to “free speech” from destroying the very democracy that allows its citizens their freedom to do so? The answer is obvious: to exist, democracies must restrict some freedoms.
Democracies must protect themselves against their enemies. Otherwise malign, self-interested groups will conspire to take power to enrich themselves. It’s happening right now with the bankers and with the Knit-Poo-inspired right-wing groups everywhere, lusting after money.
The love of money is the root of all evil. Democracies are hanging on a thread, as Knit-Poo continues his cyber war on the West, no holds barred. Webs of invisible shite have been woven around money-lusting politicians, some amateur to a fault.
Read 11 tweets
Jan 7
Neoclassical economics makes the normally hidden assumption that there is a benign dictator running the show, so that maximum utility is achieved in the economy. The behaviourist branch of this mainstream economic theory adds irrational behaviour, namely slow & fast thinking.
The benign dictator is assumed to be rational, and his subjects are assumed to be identical representative agents, with some irrational behaviours. The model is neutral about democracy because there is no democracy if there is a dictator. In other words, the model is bonkers.
Neoclassical economics is one of the most pernicious and malign pseudosciences.
Read 4 tweets
Jan 7
#NeoclassicalEconomics is partly to blame for the serious global urban problem of air pollution. Incredibly, the CBA (cost-benefit-analysis) when applied to climate mitigation, excludes air pollution. Their reasoning is that air pollution needs its own instruments to solve it.
This is absurd because the CO2 and the air pollutants are joint products of combustion. Lead additives were also in the mix, when the oil refining industry knew perfectly well that lead poisoning seriously damages child development.
In fact the benefits of reducing non-CO2 are very substantial and compared to those from reducing CO2 emissions, immediate. In many localities reducing non-CO2 air pollution should be the primary priority for mitigation.
Read 6 tweets
Dec 29, 2022
They were having fun. Just out of a pub I suspect. It’s Christmas! But not for me then. I’ve got over it. Moved on as we say.
I wish they had moved on and not trailed me home, having fun at my expense. In the dark.
Looking back at that and other incidents, I realised that we have become a rather lawless society. People seem to care much less for each other than they did during or after the last war, and into the 1970s.
Read 9 tweets

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