The European Union really started 50 years ago with the Treaty of Rome. A lot has changed since 1957: globalisation has made the world smaller and more interdependent; the international political scene has stabilised significantly; the creation of international organisations has seen, on the whole, diplomacy win over military... More..
Individuals do have natural liberties which should be protected by government, however the word 'rights' is more often associated with positive rights which confer an entitlement rather than a freedom. For example the right to a family confers an entitlement, which is different from the freedom to have a family. The distincti... More..
The Euro was launched with immense anticipation. Every previous currency union in history has ended in tears. The Euro is a step, a necessary step towards full political integration. Only with a common currency can a single economy come into existence and only with a single economy can a single political entity come into exis... More..
I started my business aged 16. It was quite unusual and was the kind of business which had very high startup costs and barriers to entry. I spent a year researching the industry, having no prior experience or knowledge, and conversing with companies all over the world via email. Email is a great tool as you can present yourse... More..
The difficulty with electoral reform is that the people who will decide the change, and who put forward arguments to the people, have their own interests in mind. Any change to the way politicians are elected will cause politicians to seek the method which perpetuates their existence. So the first question is who can we trust... More..
Premium bonds are government backed investments. You can invest up to 30,000 to buy 1 bonds. Each month, instead of earning interest, your bonds are entered into a prize draw. You can win prizes from 50 up to 1m each month, and all prizes are tax free. The Government, as HM Treasury, sets the 'interest rate' which is what t... More..
Youtube has revolutionised the video industry. It has set a precedent for content: free to the user, financed by advertising. It's success is phenomenal but will it force a change in business model for the established and lucrative porn industry? How might it affect porn?1. User generated content - facilitating users to provi... More..
I think the answer, unfortunately, is that paper money will not be with us for much longer. It is inevitable that electronic payment methods replace the archaic system of notes and coins.However there is a ray of hope. At present, electronic payments are inconvenient for small transactions, for example those which involve ind... More..
The USA has a huge trade deficit, however there are a few things people tend to forget, or never consider, regarding trade:1) Imports make us rich. Yes, that's right, it is imports which increase the material wealth stock of a country. Exports are the price we pay so we can afford imports.2) Free trade makes both parties weal... More..
The best model for democracy is the one which has sufficient checks and balances built into it's design to prevent abuse of power, and one which enables decision to be made as close to the people they affect as possible.The USA has good separation between the three branches of government: the executive branch, the legislative... More..
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