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Why fossil fuels make fuel poverty worse

There’s been coverage in the Financial Times about fuel poverty.  People are saying that the UK government will have to cut back on its renewables ambitions. This seems to be bad economics quite apart from considerations of climate change. The … Continue reading

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The revenge of Greg Gloom, Interlude. Fourth and final part of Professor Crabb’s lecture.

By now the crowd was getting fidgety.  Professor Cabb had been snoozing for some time.  Important as the Cabb Lecture was, they weren’t here to listen to economics.  They were here because in little more than thirty minutes would begin … Continue reading

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The revenge of Greg Gloom, Interlude. Part 3 of Professor Cabb’s lecture.

“No, consumerism is not the belief I am referring to.  I refer to wholesome belief.  For here is the key.  As far as the mechanics of economy go, the belief that drives it was always considered by economists to be … Continue reading

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The revenge of Greg Gloom, Interlude. Part 2 of Professor Cabb’s lecture.

Jolted by Minnie, the curvaceous but now flustered compere, Professor Cabb blinked and came to life again. “Ah yes.  Ladies and gentlemen.  Therefore, as I was saying a moment ago, the challenge of the economy is to ensure that the … Continue reading

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The revenge of Greg Gloom, Interlude. Part 1 – Belief – the motor of the economy

The Inaugural Cabb Lecture, Telford, September 2041 Part one [This record of Professor Cabb’s lecture was found stuffed in the middle of the account of the Revenge of Greg Gloom.  Although the event has no connection to the story of … Continue reading

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