Category Archives: Finance

New

As Seneca reminds us, “every new beginning comes from some other beginning’s end”. In Poland this week it was the end of the new retail tax so soon after its beginning that has caused problems for Poland’s finance minister, Paweł … Continue reading

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Visit

“Conscience is a mother in law whose visit never ends.” So thought American writer H.L. Mencken. And while ministerial visits do end, one might on this occasion wonder about the conscience of the ministers concerned given the attitude of government … Continue reading

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Salary

“If you have a garden and a library, you have everything you need.” So thought Cicero, and it’s hard to disagree. But, according to Poland’s governing Law and Justice (PiS) party, who so far has been silent on gardens and … Continue reading

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Future Past

“Who controls the past controls the future. Who controls the present controls the past.” The words of George Orwell were eerily true in the dystopian world of 1984, and chillingly ever more true in our own times. For those of … Continue reading

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The Beginning

“If I were again beginning my studies, I would follow the advice of Plato and start with mathematics.” So said Galileo Galilei. Plato himself thought the beginning the most important part of the work. Thus the question, how is the … Continue reading

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Inheritance

“There will be no end to the troubles of states, or of humanity itself, until philosophers become kings in this world, or until those we now call kings and rulers really and truly become philosophers, and political power and philosophy … Continue reading

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Father

“Meetings are indispensable when you don’t want to do anything.” So thought economist John Kenneth Galbraith and, had he been alive today, I doubt the succession of meetings on Greece and the Euro would have changed his mind. Who, in … Continue reading

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Taxes

“The tendency of taxation is to create a class of persons who do not labor, to take from those who do labour the produce of that labour, and to give it to those who do not labour.” The world has … Continue reading

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Economy

Ronald Reagan said that the government’s view of the economy could be summed up in a few short phrases: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” Which seems to … Continue reading

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Money

“Money is the worst currency that ever grew among mankind. This sacks cities, this drives men from their homes, this teaches and corrupts the worthiest minds to turn base deeds.” So thought Sophocles and this is as good a thought … Continue reading

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