Remiss of me not to mention that 6th October – last Saturday – was the day when the planet went into ecological debt this year; or in other words that we’re now using up resources which the earth isn’t able to replace. The new economics foundation (nef) marked the date with a report (free, but registration required).
The politics of the inheritance tax have exploded in the UK over the past couple of weeks, ever since the Conservative Shadow Chancellor promised to raise the threshold to £1 million pounds a couple of weeks ago. Which is odd since hardly anyone pays it and as taxes go it is easily avoided. In the Guardian a good article by Andy Beckett links it to an increasing sense of financial insecurity and a failure by politicians to build a discourse around the value of social mobility and the problems caused by social and economic inquality.