Sunday, 24 April 2022

Ginger Economics

 Things people don't necessarily think of when they shop for those special fresh ingredients.

For instance, 75gm frozen Root Ginger from one of the big four is £1.50 (from £7.92/kg). Or 300gm Fresh root Ginger, £1.58 (£5.25/kg) ... clearly you do the leg work when it comes to chopping it and storing it.



Sunday, 10 April 2022

Memes again ... but that's memetics.

I often wonder if people actually know what memetics is as a subject. People throw the word meme about left right and centre, but of course, memes follow memetics. `Meme' wasn't a new word when memes found their feet on social media. 

Ask a meme poster what memetics is? I reckon 90% or more will tell you it's posting funnies on Facebook or the like.

Memetics, Wikipedia

Anyway on with the show.

Nerd meme, explains itself. Context ... literally anything that fits.


Self-Explanatory and especially useful for checking your ego at the door


I don't agree with all the Atlas Society says or posts, but as a general rule, Thomas Sowell quotes never fail to hit the spot.


A memetic innuendo punarama 


Oh Dear ... didn't take long did it. I've had this one saved for over a month, I reckon this popped up three maybe four days after the invasion of Ukraine


Yoda it is .... hmmmm


Anyway, that's enough of that. I shall bid you, fare well (as in being excellent to yourself and others, and in doing so fare well). And also, goodnight ... though in the context of the reader, goodnight may be a relative term. However, whenever you read this, wherever you are around the world and the clock, when the time comes sentiment still applies, it is timeless.



Monday, 28 March 2022

The Drive to Crook Peak.

 A Saturday morning drive to a beautiful spot on top of the Mendips with unparalleled 360° views over Somerset, North Somerset, Wales, Devon, Wiltshire ... you get the picture, and this is just the drive there.



Carbohydrates ... or not.

I don't think carbs are the issue. I think it's specifically bread-related carbs. I can't be arsed to go into detail, but by dint of a little laziness and maybe lowliness (depression), I have consumed two loaves in a fortnight, and I seem to be `puffier', not larger or heavier, just a bit bloaty and not quite in sync with myself.

So, yesterday morning after the pool, and many other things, I sorted out brown rice and quinoa for a week (rather than buying packets), flavoured at the secondary absorption phase with a stir through mix of herbs and spices, then quick-chilled to create the perfect deli-fridge for the working man. Add to that, cooked fresh meats, salads or raw veg and a handful of mixed nuts a day, and I rather suspect that things will be settled by the end of the week.

I tried full keto, but it kept tripping me up. So, I've gone back to balanced flexitarian but cut bread back to an absolute minimum, and we'll see how we go.

How come so many open vacancies?

The problem with getting people into employment has reared its head recently. It isn't just Burnham-on-Sea, Somerset … the Southwest, it’s UK wide and it's endemic. I have a friend who is willing to pay £22k for a full-time person, who he will train to be a Barista. He has been looking for six months.

There are a number of problems it seems. Youngsters don't want to work hard and or don't know what to do, and think the future is uncertain, so, what's the point? That may sound like a generalisation, however, speak to some young people and gauge their responses, it's quite alarming how disincentivised they are while being equally entitled, the contradiction is mind-bending.

Underlying employment locally is the agency ethos, I have made mention of this before. Employers have outsourced responsibility for employees to agencies. So, you end up with an employer paying an agency £15 per hour. The agency, in turn, pays the employee £9.5o an hour (for instance). The employee has no certainty or security of tenure. The employer has no responsibility for the employee -just the responsibility for paying a monthly invoice. The agency can bench employees the employer no longer requires. The employer no longer has any of the hassle of HR, pension admin, payroll etc. Employees (agency staff, on the agencies books alone) jump from contract to contract to move for as little as 5-pence per hour.

The only people making money in this scenario are the agencies, who are providing `bodies', not skills, not assets, not human resources (though if you think about bodies as human resources then I guess the agencies have actually reduced people to things, to be traded).

If employers locally, and nationally woke up from their fugue state, having been painted the picture of a hassle-free workplace, where responsibility for all that ugly tedious expensive employee admin was magically taken away and dealt by a third-party,  and instead "jogged" the agencies on, split the difference in cost to the agency, between the prospective employee, and the incumbent responsibilities for those employees; then in all likely hood, wages would rise for the employee and one would broadly assume permanent, secure, relatively well-paid roles with training and development and a future, would produce loyalty.

But what do I know? I just look in and see the same set of circumstances everywhere, and hear the same gripes from both sides, but apparently, never the twain shall meet as long as the agencies are also agents of fear for employers, who also allegedly have the magic beans that cure the problem, for both parties. Flexibility for employees (read short notice, you are changing jobs on Monday). Hassle-free employment (see lines above … avoided responsibility).

I tend to think of the agencies as the workplace mafia. Disagree: Go and read a Manpower job advert all the way to the end. Then just read some copy and paste job descriptions across agencies on job boards, and you won't be able to make an informed choice, because the words are the same, the salaries are the same, they are just white noise. There are two contradictory issues in the situation: One: there appears to be too much choice among things of equal value (very little value ). Two: There is so little differentiation you can't make an informed choice. People react to this in exactly the same way as they do when presented with bland voices amongst consumer goods .... they walk away.

The core issue isn't jobs. it's agencies, and I could write as many words again about the recruitment personnel and practices as I have about the labour market, but frankly, just read some modern job adverts … the penny will drop soon enough.

Joe Rogan, Siddharth Kara: Cobalt Red: How the Blood of the Congo Powers Our Lives.

Ok, so this isn’t my usual fare (and hello … I have been absent, it happens, I’m a very busy man all of a sudden). Below is an economist Edi...