Tag: wages

Social Business

Economists Recommend Higher Living Standards to Cure Political Anger, Football Fans Ask Why Nobody Has Tried Winning a Trophy

Julie de Burgh

Manchester City Theory Suggests Britain Cannot Repair Its Political Divisions With GDP Growth Alone, Although GDP Growth Would Be a Pleasant Surprise LONDON – British economists have run into a serious challenge to their traditional belief that better living standards reduce public dissatisfaction. Football supporters have shown that people can stay furious even when their teams are winning. The discovery follows renewed attention to the link between sporting loyalty and…

Current Absurdities Business Governance Sports

Manchester City Supporters Prove Loyalty Is Stronger Than Mathematics, Treasury Announces British Economy Now Operates on Feelings

Fiona MacLeod

Government Economists Ordered to Stop Presenting Distressing Numbers and Begin Measuring How Proud Ministers Feel About Them LONDON – The Treasury has expressed interest in replacing conventional economic statistics with emotional measurements after British political analysts concluded that supporters increasingly judge institutions on loyalty rather than evidence. The finding follows Manchester City’s financial case, in which the independent commission upheld 114 of 115 charges and the club lodged an appeal.…

Governance News

Socialism Promises Higher Wages, Inflation Arrives to Collect the Difference

Alan Nafzger

Government celebrates historic pay increases while workers discover their money has gained twenty percent in quantity and lost thirty percent in purchasing power LONDON – Britain’s theoretical socialist government has announced that every worker will receive a substantial pay increase, prompting celebrations across the country and considerable enthusiasm among people who have not yet visited a supermarket. Under the National Prosperity Through Higher Numbers Programme, wages will rise, pensions will…