Author Archives: Amir

The latest Forbes rich list has just been published with Bill Gates coming top with a personal wealth of $86bn. The combined wealth of 2000 billionaires exceeds $7 trillion! I am not really sure what to make out of it. Are … Continue reading →

Facebook has announced its intentions to go public through an IPO (Initial Public Offering). There is talk that the company will be valued at up to $100bn. Here are some company numbers: Revenue for 2011 is reputed to be $3.7bn Net … Continue reading →

Taxation is the revenue that the government collects in order to deliver public services such as health, education, welfare and defence, etc. In the UK these revenues come from Income Tax, National Insurance Contributions, Value Added Tax, Council Tax, Corporation … Continue reading →

In a recent article that appeared in Bloomberg Businessweek, written by Charles Kenny, he seemed to extol the virtues of Big Business, particularly when it comes to comparing with Small Business. Here is one excerpt from that article: ‘If you’re … Continue reading →

When the Coalition government decided on budget cuts and austerity measures, it claimed that by reducing the scale of the national debt we would restore the fiscal integrity of the state and prevent default. That would appease the financial markets … Continue reading →