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Bazyle17/06/2019 16:14:47
4906 forum posts
195 photos
Posted by Hopper on 17/06/2019 06:46:56:
That's hardly any increase at all. Rougly 16 million in 70 years. About half of one per cent a year? That's a dangerously low population growth rate, many economists say. (They must not have to queue in traffic on the way home, somehow.)Edited By Hopper on 17/06/2019 06:49:54

Trouble is the rate since 2005 doubled that of the previous two decades and in the '70's it was flat.

RMA17/06/2019 17:22:08
225 forum posts
4 photos
Posted by SillyOldDuffer on 17/06/2019 10:50:24:

OMG, not long ago I found myself defending Accountants, and now it's Economists! What next, Estate Agents?

Sad to see Economists being rubbished on the forum when the two who made the world rich were both British. Adam Smith invented Free Trade and the idea of Growth (which generates wealth), and John Maynard Keynes realised that money borrowed from the future could fix hard problems today. Despite cracks, both ideas have been extremely successful.

Economics is what I'd call a semi-science; although there are underlying rules that can be exploited, irrational human behaviour intrudes - everything between mob panic and financial Unicorns. What happens in the economy is due to a mix of rational and irrational thought. We are all emotional about money.

The economist's job is to discourage financial foolishness by improving decision making. What they do is imperfect and they get it wrong sometimes, or - more likely - unpopular advice is watered down. However, when it comes to the wealth of nations, an economist is a far better bet than man-in-pub. At least economists understand the basics. Financial management based on ignorance, prejudice, misunderstandings, or narrow personal experience is high-risk.

Putting it another way, criticism is cheap and easy. Any fool can do it, and - when irritated - people lash out. But, like any badly made cheap-tat, it's best if the quality of ideas meet minimum standards. Good criticisms come with with a viable alternative . You need to say 'This is what's wrong, here's a sensible alternative.' Then others can test the 'sensible alternative' to confirm it holds water and isn't flawed, or is just empty political vapouring.

I understand the frustration, but replacing economists, or any other kind of specialist, with unqualified blokes who happen to agree with you is a good way of making things worse.

Not everyone agrees with me. The philosopher Thomas Carlyle described economics as a 'Dismal Science' but he was a Scot with stomach ulcers...


It's arguable whether those economic models have been a success. Financial management is one thing, not many businesses or households would survive long without it, but crystal ball gazing is another. That Canadian chap who runs the Bank of England for instance consistently gets things wrong, unfortunately too many people making decisions based on his utterings.

The thing with this argument is a bit like economists, no one is right!

Anthony Knights18/06/2019 08:00:31
312 forum posts
117 photos

One last word, then I won't bother posting anymore. In my teens, I lived in Skegness, so know Wainfleet well. Or I thought I did. I don't recognise the place now . All the housing I have seen on TV look like newish buildings to me. Built on a flood plain ?

I will now get back in the workshop before I upset anyone else.

RMA18/06/2019 08:12:45
225 forum posts
4 photos

I don't think you've upset anyone, forums are for discussions and debate (like the ones we have in our clubhouse, although they can get a bit heated). Keep posting, there are some very interesting topics on here as well the wealth of technical knowledge from members around the world.

We all moan about the internet at times, but it has created many 'families' for various activities and hobbies.

Bazyle18/06/2019 18:29:28
4906 forum posts
195 photos

Money - in your pocket and in the bank on Monday there was a program that included some history of the Bank of England. Not what you thought.

At 1100ft I'm not too worried about flooding. If the water reaches me the world is doooomed.

the artfull-codger18/06/2019 18:56:11
249 forum posts

Where I live in north yorkshire we get our water from keilder & we've never had a hosepipe ban,I have a large veg garden & have storage tanks on the house,workshop,barn & garage,about 800 gallons & we're on a meter as only the 2 of us,the last thing I want to do is pay for water for the garden,when you pay your water bill the sewerage rate is based on water used so I suppose "technicnally" if you use rainwater to flush the toilet your actually fiddling them.

Tony Pratt 118/06/2019 18:56:11
988 forum posts
3 photos
Posted by Anthony Knights on 18/06/2019 08:00:31:

One last word, then I won't bother posting anymore. In my teens, I lived in Skegness, so know Wainfleet well. Or I thought I did. I don't recognise the place now . All the housing I have seen on TV look like newish buildings to me. Built on a flood plain ?

I will now get back in the workshop before I upset anyone else.

Unfortunately many modern houses have been built on flood plains.


Phil Whitley18/06/2019 20:47:15
1017 forum posts
132 photos

There is a large undergorund beehive cistern under my workshop, a left over from the previous victorian (or earlier) buildings. It is fed from the roof gutters ,it is BIG and thanks to our new wetter climate, stays full constantly. I have a pumped pressure system that flushes both toilets, and supplys water for handwashing to one instantaneous and one storage water heater. I also have a raw water tap for pressure washing. The only water charges I pay is the one to put your surface water into the sewer. I pay no sewage charge whatsoever, as sewage charge is based on a percentage of the water that goes through my meter, and as that water does not feed the toilets cisterns, they cannot make a sewage charge. I negotiated this deal with Yorkshire water, it was not a problem although they tried to make me pay a sewage charge untill they realised that I Knew they couldnt! You own the water that falls on your property and every Sq ft of roof provides .6 of a gallon per inch of rainfall!

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