What you can buy for a trillion dollars

Article Abstract:

Economic growth is creating considerable personal wealth in the US and, to a lesser extent, the UK. This trend is serving to reduce the power of government, with private sector funds increasingly replacing state funds for large infrastructure schemes. As in the early years of the 20th century, the most successful companies are generally run by powerful individuals, rather than by managers drawing a salary. Extremely wealthy individuals are now in a strong position to influence government policy, and governments often have to turn to these people to ensure that certain tasks are undertaken.

Influence, Rich, Rich people

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Farewell, couch potato

Article Abstract:

There has been a trend in the second half of the 20th century for leisure activities to become more passive, particularly as television has become cheaper and more sophisticated. However, there are indications that this trend could now be reversed by highly developed computer services that are constantly becoming cheaper. It is necessary to be active in order to use a computer effectively, and it is likely that the next generation of young adults will be very talented at gathering and manipulating information.

Prepackaged software, Social aspects, Internet software, Information technology

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EMU and the tramp of jackboots

Article Abstract:

European Monetary Union (EMU) could spark off war between France and Germany, according to European bureaucrat Bernard Connolly. This view has been welcomed by Eurosceptics in the UK, while those in favour of EMU have dismissed it as an example of British over-reaction. It is certainly true that EMU is a Franco-German scheme, and it will only be successful if the economies of these two countries are sufficiently integrated.

Political aspects, Monetary unions

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