Luke Johnson on real wealth creation

Luke Johnson is on fine form in his FT column

“Genuine wealth creation does not derive from speculating in real estate – it comes from advances in technology and production…..Pension funds, insurance companies, banks and other institutions should be rewarded for backing companies that create jobs and penalised for investing in inanimate assets such as property, commodities and suchlike.”

The rest of his article is here

I agree and if there are to be tax cuts to stimulate the economy why not cut national insurance contributions by employers smaller businesses and new business start-ups? When unemployment is rising as quickly as it is the key is to prevent hugely damaging ‘slash and burn’ labour shedding by businesses who have become heavily risk averse.

Economics Explained, by Evan [12 Feb 2012]
Martin Wolf on Global Shocks [10 Feb 2012]
Unit 2 Macro: Growth and Development - Some Indicators [30 Jan 2012]
Unit 1 Micro: Can the UK Computer Games Industry Grow [24 Jan 2012]
Unit 4 Macro: Money, Debt and the New World Order [22 Jan 2012]
Unit 2 Macro: Living below the Breadline [19 Jan 2012]
Unit1 Micro: Processed Meat and Cancer Risk - Information Failure? [17 Jan 2012]
Unit 2 Macro: Frontier Markets - the New BRICS? [15 Jan 2012]
Unit 4 Macro: UK Bond Yields Reach Record Lows [11 Jan 2012]
Hopes and Fears 2012 [10 Jan 2012]
Unit 2 Macro: A Jobs Boost for the US Economy [8 Jan 2012]
Unit 4 Macro: Natural Disasters and their Economic Impact [7 Jan 2012]
Unit 2 Macro: Revision Quiz on Economics of Unemployment [5 Jan 2012]
Unit 4 Macro: Video Resources on Unemployment [3 Jan 2012]
Unit 4 Macro: Exchange Rate Economics - Where next for the US Dollar? [31 Dec 2011]
Unit 2 Macro: The UK Housing Market in 2011 [26 Dec 2011]
Economics of Deforestation [20 Dec 2011]
Unit 2 Macro: Long Term Unemployment - A Human Story [15 Dec 2011]
Unit 2 Macro: Will a Youth Jobs Subsidy Work? [30 Nov 2011]
Where is the UK Economy? National Output [22 Nov 2011]
UK unemployment in November 2011 - a video overview [22 Nov 2011]
Beyond the Bike - What is the value of life in Africa? [19 Nov 2011]
Unit 2 Macro: A Prezi on Unemployment Policies [16 Nov 2011]
LSE Lecture: Daniel Kahneman - Thinking Fast and Slow [15 Nov 2011]
Unit 2 Macro: Should the EU introduce a Tobin Tax? [14 Nov 2011]
Unit 1 Micro: Asymmetric Information - Buying a Used Car [14 Nov 2011]
AS Macro: The State of British Business [13 Nov 2011]
Unit 4 Macro: America’s hour-glass economy [9 Nov 2011]
Unit 2 Macro: Video Clips on Unemployment [6 Nov 2011]
Unit 4 Macro: Should TNCs make full disclosure on factory wages? [30 Oct 2011]
Unit 4 Macro: Unemployment Chart Resource Download [29 Oct 2011]
Unit 2 Macro: A Widening Regional Divide in Life Expectancy [19 Oct 2011]
Can the “invisible hand” solve Africa’s poverty? [13 Oct 2011]
UK Unemployment in October 2011 [12 Oct 2011]
Why Is Macroeconomics Such A Mess? [11 Oct 2011]
Unit 3 Micro: Tube Drivers set to earn £50,000 a year [3 Oct 2011]
NMW: Classical real-wage unemployment [3 Oct 2011]
Unit 1 Micro: Drink Driving and Government Intervention [26 Sep 2011]
Unit 4 Macro: Greek Economy at Default’s Door [25 Sep 2011]
Unit 4 Macro: IMF Flags up Risks of Double Dip [20 Sep 2011]
Public vs Private Sector - the world’s largest employers. [12 Sep 2011]
UK Macro: Risks of a Double Dip Recession [12 Sep 2011]
Monetary Policy Roundtable [25 Jul 2011]
“We need to make more stuff, using the same number of people…” [16 Jul 2011]
Unit 4 Macro: Dangers of High Inflation [11 Jul 2011]
Unit 2 Macro: Reducing Unemployment after a Recession [11 Jul 2011]
Where there’s muck there’s brass [6 Jul 2011]
Global Economy: Increased risk of future shocks [28 Jun 2011]
Structural unemployment in the UK - insights for 2011 [13 Jun 2011]
A2 Macro: Consumer Spending [30 May 2011]
Macro Revision: Putting Things in Context [25 May 2011]
AS Macro Key Term: Supply-Side Policies [25 May 2011]
AS Macro Key Term: Deflation [24 May 2011]
AS Macro Key Term: Trend Growth [23 May 2011]
AS Macro Key Term: Recession [23 May 2011]
AS Macro Key Term: Spare Capacity [23 May 2011]
AQA A2 Economics - European Context [23 May 2011]
AS Macro Key Term: The Output Gap [23 May 2011]
Revision notes on unemployment [22 May 2011]
A2 Micro: The Importance of Profit [19 May 2011]
A2 Micro: Business Growth [18 May 2011]
A2 Micro: Ownership and Control in Modern Businesses [18 May 2011]
Unit 3 Micro: Diseconomies of Scale [18 May 2011]
AS economics: Using the cost-benefit principle [18 May 2011]
UK Economy Update: What Mervyn Said [11 May 2011]
Electric car charging points ‘shortfall’ [11 May 2011]
Review of “Adapt” by Tim Harford [9 May 2011]
AS Micro: Offering heart drugs by default [5 May 2011]
Interest Rates Held at 0.5% once again [5 May 2011]
A2 Micro: Innovation in Markets [4 May 2011]
Australia Booming Ahead [21 Apr 2011]
OCR F585 June 2011: A Brain Drain from Spain? [13 Apr 2011]
Focus on Ireland’s Economy [12 Apr 2011]
AS Macro Key Term: Frictional Unemployment [11 Apr 2011]
A2 Macro: Back to Roubini - a Year On! [11 Apr 2011]
AS Macro Key Term: Seasonal Unemployment [10 Apr 2011]
AS Macro Key Term: Double-Dip Recession [8 Apr 2011]
AS Macro Key Term: Jobless Recovery [8 Apr 2011]
ECB breaks rank and raises interest rates [7 Apr 2011]
EU Economics - Portugal Reaches for Bail Out [6 Apr 2011]
AS Macro Key Term: Aggregate Supply Shock [6 Apr 2011]
Focus on Poland [5 Apr 2011]
Tutor2u Visits Madrid! [4 Apr 2011]
Information Failures: Tesco and Second Hand Cars [3 Apr 2011]
Timetric: Unemployment in the US Economy [1 Apr 2011]
OCR F585 June 2011: Data Charts (2) [30 Mar 2011]
Pacific Peso Reaches 29 Year High! [30 Mar 2011]
Structural unemployment - Top 10 Dying Industries [28 Mar 2011]
Progress towards low carbon economic growth [18 Mar 2011]
Keeping Track of UK Macro Objectives [18 Mar 2011]
Unemployment Rises - Good News! [17 Mar 2011]
Focus on Spain [16 Mar 2011]
Timetric: Unemployment Rates for Selected Countries [12 Mar 2011]
Timetric: UK Consumption as a Share of GDP [12 Mar 2011]
Dambisa Moyo - How the West was Lost [11 Mar 2011]
Ireland - Mass Unemployment and Shrinking GDP [10 Mar 2011]
Timetric: Regional Unemployment in the UK [4 Mar 2011]
Timetric: Long term Unemployment in the UK [2 Mar 2011]
The Consumer Pants Index (CPI) [1 Mar 2011]
Information Failures: Health Warnings on Cigarette Packets [27 Feb 2011]

ECONOMICS TEACHER RESOURCE NEWSLETTER

Join over 6,000 other Economics Teachers in the UK and around the world who receive the tutor2u regular Economics Resource Email Newsletter. Get special offers, first news of latest resources, teaching ideas, conferences and workshops + loads of great ideas for teaching economics from our blog authors.