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Housing represents the main asset class held by UK households and we shall try to understand why it is held as such a large share of assets. We shall then outline whether this choice has other knock on effects in the economy such as labour and social mobility.
In 1977 or thereabouts a collection of scientists huddled around a secret radio receiver in the US desert. This was the start of GPS, Glonass, Gallileo and the whole navigation industry. But how does this technology work? And are there situations when it does not work?
In the long run, in an Internet society, it is claimed, we will neither need nor want doctors, teachers, accountants, architects, the clergy, consultants, lawyers, and many others, to work as they did in the 20th century. - Is this true?