Defending the bully-d*ckhead Russell Brand

A clever piece by "Squander Two", apparently going viral, about a confrontation with the poseur and unfocused protorevolutionary Russell Brand (htp: Anna Raccoon). And yet...

I've commented:

Brand is a blast from the past - about 1968 - 72-ish. And doubtless quite easy to rile, just like the American reporter who questioned Lennon in the 1969 bed-in and got a snarly Liverpudlian response.
 
On the other hand, your piece I find has a whiff of the disingenuous; artful stuff, all those references to food. Hungry bankers at Christmas... Skilfully done, some good points, and of course RB is not really much good at argumentation, which is why he uses so many words. Expect you'd beat him in a debate. Maybe that's why the BBC gives him airtime, to strike a faux balance between protest and the Establishment and weaken the former's credibility. That and his priapic reputation.

Shame so few people talk about the way the banking industry, encouraged by politicians, has messed up the economy with excessive debt and resource misallocation since at least the 70s, but that's a subject RB isn't up to analysing in his Michael Moore-ish way.

By the way, I'm given to understand it's noradrenaline, not adrenaline, that powers the fight or flight reaction. Either way, I don't blame you a bit for curdling at his invasion of your personal space.

If only there was a less vain and more penetrating advocate than the slightly addled Brand. The PPI and FX rows are tiny thunderrumbles compared to the gathering Force 5 financial hurricane caused by decades of monetary warming. Or maybe I'm wrong and it'll all turn out for the best in the end. Let's leave it to the experts as the economy "recovers", hey?


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GDP: friend or foe?

I attended the British Association for the Advancement of Science Conference in Birmingham in 1977, and even then economists were asking whether GDP was a useful measure. The example I remember was eating more sweets and consequently visiting the dentist more often.

Should we be quite so concerned about goosing GDP with quantitative easing etc, or is it just a trap to make us continue misallocating resources?