Demography, price-earnings ratios – and the PP

The  Money section of the weekend's FT - yes, a regular read for me, though usually as a bit of financial anthropology more than anything else -  carried a piece by Norma Cohen which suggests that the investment growth of the late C20 will not be recovered for a long time, if at all.  The reason for this is the change shape of Western populations:  the passage of baby-boomers from middle age into retirement, and the shrinkage of the youth population.  The proportion of people aged 65+ in the UK has risen to 17%, and is projected to go up to nearly 25% in the next two decades. Conversely the 35-54 group is declining.  This…
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ONS and part-time pay

The Guardian today carries a full-page item on 'Gender pay gap could close...by 2040'.   My first point is to give the paper a big pat on the back for its visual presentation of the statistics.  They really do work hard with the design to make the different magnitudes easily accessible, even to those of us who lack intuitive gasp of numbers.  I note also that they judiciously choose green and orange for men  and women, carefully eschewing steretypical gender colours.  I've had some intrafamilial disagreements on whether I should do the  same for my Paula Principle charts. The Guardian piece gives good prominence to the place of part-time pay.  But it's definitely worth…
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Pauline conversion? Bishops and other authorities

I'm not a Christian, so maybe I shouldn't comment on  the non-decision of the Church of England on whether or not to have female bishops.  But the issue gives a particular twist to the arguments around  how competence is recognised, and so adds a novel dimension to the Paula Principle debate.  And as I come to later in this blog, the arguments recur in surprising places. I haven't followed the church  debate in detail, so what follows is musing rather than analysis.  One line of argument from those opposed to women bishops could be that women could technically do the  job perfectly well, but unfortunately for them the theology forbids it.  A different line would be to…
Read More

Demography, price-earnings ratios – and the PP

The  Money section of the weekend's FT - yes, a regular read for me, though usually as a bit of financial anthropology more than anything else -  carried a piece by Norma Cohen which suggests that the investment growth of the late C20 will not be recovered for a long time, if at all.  The reason for this is the change shape of Western populations:  the passage of baby-boomers from middle age into retirement, and the shrinkage of the youth population.  The proportion of people aged 65+ in the UK has risen to 17%, and is projected to go up to nearly 25% in the next two decades. Conversely the 35-54 group is declining.  This…
Read More

ONS and part-time pay

The Guardian today carries a full-page item on 'Gender pay gap could close...by 2040'.   My first point is to give the paper a big pat on the back for its visual presentation of the statistics.  They really do work hard with the design to make the different magnitudes easily accessible, even to those of us who lack intuitive gasp of numbers.  I note also that they judiciously choose green and orange for men  and women, carefully eschewing steretypical gender colours.  I've had some intrafamilial disagreements on whether I should do the  same for my Paula Principle charts. The Guardian piece gives good prominence to the place of part-time pay.  But it's definitely worth…
Read More

Pauline conversion? Bishops and other authorities

I'm not a Christian, so maybe I shouldn't comment on  the non-decision of the Church of England on whether or not to have female bishops.  But the issue gives a particular twist to the arguments around  how competence is recognised, and so adds a novel dimension to the Paula Principle debate.  And as I come to later in this blog, the arguments recur in surprising places. I haven't followed the church  debate in detail, so what follows is musing rather than analysis.  One line of argument from those opposed to women bishops could be that women could technically do the  job perfectly well, but unfortunately for them the theology forbids it.  A different line would be to…
Read More

Demography, price-earnings ratios – and the PP

The  Money section of the weekend's FT - yes, a regular read for me, though usually as a bit of financial anthropology more than anything else -  carried a piece by Norma Cohen which suggests that the investment growth of the late C20 will not be recovered for a long time, if at all.  The reason for this is the change shape of Western populations:  the passage of baby-boomers from middle age into retirement, and the shrinkage of the youth population.  The proportion of people aged 65+ in the UK has risen to 17%, and is projected to go up to nearly 25% in the next two decades. Conversely the 35-54 group is declining.  This…
Read More

ONS and part-time pay

The Guardian today carries a full-page item on 'Gender pay gap could close...by 2040'.   My first point is to give the paper a big pat on the back for its visual presentation of the statistics.  They really do work hard with the design to make the different magnitudes easily accessible, even to those of us who lack intuitive gasp of numbers.  I note also that they judiciously choose green and orange for men  and women, carefully eschewing steretypical gender colours.  I've had some intrafamilial disagreements on whether I should do the  same for my Paula Principle charts. The Guardian piece gives good prominence to the place of part-time pay.  But it's definitely worth…
Read More

Pauline conversion? Bishops and other authorities

I'm not a Christian, so maybe I shouldn't comment on  the non-decision of the Church of England on whether or not to have female bishops.  But the issue gives a particular twist to the arguments around  how competence is recognised, and so adds a novel dimension to the Paula Principle debate.  And as I come to later in this blog, the arguments recur in surprising places. I haven't followed the church  debate in detail, so what follows is musing rather than analysis.  One line of argument from those opposed to women bishops could be that women could technically do the  job perfectly well, but unfortunately for them the theology forbids it.  A different line would be to…
Read More