Of cats and dogs

23 June 2023|

In Stephen Leacock’s short story 'Q: a psychic pstory of the psupernatural', a character called Annerly reports that an acquaintance he refers to as ‘Q’ experienced the following manifestation of his dog: “Well, then, the projection, or phanogram, of the dog passed in front of them so plainly that Miss M swore that she could have believed that it was the dog himself. Opposite the house the phantasm stopped for a moment and wagged its tail. Then it passed on,

The mystery of magnitude

16 June 2023|

How wealthy is Elon Musk? ‘Very’ would usually suffice, but to be more precise his net worth is somewhere around an eyewatering $200 billion. We can all agree that this is a lot, and probably don’t feel we need to waste an unnecessary amount of time trying to grasp its true magnitude. But put it this way: someone earning the median UK salary of roughly £33,000 would have to work for nearly 4.4 million years, without spending a single penny,

More leisure, please

9 June 2023|

I have not worked a five-day week since April. Yes, really! Between a few days of annual leave and the alarming number of public holidays that we had last month, it’s been a while. But could this amount of leisure soon be the new normal? Writing in 1930, John Maynard Keynes famously hypothesised that we could be working 15-hour weeks one hundred years hence. I think he may have got the timing wrong, but we are certainly moving in that

Awe inspiring

2 June 2023|

On a recent trip to Northern Ireland, my fellow Fathomites Ingrid and Ellen and I went on a hike to the Giant’s Causeway. It is a unique formation of rocks, tall hexagons of stone towering over the water at the very top of Northern Ireland, with beautiful green hills surrounding it giving the landscape a dramatic look. It is no wonder that the place has been a source for folklore – legend has it that the Irish giant Fionn Mac

The death of competition

26 May 2023|

In a capitalist system, is competition in the market always doomed to suffer a slow death? This sort of question takes on fresh urgency during economically challenging times, when ordinary people tend to struggle while giant corporations sail on regardless. I have attempted to strike a balance in my answer, but no matter how hard I try to weigh up the pros and cons with an even hand there is one ineluctable fact — namely, the concentration of production into

The vibes are sus

19 May 2023|

Banking crisis. Inflation. War. There are reasons to be gloomy. When it comes to the economy, however, the killjoys seem to hold too much sway right now. Yes, the COVID recession was severe. But it was also incredibly short, and the recovery has been much swifter than many expected. Since then, inflation has been high, but aggressive hiking cycles have (so far) been absorbed remarkably well. Meanwhile, Russia’s invasion of Ukraine and the subsequent impact on energy markets has had

What is in a name?

12 May 2023|

Are you one of those people who absolutely hates shopping? Or are you spending as much on therapy to deal with your shopping addiction as you are on the latest designer brands? Either way, you're not alone. According to, one study, around 1 in 5 US consumers feels stressed when going shopping, while more than 1 in 10 experiences high stress levels while buying online. However, there are still plenty of shopping enthusiasts out there. Half of men and 70%

Intergalactic economics

5 May 2023|

Early on 31 December 2020 the two biggest alliances in the known universe began the largest and bloodiest battle ever witnessed. The Imperium had managed to damage a key component of the PAPI Coalition’s military strategy: a Cyno Jammer, with the function of blocking warp gates, the technology through which entire fleets are able to jump into warzones. Without the use of its jammer, the PAPI Coalition was unable to control the flow of friendly and enemy starships and became

Cabin crew, ready for take-off

28 April 2023|

Since I moved to London, I’ve noticed planes flying over my head quite regularly. Probably most Londoners pay no attention to it, but I guess the aerophobia I’ve always suffered from makes me especially aware of their presence. Inspired by this, I decided to look at some statistics for London airspace. Could this data also be helpful to predict economic activity? Given the size of London and its global importance as a financial, educational and tourist hub, it comes as

Only connect

21 April 2023|

The first time I attended a baseball match was in 2006 in Philadelphia. I was living there at the time and wanted to absorb some of the culture. Since I was ignorant of the rules, not to mention the (apparently infinite) subtleties of the game, I got chatting to the bloke sat next to me – a US citizen who’d lived in Philly for the last 20 years. He noticed my accent immediately, and the following conversation ensued. You’re British?