Why US GDP is higher

It seems that US GDP always seems higher than European GDP. A fact that US pundits always seem to crow about. It seems that there may be a reason for this (other than the fact that the US is a dynamic environment to work in). As Philip Greenspun reports on his blog, if health and education are privatized (as they are in the US), then there are some additional monetary of this reflected in the GDP numbers that are excluded in countries with socialized health and education programmes. A conclusion that Philip attributes to Piketty.

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The Olympic Flame

So, on Sunday I was lying on the couch reading when I heard this commotion from Oxford Street. I jumped up and went out onto the balcony – just in time to see the Olympic Flame go past! It was driven past on an open top bus, held upright by this girl in a track-suit.

Where to Live

I live in London, on Oxford Street. You can’t really live in a more urban environment than that. Last weekend Helen and I got out of London to the North Downs to go hiking. For me, this is the ideal lifestyle; live in the city in an exciting, stimulating environment. When you feel like “getting back to nature” – pick the environment you want, and go there for the weekend. The countryside is a great place to visit, but I wouldn’t want to live there!

Fire on Oxford Street!

I heard the sound of sirens, so went to our balcony to see what was happening. There were fire trucks and police and a bank of red buses queued up. It all seemed to be centered a couple of blocks from our apartment. Helen and I walked down the street and I snapped a couple of pictures.

Fire on Oxford Street Fire from our balcony

Birthday Post!

Another day older today. Helen made me breakfast – sausages, bacon, mushrooms – which we ate on the balcony overlooking Oxford Street. I have been having a completely self-indugent day, watching DVDs and playing on my notebook. Almost too lazy to post a blog entry! I figure I’ll type something up to mark the day.

Tim and Anna and kids should be arriving from Tokyo, so the evening may be structured around bottles of champagne in their hotel room. Just a guess.