Opinion – 8 must-read economics stories of the week – Agenda – The World Economic Forum

According to the WEF, the UK’s ‘high-growth small businesses’ are world news this week. WEF provides a curated list of some of this week’s most interesting stories on economic growth and social inclusion.

Source: 8 must-read economics stories of the week – Agenda – The World Economic Forum

Personally, I think that the UK’s small businesses could do with some serious help from Chancellor, George Osborne and his government colleagues.

Dr Alf’s Seven Point Plan

  1. The UK’s big-businesses have powerful industry lobbies and can employ tax experts to reduce their tax bills. Small businesses often don’t get the tax breaks  – So there’s an urgent need to level the playing fields. For example, I would like to see small businesses get triple tax credits for investment in research and development. Also small businesses should get triple tax credits for professional development (there’s room for a whole new industry here).

2. The UK’s banking system favors those who work in big banks and their chums in big-business. Since 2008, small businesses have often struggled with mainstream finance from banks. More government guarantees are required to help ratchet up small business finance.

3. Local authorities should be encouraged to give small businesses, a three-year holiday from local taxation. This can be recouped from big-businesses operating in the local authority area, including shops.

Remember small business are better than big businesses for creating new jobs. Graduates are tired of stacking super-market shelves!

4. All UK public services in both central and local should give priority to small businesses.

5. The Brexit  debate must major on cutting red-tape and bureaucracy for small businesses.

6. The media should be given incentives for sponsoring public appetite for small businesses. We need more people like Lord Sugar to step forward.

7. Finally, central and local government departments should get special fiscal incentives to replace big consulting firms with independent executives and consultants. This would create more competition, increase public value-for-money, enhance small business development and possibly create a new export opportunity. I know that my good friend John Gelmini has leveraged his UK public sector experience and is looking to major export opportunities.

These are a just strawman proposals. My personal brainstorm.

Why don’t you brainstorm this with your friends? Then tell George Osborne. Here’s his Twitter handle @George_Osborne

Please feel free to chip in with your own ideas below. If we get a bit of debate, perhaps we’ll share it with George!

Opinion – ‘Nagara’ comes into its own in the age of multitasking | The Japan Times – John Gelmini

English: CPU Time on Single CPU Multi Tasking ...

English: CPU Time on Single CPU Multi Tasking System (Photo credit: Wikipedia)

Multi-tasking is great for computers but not for humans!

Multi tasking creates inefficiencies, in that the lack of focus on the job in hand causes all the activities to be undertaken sub-optimally.

Certainly, one should have variety in one’s work or life but the activities should be dealt with sequentially.

As for keeping one’s brain in reasonable working order, Luminosity is one of the better ways, along with learning languages as Dr Alf has discovered for himself.

My approach is simpler and involves the ingestion of 44 vitamins and minerals daily, plus GH3 Advance, which in serum strength form slows down the effects of ageing quite markedly.
I continue to read extensively, undertake interim work, travel, exercise modestly, drink hardly any alcohol, fast 2 days a week, get an adequate amount of sleep, network with interesting people and avoid foods which cause memory loss, such as those containing glazed sugars, whilst eating foods which contain Lethicin, such as green vegetables which seems to help.

Testosterone supplements, reciting certain mantras practiced early in the day along with alpha brain wave entrainment and interacting with younger and more intelligent people than myself also assists the process of slowing down the inexorable march of time.

Periodically, changing one’s route to places and observing things aggressively, rather than being in a state of semi-trance helps and to remember more. I read late at night in a somnambulist state so that the material enters my subconscious as many Actors do to learn their lines.

The late Zig Ziglar, the American motivator, who started his life as a preacher used to counsel watching a lot less television and learning new things whilst driving or at home.

This process plus examining comparative religion /competing philosophies, mixing with people of different cultures, avoiding polluted environments and keeping up with new developments is what I have found helpful to maintaining balance, mental alertness and rationality in a world filled with seductive distractions, symbolism and easy answers which do not deliver.

John Gelmini