Market Thinking

making sense of the narrative

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Category: COVID-19

Big Data….available but not being used (yet).

Diary As I sit here in my ‘bijou’ residence at Hong Kong airport for my ninth day of ‘totally necessary and not at all pointless’ Quarantine, (TNANAAPQ) with nothing to do but write blogs (!), I am interrupted by a Read more…


A small prediction

Or two. First, that the Medical Industrial Complex is going to push its agenda to the maximum in the U.K. ahead of the much delayed ‘dropping of restrictions’ on Monday. Second that the opinion polls will be wrong. Again.The propaganda Read more…


The Full Melchett

In a tiresomely predictable piece of policy-based evidence-making, the UK authorities have continued to use their self appropriated powers to put almost all of the UK into their new Tier 4, which is lockdown by any other name, although importantly Read more…


Has the WHO just given politicians a way out?

The heavy politicisation of Covid in the US Elections is a key reason why we have our fingers crossed that things will calm down after November 3rd, whoever wins. It is clear that the Democrats see it as their best Read more…


Warden Hodges is running the narrative

In a previous post back in May, we highlighted how the UK response to Covid resembled nothing so much as an episode of Dads Army: with the scientists at Imperial College playing the role of Private Frazer (“We’re all doomed”), Read more…


Covid and the 5 Monkeys Experiment

The Five Monkeys experiment is a classic thought experiment with implications for human behaviour. The following pictogram sums it up. Essentially this is where we appear to be right now with Covid and social distancing. As Jonathan Sumption pointed out Read more…


Let’s just copy the other guy

The economics of shutdown will undoubtedly go into the history books, but so will the psychology and the politics, as well as the psychology of the politics. Right now, the logical gymnastics being performed to not only justify previous policies Read more…


Ask an expert

There are two important aphorisms to remember when consulting ‘experts’ ; the first is Warren Buffet’s comment that “You should never ask a barber if you need a haircut” , or in a similar vein, ask a General if you Read more…


We are in a real life Stamford Prison Experiment

One of the most famous chapters in psychology involves what is  known as the Stamford Prison experiment, conducted by a Stamford Psychology Professor Zimbardo back in in 1971. In the experiment a group of volunteers were randomly split into two Read more…


The consensus being challenged..

Having highlighted the role of Professor Neil Ferguson and the team of catastrophists at Imperial College in the 2001 Foot and Mouth Disease response (Oxford versus Imperial) it was interesting to see the article in the Daily Telegraph on Saturday Read more…