Even The 'today' Programme Involves A Balance

There Is A Strong Link Between The Following Three Things: Exporting, Manufacturing And The Degree Of Saving By The Population. It's Complicated, But If The Population Doesn't Save, The Economy Will Not Tend To Export As Much, And If It Doesn't Export As Much, It Won't Manufacture Enough.

The Two Questions That Anyone Ever Asks Me Are: 'are House Prices Going To Go Down?' And 'is It A Good Time To Fix My Mortgage Rate?'

Put Simply, Behavioural Economics Argues That Human Beings' Decision-taking Is Guided By The Evolutionary Baggage Which We Bring With Us To The Present Day. Evolution Has Made Us Rational To A Point, But Not Perfectly So. It Has Given Us Emotions, For Example, Which Programme Us To Override Our Rational Brain And Act More Instinctively.

Most People Hugely Underestimate The Amount Of 'empty Space' We Have In Our Country. Fly Over The U.k., And You See That Human Settlement Does Not Fill Up The U.k. At All. It Accounts For Something Of The Order Of 15 Per Cent Of The Landmass.

It's Not A Bad Idea To Occasionally Spend A Little Time Thinking About Things You Take For Granted. Plain Everyday Things.