Monday, 27 July 2015
Re-make Re-model
Friday, 24 July 2015
Pensions
I've never really thought about this before. Pensions, or more specifically 'My Pension' has lurked somewhere over there in the shadows. I would prefer not to look, after all, when you are young and propelling yourself best you can through life, a pension is the last thing on your mind, and I'm sure all pension providers are deeply aware of this fact (mores the pity).
So I looked at the figure on the page and winced. Previously, even in full time employment, I would only come across this information when doing my taxes each January, a chore made bearable only because Julie and I do them together at the same time and we usually get some money back. Soon we won't have to make tax returns, so we probably shan't, and we wont get any money back. That's part of George Osborne's cunning plan. Whatever, you look at the figure as if something must be wrong with it, and put it back in the box.
It seems this pensions business is a bit more of a problem than I thought. In most unlikely circumstances I find myself grazing some financial guidance; it has the term 'aging population' leaping from the page. My father was lucky enough to have a final salary pension, which pays out seemingly forever as a percentage of his final wage packet. They put a stop to that as a general policy years ago; what you will get (roughly speaking) is just the interest on what you've put in the pot, and therefore if interest is 1%, you'd need £100,000 to get £1000 per year. So frankly we'll all be poor. Worse, if the markets go tits up we'll all be starving. You might have the where-with-all to invest £100,000 and get 7%, but what have you invested in- probably in the chicanery that got the banks in to trouble in the first place! What to do?
Thankfully Julie is ever ready with an answer: 'Wind farms!- Wave power!' she says.
So I looked at the figure on the page and winced. Previously, even in full time employment, I would only come across this information when doing my taxes each January, a chore made bearable only because Julie and I do them together at the same time and we usually get some money back. Soon we won't have to make tax returns, so we probably shan't, and we wont get any money back. That's part of George Osborne's cunning plan. Whatever, you look at the figure as if something must be wrong with it, and put it back in the box.
It seems this pensions business is a bit more of a problem than I thought. In most unlikely circumstances I find myself grazing some financial guidance; it has the term 'aging population' leaping from the page. My father was lucky enough to have a final salary pension, which pays out seemingly forever as a percentage of his final wage packet. They put a stop to that as a general policy years ago; what you will get (roughly speaking) is just the interest on what you've put in the pot, and therefore if interest is 1%, you'd need £100,000 to get £1000 per year. So frankly we'll all be poor. Worse, if the markets go tits up we'll all be starving. You might have the where-with-all to invest £100,000 and get 7%, but what have you invested in- probably in the chicanery that got the banks in to trouble in the first place! What to do?
Thankfully Julie is ever ready with an answer: 'Wind farms!- Wave power!' she says.
Thursday, 23 July 2015
Sunday, 12 July 2015
Avalanche
When complex systems fail it's probably bad news, so you have to build in other complex systems to accommodate. Human systems are by comparison rather primitive I suppose, but they are still complex, since we respond to such myriad subtle stimuli to work out whether we are in a good situation or not, whether to fight or run. By comparison e-mail as a means of communication is the equivalent of a clump hammer.
People imagine that working is a university is a rather comfortable life; well it probably was and it probably could be, but there are a series of intractables within the management of that complex system within the management of another; the wider economy which have turned universities in to businesses, which are making life harder and harder. It's now a war between a culture of culture and a culture of management.
If we forgot every previous human catastrophe (I wonder at the tone of Hitler or Stalin's e-mails if they'd been able to send them) it would seem to be better to rely on human systems rather than electronic clump hammers, it is certainly the case that if there is a sudden problem in the human system, it has be be worked out with negotiation (simply because we are all so damn difficult/complex), power in electronic systems means that a tiny snow ball very rapidly becomes an avalanche, partly because a series of distant individuals suddenly are made aware of a problem but can't get to the problem and fix it, OR, they all try and do so at the same time, creating confusion and cancelling each other out.
these days, everytime I hear that 'ping' for incoming mail, I quake in my boots. There you have it, in the modern world, you're PARANOID by definition.
People imagine that working is a university is a rather comfortable life; well it probably was and it probably could be, but there are a series of intractables within the management of that complex system within the management of another; the wider economy which have turned universities in to businesses, which are making life harder and harder. It's now a war between a culture of culture and a culture of management.
If we forgot every previous human catastrophe (I wonder at the tone of Hitler or Stalin's e-mails if they'd been able to send them) it would seem to be better to rely on human systems rather than electronic clump hammers, it is certainly the case that if there is a sudden problem in the human system, it has be be worked out with negotiation (simply because we are all so damn difficult/complex), power in electronic systems means that a tiny snow ball very rapidly becomes an avalanche, partly because a series of distant individuals suddenly are made aware of a problem but can't get to the problem and fix it, OR, they all try and do so at the same time, creating confusion and cancelling each other out.
these days, everytime I hear that 'ping' for incoming mail, I quake in my boots. There you have it, in the modern world, you're PARANOID by definition.
Subscribe to:
Posts (Atom)
