When the sociologist WG Runciman published his classic Relative Deprivation and Social Justice in 1966, relative deprivation was actually declining.
Here's private saving as a share of GDP: Obviously it jumped up after the housing bust, but until then it was actually declining, and even now it's below historic highs.
Yet, none of them warned us about the housing bubble: they were too busy running around the country yelling about the budget deficits even when the deficits were small enough that the debt to GDP ratio was actually declining.
It seemed as if cycle campaigning was finally taking off south of the border and cyclists' voices were being heard, while here in Scotland the cycling and walking budget was actually declining despite the government's target of 10% of journeys being undertaken on a bike by 2020.
Brisbourne is well positioned to answer any questions about the funding scene in Europe, which last I checked was one of the only markets in the world where investing activity was actually declining this year.
This meant that parish clergy were largely drawn from the lower and less educated ranks of the profession, leading to frequent complaints about their standards of education or ability, although there is little clear evidence that this was actually declining.
