Those still shedding tears over our departure from the EU invariably refer to the success of the EU in healing post-WW2 wounds and keeping peace in Europe for 75 years. By the same token they [more…]
My first job was as a graduate trainee for a merchant bank in the City in the late 1980s and among the many buzzwords that the Slick Willies of that profession used to bandy about [more…]
As my regular readers know, most of my essays are forays into challenging economic issues. They reflect my own attempts to gain an understanding of their underlying principles. But there’s a lot riding on the [more…]
The rise and fall of coca wine Coca leaves have been used as a stimulant in South America for over a thousand years, especially in the Andes to overcome the fatigue of living and working [more…]
We are well into the protest season. The long run-up to the election period has been characterised by one protest after another – no-deal Brexit, climate change, arms sales, Tommy Robinson, police brutality, capitalism, Trump’s [more…]
My old chum Carruthers came to stay last week, he works for a major airline & has seen plenty of the world in the last forty years, as indeed I have myself. We somehow got [more…]
The great Spanish master, Francisco Goya, expressed it concisely: “The sleep of reason produces monsters”. Today, wherever you look, insanity masquerades as rational thought. Lunatics flout their blatantly potty views as if they carried the [more…]
The US Department of Defence is a major customer of many private sector suppliers, including the Boeing Company. Although relationships between customer and supplier are mutually beneficial, that is by no means the only reason [more…]
Perhaps the most destructive premise of modern, mainstream economics is that a central bank-induced monetary/credit expansion can cause an economy to grow without adverse consequences. Let’s be perfectly clear from the start…this policy has been [more…]
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