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Markets

20th Century

Kill not cure: the economic prescriptions that failed

15th July 2025 Going Postal 2620 Comments

Introduction In my essay ‘From Socialism to Welfarism: the Betrayal of the Working Class’, I observed that the early socialist thinkers developed their ideas at the peak of the industrial revolution.  Socialist theory was therefore [more…]

Business

No Need to Control Resources; Access Is Sufficient

2nd July 2025 Patrick Barron 3020 Comments

For a long time political pundits have wished that the US government was run “more like a business”; thus, believing that a businessman would be preferable to a politician. A businessman’s goal is to make [more…]

Economics

The Great Taking

10th June 2025 Going Postal 3030 Comments

Interview with James Patrick, TheGreatTakingReport.com As many of my clients, friends and regular readers know well, I’ve spent the better part of the last decade criticizing all the great evils and trespasses of the State and [more…]

Economics

The Protectionists Have No Theory

5th June 2025 Patrick Barron 2219 Comments

President Trump’s tariff blitz has shocked and alienated almost all students of economic science, but he seems to have a loyal following of support among the electorate. Students of economic science have a rich history [more…]

America

David Hume’s Insight Explains America’s Economic Decline

16th April 2025 Patrick Barron 2447 Comments

Since he was a young up-and-coming property magnate in New York City, Donald Trump has been fixated on what he believes to be foreigners’ cheating on international trading terms to the detriment of the US. [more…]

America

Chaos

7th April 2025 well_chuffed 2280 Comments

Since the Donald was sworn in as the 47th President there has been little but chaos in his administration. Steve Bannon intimated that changes would be coming fast and haphazardly, mainly to keep the Democrats [more…]

Economics

Secret Message in Cantillon’s Essai

27th March 2025 Going Postal 2089 Comments

Murry Rothbard’s chapter, The Celebrated Adam Smith, in his Economic Thought before Adam Smith begins: Adam Smith … is a mystery in a puzzle wrapped in an enigma.  The mystery is the enormous and unprecedented [more…]

Business

How I Got Into Buying Shares

26th March 2025 Going Postal 2329 Comments

In 1980, I was 30 years old, and Margaret Hilda Thatcher was Prime Minister, having beaten ‘Sunny Jim’ Callaghan at the previous year’s General Election. It was the first year that I thought deeply about [more…]

Economics

How to Stop the BRICS Nations from Abandoning the Dollar

13th January 2025 Patrick Barron 1607 Comments

The US government is aghast that there is a new grouping of nations that seeks to form an alternative to the US trade bloc and trade settlement system that uses the dollar. These nations have [more…]

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