After months of outright denials and fiery persistence that inflation is not a problem and never will be, central bankers in the US, the EU and other advanced economies are now being forced to face [more…]
I wrote a few notes on Warble Gloaming recently, and with the gloomfest that is COP26 looming I thought it might be time to revisit them. Here’s the second, on that well-known danger to Life [more…]
Gold-backed civilization vs. the Welfare State Many rational economists and students of history have written countless analyses on the gold standard and the terrible impact that its end has had on the world economy. However, [more…]
The rise and fall of the Roman Empire is arguably one the most studied, written about and theorized over subjects in academia, with fiery debates raging for hundreds of years among historians, sociologists and political [more…]
Boris Johnston informed the Conservative Party conference a few weeks ago that he “has the guts to turn the UK into a dynamic high-wage economy”. But he said nothing about how he would achieve this [more…]
I wrote a few notes on Warble Gloaming recently, and with the gloomfest that is COP26 looming I thought it might be time to revisit them. Here’s the first, which I’ve named after an Alistair [more…]
Last time in UK Electricity Supply Bloodbath? we concluded that, across the next decade, Britain’s positive electricity margin becomes a deficit as an older generation of nuclear and coal-fired power stations come to the end [more…]
There are many good recommendations promoted by Austrian school economists for improving the economy. Although we enjoy successes periodically, most–such as deregulating trucking and airline pricing–involve eliminating previous government interventions. These successes are to be [more…]
Government economic policy is completely backwards. We are told that massive deficit spending, interest rates driven to zero, and now higher taxes on the “rich” will bring the American economy out of the doldrums or [more…]
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