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…]
The September 26 election was an extremely close race, with the eyes of the world fixed upon the country as it tried to find the successor of Angela Merkel, one the most influential and longest-serving [more…]
Following his interview with Vladimir Lenin on the subject of inflation in 1919, John Maynard Keynes quoted the Russian as having said “The best way to destroy the capitalist system is to debauch its currency”, [more…]
As well as buying precious metals for their intrinsic value there are many people who collect coins, bars and other items and pay far more than their value in weight because of a perceived value [more…]
The Market A market is a place where supply meets demand, where wants and needs meet goods and services. A perfect market would be nothing other than that but, apart from thee ‘n me, nothing [more…]
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