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Economics

Economics

Counterfeiting Money Is a Crime, Whether by the Fed or A Private Individual

4th April 2019 Patrick Barron 3943 Comments

A few years ago, shortly after the 2008 subprime lending disaster, the Fed sent a public relations team around the country to conduct supposedly “educational sessions” about how the Fed works and the wonderful things [more…]

Arts

The Truth About Central Banks

19th February 2019 Patrick Barron 4447 Comments

Most of the world takes it for granted that central banks are necessary for the smooth conduct of trade, both foreign and domestic. Nothing could be further from the truth. Let’s be clear. Central banks [more…]

19th Century

The Fallacy of the Labour Theory of Value in 5 mins

13th November 2018 Shibusa 2212 Comments

The Labour Theory of Value (LTV) has always been of interest to me. It is the theory on which nearly all Marxian school of thought rests – debunk the LTV, and you’ve essentially debunked the [more…]

Arts

A Simple Example to Explain Some Austrian Economic Principles

1st November 2018 Patrick Barron 3135 Comments

Simple examples can be used to explain what seem at first glance to be complex economic principles. I’ll use a hypothetical yet commonplace experience to explain how money may be used for only one of [more…]

Arts

My word is my bond

14th June 2018 El Cnutador 2644 Comments

“File:Handshake (16671886014).jpg” by Mark Morgan from Trinidad is licensed under CC BY 2.0 Much has been made in recent days on “bond rolls” and “gilts”.  As a technologist working in the financial sector I get [more…]

Arts

The Bid Process

5th June 2018 Leopard 1906 Comments

In every bid process it is important to identify who you are dealing with, the first is pretty obvious – your customer, or potential customer at least. Keep them sweet, give them what they want [more…]

Arts

Bidding for Tenders

26th May 2018 Leopard 1946 Comments

  Introduction This is intended to be a short series of articles which it is hoped will cast a little light on the curious world of commercial bids and tenders. While the focus is on [more…]

No Picture
Arts

UK Since the Referendum-Lies, Damn Lies and Statistics

16th December 2017 Jonathon Davies 1293 Comments

(All data, graphs and figures from the Office for National Statistics. Available under the Open Government License.) Where to begin? The amount of disinformation before, during and after the referendum on EU membership has been [more…]

Eraser of Love, Going Postal
Arts

Lloyds of London ‘My Word is my Bond’ A Page in the Diary

30th March 2017 Eraser of Love 1 Comment

6am: Unleash bowel movement Purging yesterdays Petrol washed translucent flake cocaine, continental lager and sundry sweet meats. 6.10am: Get up. 6.11am: Think about Killing Myself. Shower/power wank  while thinking of the Receptionists Feet , toe [more…]

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