Economics
Fiat Money and Socialism
For some time now I have been mulling over the possible causes of what seems to be an increase in the desire for socialism among the young. For someone of my generation (an early post [more…]
Economics
18th Century
Are the aims of nationalism and protectionism the same?
The ideology of “nationalism” is characterised by the unstinting promotion of a particular nation’s interests, possibly regardless of detriment caused to the interests of other nations. Nationalism may therefore be considered a form of patriotism, [more…]
Business
The Gulf Between Rich & Poor
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…]
Arts
Bacon Baguettes & Round Laces
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…]
Economics
Understanding economics needs a solid base
Economics is a set of principles that explain how our various needs and wants may be satisfied. The Greek origin of the word “economics” can be roughly, but aptly, translated as “good housekeeping”, and any [more…]
Economics
A buying opportunity in precious metals
After a remarkable run over the past few months, gold and silver now appear to have entered a period of consolidation. Many speculators and short-term focused investors have sold their positions fearing a correction, while [more…]
Authoritarianism
Climate Change Protests
Yet another climate protest against our use of fossil fuels. Spokes-persons berate us over air-waves driven by generated electricity carried by steel pylons cemented into the ground. They sit in a studio with its array [more…]
Business
Every Folly Has Its Consequences
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…]
Arts
Minimum Wage & Crap Politicians
Conservatism The Conservative party have yet to understand that the key to post Brexit success is not to replace Brussels with Westminster but set the economy free from the bondage of crippling over regulation & [more…]