America
Economics
Economics
Prior Savings Is the Ethical Requirement for Retirement
Retirement is seen almost as a right by most people in the West, especially America and Europe. Make it to your sixties and most people expect to retire from the daily grind of earning a [more…]
Economics
Secret Message in Cantillon’s Essai
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
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 End Drug Violence
Recently President Trump threatened to invade Mexico, all in its best interest of course, in order to smash the drug cartels that are responsible for funneling so many illegal drugs into the US. There is [more…]
Communism
We are running out of bread and circuses
It takes a lot to keep a population anaesthetised. Anaesthesia, as medical Puffins will attest, is a very tricky and demanding mistress. A dash too much potion here, or an insufficient soupçon of elixir there, [more…]
Economics
The Case Against Fordism
It’s hard to imagine where we would be today in terms of economic progress, industrial production capacity and labour dynamics if Henry Ford never existed. The revolutionary system he pioneered in the early 20th century, [more…]
America
Earl Browder
Some of you may have heard of the American born British financier Sir William Felix Browder KCMG, more usually known as Bill. He is the CEO and co-founder of Hermitage Capital Management and in a [more…]
Business
The delusion of job creation
I have been diverted from writing further essays in the Economic Perspectives series as I am assembling the existing essays in a book designed to demystify the science of economics. But occasionally the temptation to [more…]