Democracy
Tax
Economics
The lack of affordable housing? Blame it on 12 years of interest rate-suppression
The other evening my wife was watching Question Time on BBC 1. I wandered into the room and listened for 5 minutes, hearing panel members pontificating on what their respective political parties would do/are doing [more…]
Business
Civil Servants
I was asked to appear on the Mark Dolan Show (GB News) last week to discuss the proposition ‘Are Civil Servants Inherently Left Wing?’ Irritatingly a technical hitch my end scrapped the debate. The proposition [more…]
America
Economic Evolution: Darwin’s Idiot Speaks, Part Six
Transfer of our capacity to manufacture goods and mine energy and resources to developing countries served to endorse our virtual assets as we established and dominated new markets with economic colonialism. Ludwig von Mises noted [more…]
Authoritarianism
The price of energy
The rise in energy prices has been confusing me. With standing charges being increased three or more fold and the cost per unit heading for the stratosphere, what on earth is going on. There is [more…]
Economics
The Curse of Government Intervention
It should be patently obvious that putting the country into cold-storage for two years, and lavishing unfunded benefits to all and sundry to protect them from hardship, must carry dire consequences for Britain’s economy – [more…]
America
Economic Evolution: Darwin’s Idiot Speaks, Part Five
FDR had abolished private ownership of gold money but retained gold as the underlying asset for U.S. currency, exchangeable one for the other. Variations in the price of U.S. currency in ounces of gold served [more…]
America
Economic Evolution: Darwin’s Idiot Speaks, Part Four
One of Say’s Laws holds that “we produce to consume”. This is certainly the underlying theme of the Industrial Revolution with its accompanying exponential growth in production of technology, communication, and energy utilization. While private [more…]
Economics
Growth is the antidote to stagnation – but it requires knowledge and leadership
By now even Treasury officials and central banks recognise that their practice of Quantitative Easing has run its course. In its contemporary form, QE began a dozen years ago as a temporary emergency measure enacted [more…]