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America

Economic Evolution: Darwin’s Idiot Speaks, Part Five

13th February 2023 Going Postal 1780 Comments

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

6th February 2023 Going Postal 5210 Comments

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…]

Emile Woolf, Going Postal
Economics

Growth is the antidote to stagnation – but it requires knowledge and leadership

30th January 2023 Emile Woolf 1593 Comments

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…]

Authoritarianism

Civil Freedom and its Contemporary Enemies

2nd January 2023 Emile Woolf 5543 Comments

One of the greatest literary works of the age, James Joyce’s “Ulysses”, reveals its author’s surprising, yet profound, understanding of some of the most basic issues in economics. In the early days of the 20th [more…]

Economics

Economic Consequences of Demented Leadership

12th December 2022 Emile Woolf 3347 Comments

The woes we face are not theoretical. They are real, and worsen by the day. Very few members of the public really understand their causes, still less what can be done to reverse the decline. [more…]

Economics

Inflation Explained

29th November 2022 Godfrey Bloom 3573 Comments

Many people are confused about inflation, unsurprisingly because politicians & Central Banks want you to be confused. Let me give a few pointers, a quick glossary if you will. Monetary Inflation This is base camp [more…]

Business

Retaining a Semblance of Sanity in the Asylum

21st November 2022 Emile Woolf 1785 Comments

Every time I start this essay I find the political background has shifted so dramatically that I have to start again. Only Ollie’s complaint to Stan seems to be an apt constant: “another fine mess [more…]

Conservatives

The Missing Factor in Britain’s Economic Recovery Plan

7th November 2022 Patrick Barron 3502 Comments

Despite much anticipation the economic recovery plan proposed by Britain’s Tory Party after the departure of former prime minister, Boris Johnson, is missing one key ingredient that will ensure its failure–spending cuts. The new “temporary [more…]

Arts

Feck yoos Disqus censor algorithm

2nd November 2022 Beware of Geeks bearing GIFs 3546 Comments

There’s an old online adage: if you can’t beat the censorial posting comments algorithm, make it an article.  And so I will.  Twice censored in the comments that nobody reads.  Thanks, Disqus codebase. A lazy [more…]

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