As the Brexit debate drags on, there seems to be much confusion about tariffs. Neither politicians nor MSM journalists seem to understand the basic concepts. This is natural as politicians, bureaucrats & journalists made a [more…]
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…]
I’ve mentioned a few times in the comments about my involvement in ‘betting on horses’ and have often been asked exactly what I do. Well since one poster suggested it may make an interesting article, [more…]
Much has been made of Britain’s trade deficit, which is the amount by which our imports of goods and services exceed our exports. The same phenomenon is evident in many other strong economies, including the [more…]
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 the [more…]
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