Animals
Larry’s Diary, Week Two Hundred and Forty-Eight
Monday Good morning happy readers and it looks like it’s going to a nice week for the last week of the school holidays down here in the South. So Liebore said they were going to [more…]
Banking
Business
Ultra Vires
Back in the early 1990’s I was working for Girobank, at that time still part of the Post Office. Looking back it was a really interesting place to work, still with many civil service customs. [more…]
Economics
Characteristics of Government Today
Two hundred years ago Lord Macauley wrote “the measure of a man’s real character is what he would do if he knew he would never be found out”. This intriguing insight is as true of [more…]
Business
A bank is a bank is a bank – Part II
A real systemic crisis If there was one thing more telling than the bank failures themselves, it was the governments’ reaction to them. The sheer panic that shook US, Swiss and Eurozone officials was almost pitiable [more…]
Business
A bank is a bank is a bank
It might sound like an old-fashioned notion, the sort of thing that one reads about in period novels and romantically sighs “oh, the good old days”. It might sound like old timely advice, perhaps of [more…]
Economics
How to work out your interest yourself – and how the banks did it in the old days…
Have you ever wondered how the bank worked out how much interest to pay on your savings account, or charge you on your mortgage? I had a mortgage with a building society some years ago, [more…]
Economics
OTF (Own Two Feet) Party, Part Six
This has been written so much better in thousands of articles on the web (including GP). Wasn’t going to write this one but have included it for completeness. Very short and to the many points. [more…]
America
Mutuals & Friendly Societies
I offer some additions to the excellent work by Pat Barron & Emile Woolf old libertarian comrades, also excellent work by Alasadair MacLeod of Gold Money on their platform. They are at the cutting edge [more…]
Economics
In Defense of the “Two Bank” Banking Reform Proposal
In his recent essay for Goldmoney.com, titled Building a Better Banking System, Alasdair Macleod agrees with the Austrian view that sound money would help prevent a looming “combined currency, asset, and banking crisis”, yet challenges [more…]