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Business

Economic Idiocy Repeated, Part 2

21st February 2022 Emile Woolf 2096 Comments

In Lewis Carroll’s “Through the Looking-Glass” Humpty Dumpty tells Alice: “When I use a word it means just what I choose it to mean—neither more nor less.” Humpty’s subjective approach to verbal meanings is of [more…]

Business

Economic Idiocy Repeated, Part 1

14th February 2022 Emile Woolf 2194 Comments

Any catalogue of economic legends would of course include the 2008 visit of Queen Elizabeth to the London School of Economics, when the country was experiencing an unprecedented housing market bubble based on the irrational [more…]

Emile Woolf, Going Postal
Business

Every Folly Has Its Consequences

7th October 2019 Emile Woolf 2496 Comments

The great Spanish master, Francisco Goya, expressed it concisely: “The sleep of reason produces monsters”. Today, wherever you look, insanity masquerades as rational thought. Lunatics flout their blatantly potty views as if they carried the [more…]

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