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Central Government

Economics

Government’s real role has limits

30th October 2023 Emile Woolf 0

President Ronald Reagan said the nine most terrifying words in the English language are: “I’m from the government and I’m here to help”. We wonder whether he appreciated their full truth. The role of government [more…]

Economics

Why governments practise currency debasement – and how to cure them

3rd January 2022 Emile Woolf 0

I have written on the subject of currency debasement many times, but it is now reaching crunch-time – even for the pound, dollar, yen and euro.  Most respected economists persist in defining inflation as a [more…]

Economics

Government interventions and the Cobra effect – Part II

9th December 2021 Going Postal 0

Unsound money, unsound society  Of course, one of the most important and consequential parts of the incredibly complex organism that is the economy is money itself. It is its lifeblood and as the song goes, “it [more…]

Economics

Government interventions and the Cobra effect – Part I

1st December 2021 Going Postal 0

Almost two decades ago, German economist Horst Siebert coined the term the “Cobra effect” to describe the real-world consequences of “well-intentioned” government interventions that go awry and produce the exact opposite results from what they aim for. [more…]

Economics

Inflation on the rise – The blame game

9th November 2021 Going Postal 0

After months of outright denials and fiery persistence that inflation is not a problem and never will be, central bankers in the US, the EU and other advanced economies are now being forced to face [more…]

Business

Sound Money Is a Pre-requisite to Peace, Prosperity, and Freedom

25th October 2021 Patrick Barron 0

There are many good recommendations promoted by Austrian school economists for improving the  economy. Although we enjoy successes periodically, most–such as deregulating trucking and airline pricing–involve eliminating previous government interventions. These successes are to be [more…]

Business

The battle for control over the future of money

15th September 2021 Going Postal 0

It’s no secret that governments and central planners of all stripes have long detested the rise of private money and independent digital currencies. They have tried to stifle the burgeoning crypto industry from the moment [more…]

Business

Government as the Ultimate Cause of the Tragedy of the Commons

2nd June 2021 Patrick Barron 0

A good definition of the Tragedy of the Commons is that “Resources that are un-owned and/or un-ownable will be plundered to extinction”. Consider the fishes of the seas, especially those that migrate such as whales [more…]

Emile Woolf, Going Postal
Economics

Government’s Wayward Spending – It’s Our Money!

3rd May 2021 Emile Woolf 0

Expenditure by “Big-government” is not readily susceptible to economic calculation. Therefore it’s impossible to know whether citizens would support central or local spending proposals – and they are never consulted anyway. The result is often [more…]

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