Economics
We Are Presented With A Unique Opportunity
There is a tide in the affairs of men. Which, taken at the flood, leads on to fortune; Omitted, all the voyage of their life Is bound in shallows and in miseries. On such a [more…]
Central Government
Business
Where do our rates go?
For overseas readers rates are what we Brits call property tax. It goes to local government which dwells in the marble halls of our kingdom. If you find yourself in a north of England depressed [more…]
Business
Thoughts on Legal Tender & Games of Pretence
Few people understand the purpose of so-called “legal tender”. It is widely believed that the government’s legal tender laws protect citizens’ money by formally designating it as the official medium for the settlement of transactions. [more…]
Economics
Bank Bail Ins
A number of Going Postal subscribers have asked me to cover the concept of Bank Bail Ins. My intention therefore with this essay is to outline the idea for the intelligent layman rather than the [more…]
Capitalism
The Climate Change Business
Before I start on the main body of this exercise, a few words on my background. On leaving school I joined, what at that time was one of the UK’s largest Power Engineering companies. Over [more…]
Business
Economic Distortion, Courtesy of Your Central Bank
Governments rarely set out to take responsibility for every single issue, but that usually happens anyway. As a result there is a growing expectation by citizens that, whatever the problem, it is the government’s job [more…]
Arts
How to unravel economic complexity – the simple citizen’s guide
Here’s a clue: if there are things that you, as a rational citizen, would never choose to do, it’s almost certain that government should stay clear of them too. But governments rarely act rationally, and [more…]