The New Year is usually associated with a new beginning, a fresh start, or a “clean slate”. Unfortunately, for millions of Americans, these are wishes that are bound to remain unfulfilled – for them, the [more…]
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…]
There is clearly a common denominator in the kind of “solutions” that the State comes up with to deal with the problems that it caused (and that’s most problems). Not only are these remedies worse [more…]
The definition of “family values” in most dictionaries includes features such as “upholding the moral and ethical principles of fidelity, honesty, truthfulness; and values that promote the sound functioning of the family, at the same [more…]
News here in the US has been full of the latest farce known as raising or not raising the debt ceiling. Today (Thursday, May25, 2023) the Wall Street Journal’s headline story reassures us that progress [more…]
It should be patently obvious that putting the country into cold-storage for two years, and lavishing unfunded benefits to all and sundry to protect them from hardship, must carry dire consequences for Britain’s economy – [more…]
Introduction Debt means many things. You can owe money, or it can be to help out in the future in thanks when next required, for a favour now. Either way you are beholden to someone [more…]
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…]
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…]
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