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Debt

Economics

Economic Illiteracy and Dogma: this Budget encapsulates it perfectly

11th March 2024 Emile Woolf 0

As usual, the meaningless minutiae of tax-fiddling in last week’s budget stole the headlines and obscured what’s really going on. It would help if the linguistics were clearer: a tax “cut” should simply refer to [more…]

America

A perfect storm in the making

29th February 2024 Going Postal 0

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…]

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…]

America

Debt cancellation: the new panacea?

20th June 2023 Going Postal 0

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…]

Emile Woolf, Going Postal
America

The tragedy of a rudderless society

5th June 2023 Emile Woolf 0

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…]

America

Sound Money Required for Real Budget Discipline

1st June 2023 Patrick Barron 0

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…]

Economics

The Curse of Government Intervention

13th February 2023 Emile Woolf 0

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…]

Economics

OTF (Own Two Feet) Party, Part Twelve

27th October 2022 Going Postal 0

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…]

Business

Economic Idiocy Repeated, Part 2

21st February 2022 Emile Woolf 0

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…]

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