Veteran observers of economic folly have the advantage of experience. They are already familiar with the failed policies being enacted, yet again, by unprincipled politicians whose sole motivation is re-election. In the meanwhile these pillars [more…]
With prices increasing rapidly across a wide range of materials, goods and products, especially basics like foodstuffs and energy, it is astonishing that what citizens now encounter every day is so persistently, and perversely, denied [more…]
Boris Johnston informed the Conservative Party conference a few weeks ago that he “has the guts to turn the UK into a dynamic high-wage economy”. But he said nothing about how he would achieve this [more…]
Following his interview with Vladimir Lenin on the subject of inflation in 1919, John Maynard Keynes quoted the Russian as having said “The best way to destroy the capitalist system is to debauch its currency”, [more…]
Whether it’s the belief that commitment to more infrastructure spending by the state will create more jobs; or that import tariffs are needed to protect domestic industries; or that currency manipulation can boost exports; or [more…]
The Conservative government has strayed so far from the principles on which it was elected that it is scarcely recognisable as the party most people voted for. Its colour on the political spectrum has undergone [more…]
The great debate now obsessing Treasury bosses and central bankers is whether all those trillions they continue to print so obsessively are at last producing a perceptible bout of hyperinflation. Before trying to make sense [more…]
“The Government has a duty to the next generation to build more homes” – reads a recent headline, quoting the Housing Minister, whose choice of words masks his preferred role, which is to get out [more…]
It is beyond dispute that Covid’s ravages are on the wane, yet resistance to freedom appears to be far more resilient than the virus. Over two short years a so-called Conservative government, egged on by [more…]
Copyright © 2021 | MH Magazine WordPress Theme by MH Themes