Drinking
Life Not In The (Fridge &) Freezer
Introduction This is an occasional series with no set timing, as and when it makes sense to post an update. Could in fact be the only article. It is more an intellectual exercise than being [more…]
Inflation
Economics
The Missing Factor in Liz Truss’ Economic Recovery Plan
Despite much anticipation the economic recovery plan proposed by Britain’s new prime minister, Liz Truss, is missing one key ingredient that will ensure its failure–spending cuts. The new “temporary budget” presented by her Chancellor of [more…]
Economics
Crisis After Crisis – The Economic Chain Reaction
Several readers expressed surprise that last week’s essay concerned my personal NHS experiences rather than the pressing issues of the day. In such a rapidly changing economic picture no commentary can ever be bang-up-to-date, while [more…]
Economics
The many perils of “Stockholm syndrome” politics
It’s been a tumultuous couple of months in UK politics. After a troubled time in office, plagued by scandal, internal party frictions and much public embarrassment, Boris Johnson exited the stage leaving behind a big [more…]
Business
Eat or heat
Europeans are already facing previously unthinkable dilemmas As the citizens of the Eurozone and the UK are increasingly struggling to make ends meet due to record levels of inflation, and as the winter draws closer, [more…]
Economics
Despite Their Hubris, Monetary Authorities Do Not Have Total Control
A new monetary age is coming and sooner than anyone thinks. Since 1971 the world’s monetary system has been unanchored from anything of intrinsic value. In the fall of that year President Nixon took the [more…]
20th Century
Sound Money Can Prevent What Representative Democracy Does Not
One of the arrogances of “Western” nations is that our way of life and our liberties are protected by periodic elections as required by constitutions, written (America) or not (Great Britain), containing bills of rights, [more…]
Economics
A crack-up boom in the making
The great Ludwig von Mises first described the concept of a crack-up boom as part of the Austrian business cycle theory, based on real life events that to an unsuspecting bystander might have appeared unconnected, [more…]
Business
All other things being equal
A paradox is an apparent absurdity or contradiction that, on close investigation, is found to be true. What’s happening in government right now is hardly paradoxical – it certainly appears to be both absurd and [more…]