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John Maynard Keynes

Business

Economic Evolution: Darwin’s Idiot Speaks, Part One

16th January 2023 Going Postal 2987 Comments

Having been born into and grown up within the never-ending promise of prosperity guaranteed by Keynes’s gospel that saved us all from the purgatory of the Depression, I like others only began to see a [more…]

America

Kali Yuga

18th July 2022 Emile Woolf 4642 Comments

The level of economic understanding has never been lower My last essay focused on the sheer insanity of current pseudo-Conservative policies. I sent it out on the “Going-Postal” blog platform, and was rewarded with some [more…]

Economics

Reality begins to dawn

4th April 2022 Emile Woolf 2143 Comments

Shortly before the Chancellor’s Spring Statement, BBC2’s “Newsnight” featured Kirsty Wark interviewing two economic experts, one Conservative, one Labour. She asked each of them to describe the measures they would recommend to the Chancellor, Rishi [more…]

America

Government Spending Cannot “Stimulate” the Economy

18th October 2021 Patrick Barron 4331 Comments

Government economic policy is completely backwards. We are told that massive deficit spending, interest rates driven to zero, and now higher taxes on the “rich” will bring the American economy out of the doldrums or [more…]

Patrick Barron, Going Postal
Business

How Government Hides the Damage from the Covid-19 Lockdowns

16th March 2021 Patrick Barron 2079 Comments

Do not believe government pronouncements that the economy is rebounding from very minimal damage caused by unprecedented Covid-19 inspired closures of businesses or that the damage was very  mild anyway. Government will use it favourite [more…]

Emile Woolf, Going Postal
Business

Basic Principles: More Than Meets The Eye

24th August 2020 Emile Woolf 1896 Comments

Every primer on economics cites the familiar factors of production, land, labour and capital, as prerequisites for productive activity. Sometimes entrepreneurship is added to represent the gifted brain who brings the other three together in [more…]

Godfrey Bloom, Going Postal
20th Century

Roosevelt’s Disastrous New Deal

1st July 2020 Godfrey Bloom 3853 Comments

Britain’s Keynesian press & public service broadcasters view President Roosevelt’s New Deal as something to ‘put on a pedestal’ (Guardian June27). Sadly the New Deal has gone into main stream academic & political economic archives [more…]

Patrick Barron, Going Postal
America

Is There an Economic Justification for Tariffs?

23rd September 2019 Patrick Barron 2840 Comments

A tariff is a tax on imports that is used to satisfy a policy goal. Before the federal income tax became law in 1913, the US federal government was funded almost entirely by tariffs and [more…]

Business

The Necessary and Inevitable Recession to Come

17th June 2019 Patrick Barron 2159 Comments

Perhaps the most destructive premise of modern, mainstream economics is that a central bank-induced monetary/credit expansion can cause an economy to grow without adverse consequences. Let’s be perfectly clear from the start…this policy has been [more…]

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