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Animals

Larry’s Diary, Week Two Hundred And Seventy-Six

13th April 2025 Going Postal 1911 Comments

Monday Good morning, and what a beautiful sunny morning it is. It’s nice and warm, and there is a clear blue sky, quite appropriate for my 18th birthday. Legohead is off to an immigration summit [more…]

Business

How I Got Into Buying Shares

26th March 2025 Going Postal 2329 Comments

In 1980, I was 30 years old, and Margaret Hilda Thatcher was Prime Minister, having beaten ‘Sunny Jim’ Callaghan at the previous year’s General Election. It was the first year that I thought deeply about [more…]

20th Century

Interesting Lives, Part Two

1st March 2025 Always Worth Saying 2378 Comments

When Aga Khan III died, it was a difficult act to follow, especially since the title skipped a generation and found itself resting upon the shoulders of 19-year-old Prince Karim Al Husseini, who we know [more…]

20th Century

Interesting Lives

15th February 2025 Always Worth Saying 2317 Comments

After happening upon some sad news at the breakfast table the other morning, I sighed, folded my newspaper and gazed wistfully out of the window across the frost-pinched meadows of my native Debatable Lands. Beyond [more…]

America

Economic Evolution: Darwin’s Idiot Speaks, Part Six

20th February 2023 Going Postal 3091 Comments

Transfer of our capacity to manufacture goods and mine energy and resources to developing countries served to endorse our virtual assets as we established and dominated new markets with economic colonialism. Ludwig von Mises noted [more…]

America

Economic Evolution: Darwin’s Idiot Speaks, Part Five

13th February 2023 Going Postal 1780 Comments

FDR had abolished private ownership of gold money but retained gold as the underlying asset for U.S. currency, exchangeable one for the other. Variations in the price of U.S. currency in ounces of gold served [more…]

Economics

How to work out your interest yourself – and how the banks did it in the old days…

11th February 2023 Going Postal 2813 Comments

Have you ever wondered how the bank worked out how much interest to pay on your savings account, or charge you on your mortgage? I had a mortgage with a building society some years ago, [more…]

America

Economic Evolution: Darwin’s Idiot Speaks, Part Four

6th February 2023 Going Postal 5210 Comments

One of Say’s Laws holds that “we produce to consume”. This is certainly the underlying theme of the Industrial Revolution with its accompanying exponential growth in production of technology, communication, and energy utilization. While private [more…]

Business

Economic Evolution: Darwin’s Idiot Speaks, Part Three

30th January 2023 Going Postal 1856 Comments

Banking came up with its own methods of inflating the supply of legal tender-fiat money, fractional reserve lending. A bank comes to know (a version of the dispersal of knowledge of the market) how much [more…]

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